Singapore is one of the world’s most attractive destinations for business incorporation. With its pro-business policies, low corporate tax rates, strategic location, and world-class infrastructure, it’s no surprise that entrepreneurs and foreign investors view it as a gateway to the Asia-Pacific region.

A common question among non-residents is: Can I register a company in Singapore without living there?
The answer is yes. Singapore allows 100% foreign ownership and permits company incorporation even if you’re not a Singaporean citizen or resident.

In this guide, we outline the step-by-step process for registering a company in Singapore as a non-resident, covering legal requirements, necessary appointments, and post-registration compliance.

Is It Legal to Register a Company in Singapore as a Non-Resident?

Yes, non-residents are allowed to set up and own 100% of a Singapore company. You do not need to be physically present or hold any residency status to register a company.

However, there are specific legal and administrative requirements that must be fulfilled, such as appointing a local director and engaging a licensed corporate services provider.

Requirements for Non-Residents to Register a Company in Singapore

Before initiating the company registration process, it's important to understand the minimum legal requirements:

1. Company Name

  • Must be approved by the Accounting and Corporate Regulatory Authority (ACRA)

  • Should be unique, non-offensive, and not infringe on trademarks

2. At Least One Resident Director

  • Every Singapore company must appoint at least one local resident director

  • The resident director must be:

    • A Singapore citizen

    • A Singapore permanent resident

    • An EntrePass or Employment Pass holder (with a residential address in Singapore)

  • Non-residents must appoint a nominee director to satisfy this requirement

3. Shareholders

  • Minimum of 1, maximum of 50

  • Shareholders can be individuals or corporate entities

  • 100% foreign ownership is permitted

4. Paid-Up Capital

  • Minimum of SGD 1 (no maximum limit)

  • Can be increased after incorporation

5. Registered Address in Singapore

  • Must be a local Singapore address (not a P.O. box)

  • Can use the address of a virtual office or business center

6. Company Secretary

  • Must appoint a qualified corporate secretary within 6 months of incorporation

  • The secretary must be a natural person residing in Singapore

Step-by-Step Process to Register a Company in Singapore as a Non-Resident

Step 1: Engage a Licensed Corporate Service Provider

Non-residents cannot self-register a company in Singapore. You must engage a licensed corporate service provider (CSP) registered with ACRA. These firms handle:

  • Name reservation

  • Preparation of documents

  • Nominee director services

  • Company secretary appointment

  • Ongoing compliance support

Most CSPs offer remote services and can guide you through the entire process without requiring your physical presence.

Step 2: Choose a Company Name and Get It Approved

Your CSP will check for the availability of your desired company name and submit it to ACRA for approval. Name approval typically takes less than 24 hours, unless it involves regulated terms (e.g., “finance,” “media,” or “legal”), in which case additional vetting is needed.

Step 3: Prepare Incorporation Documents

Your CSP will prepare and submit the necessary incorporation documents, including:

  • Company constitution (formerly known as Memorandum & Articles of Association)

  • Consent to act as a director and secretary

  • Identification documents of directors and shareholders

  • Registered address details

If you’re not in Singapore, these documents can typically be signed electronically or via courier.

Step 4: Appoint a Nominee Director (If Required)

As a non-resident, you’ll need to appoint a nominee director to fulfill ACRA’s local resident director requirement. This individual acts in name only and does not participate in business decisions unless authorized.

Many CSPs offer nominee director services for a fixed annual fee, supported by an indemnity agreement.

Step 5: Incorporation with ACRA

Once all documents are prepared and verified, your CSP will submit them to ACRA. Upon successful registration, you will receive:

  • Certificate of Incorporation

  • Company Registration Number (UEN)

  • Business Profile (BizFile)

The process typically takes 1–3 business days once all documents are in order.

Post-Incorporation Steps

1. Open a Corporate Bank Account

After incorporation, you can open a business bank account in Singapore. Most banks require:

  • Company registration documents

  • Personal ID of directors and shareholders

  • Proof of business activities

  • In-person verification (may vary by bank)

While some banks allow remote onboarding, many require at least one director to visit a Singapore branch. Alternatively, you can explore digital banks and multi-currency platforms that cater to international business owners.

2. Register for GST (If Applicable)

Goods and Services Tax (GST) registration is mandatory if your company’s annual turnover exceeds SGD 1 million. Voluntary registration is also allowed for companies dealing with GST-registered vendors or clients.

3. Maintain Accounting and Compliance

All Singapore companies must comply with annual filing and bookkeeping requirements:

  • Annual General Meeting (AGM)

  • Filing of Annual Return with ACRA

  • Corporate tax filing with IRAS

  • Maintenance of accounting records

  • Employment-related filings (if you have staff)

Engaging an accounting and compliance partner is essential for staying on track with statutory obligations.

Can I Move to Singapore to Run the Company?

Yes, you can apply for an EntrePass or Employment Pass to relocate and manage your Singapore company. Approval depends on your qualifications, business plan, and the company’s economic contribution.

Once granted, you can serve as the resident director, replacing the nominee director.

Benefits of Registering a Company in Singapore as a Non-Resident

  • Full foreign ownership: No local partner required

  • Stable legal and regulatory environment

  • Attractive corporate tax rate (17%)

  • Access to ASEAN and Asia-Pacific markets

  • Strong reputation and credibility with clients and investors

  • World-class banking and fintech ecosystem

  • Efficient incorporation and compliance process

Considerations and Risks

  • Nominee director liability: Choose a reputable service provider and clearly define roles and responsibilities in writing.

  • Banking challenges: Some banks may have strict KYC policies; consider banks with experience working with non-resident owners.

  • Ongoing costs: Budget for annual maintenance fees, nominee director charges, accounting services, and government filings.

FAQs

1. Can I register a company in Singapore without ever visiting the country?
Yes. Most incorporation and compliance procedures can be handled remotely through a licensed corporate service provider. However, in-person visits may be required for bank account setup depending on the bank.

2. Is it mandatory to have a local director for a Singapore company?
Yes. Every company must have at least one resident director. Non-residents typically appoint a nominee director to meet this requirement.

3. Can I open a Singapore business bank account remotely?
Some banks offer remote onboarding, especially for companies with strong documentation and a local nominee director. Digital banking solutions are also available.

4. What is the minimum capital required to start a company?
The minimum paid-up capital is SGD 1. This amount can be increased after incorporation.

Final Thoughts

Singapore offers a flexible, business-friendly environment for non-residents seeking to establish a company in Asia. While you don’t need to live in Singapore to register a business, it is essential to comply with local laws by appointing a resident director and maintaining proper accounting and corporate governance.

With the right service provider and preparation, registering a company in Singapore without being a resident is not only possible but also a strategic decision for long-term international growth.