Singapore has always been a preferred location for multinational enterprises to expand into the global market due to its top business environment, attractive tax policies and geographical advantage of being the "Crossroads of Asia". 2025 Singapore has even launched a S$100 billion support policy to preserve its tax advantages while giving the green light to science and technology innovation, green economy, family offices, and so on, to further enhance its attractiveness to global enterprises. The green light for science and technology, green economy, and family offices has further enhanced the attractiveness of Singapore to global enterprises.

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In January 2026, Singapore company registration policy ushered in a new round of optimization and adjustment, the process is more simplified, the conditions are more clear, this article will provide you with a comprehensive analysis of the latest registration strategy, covering the advantages, policy changes, process, cost, bank account opening and FAQs and other core content, to help enterprises successfully layout of the Singapore market.

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Hi ~ I am the customer service of Enterprise Finance Group! We provide domestic (Shenzhen, Guangzhou, Shanghai, Beijing, Hangzhou, etc.) company registration, overseas (Hong Kong, the United States, Japan, the United Kingdom,Singaporean(Thailand, Viet Nam, etc.)Company RegistrationWe also provide Hong Kong identity application and renewal services, as well as cross-border tax planning, shareholding structure design, compliance and risk control programs, and other full chain of corporate services. Feel free to contact me at any time with your needs, Tel:16620947137, microsoft:Qicaiyingjituan(can be added by direct search)

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I. Analysis of the core advantages of Singapore company registration in 2026

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The core of Singapore's ability to attract global capital and talent lies in its dual advantage of "tax incentives + efficiency", which can be summarized in the following six points:

1. The tax burden is super-provincial:The mainstream corporate income tax rate is only 17%, with new companies enjoying tax exemptions and a tax rebate of up to S$40,000, which greatly reduces business operating costs.

2. Extremely fast opening:The registration can be completed online in as fast as 1 day with complete documents, without the need for the applicant to come to Singapore, making the whole process efficient and convenient.

3. Excellent location:Situated at the "Crossroads of Asia", it is the perfect springboard for enterprises to enter Southeast Asia and even the global market, with significant logistics and trade advantages.

4. Credited top:The legal system is transparent and perfect, and the business environment has ranked among the top in the world for many consecutive years, which has greatly enhanced the international credibility of enterprises and facilitated the smooth development of international financing and cooperation.

5. Facilitation of financing:As an Asian financial center with abundant capital channels, the government has also set up special funds for industries such as science and technology and cutting-edge technology to provide financial support for business development.

6. Policy support:The business environment continues to be optimized with the launch of a S$100 billion support scheme in 2025, with heavy incentives and subsidies for founders, regional headquarters and cutting-edge technology sectors, and the further relaxation of foreign shareholding restrictions in 2026.

Singapore company registration is not only a choice for conducting business, but also a golden way for companies to gain international credibility and make long-term strategic layout.

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Hi ~ I am the customer service of Enterprise Finance Group! We provide domestic (Shenzhen, Guangzhou, Shanghai, Beijing, Hangzhou, etc.) company registration, overseas (Hong Kong, the United States, Japan, the United Kingdom,Singaporean(Thailand, Viet Nam, etc.)Company RegistrationWe also provide Hong Kong identity application and renewal services, as well as cross-border tax planning, shareholding structure design, compliance and risk control programs, and other full chain of corporate services. Feel free to contact me at any time with your needs, Tel:16620947137, microsoft:Qicaiyingjituan(can be added by direct search)

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II. Latest Policy Changes in Singapore Company Registration in 2026

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January 2026 Singapore company registration policy adjustments, the core around to enhance the competitiveness of the business environment, optimize the access conditions for foreign investment to start, the specific changes are as follows:

1. Context of policy adjustments

With the evolution of the global economic situation and the advancement of Singapore's own economic development strategy, in order to attract more high-quality enterprises to move in, the government has optimized its company registration policy, aiming to create a fairer, more transparent and more efficient business environment, and to stimulate the vitality of enterprise innovation.

2. Elements of specific policy changes

(1) Relaxation of shareholders' qualifications: The new policy relaxes the restrictions on foreign shareholders' shareholding ratio, allowing foreign shareholders to realize 100% shareholding in most non-sensitive industries, while retaining certain shareholding restrictions only in sensitive industries such as finance and telecommunication, thus providing greater convenience for foreign investors to enter the Singapore market.

(2) Stringent director qualifications: The qualification of local directors will be strengthened by requiring at least one local director to have industry experience and professional knowledge relevant to the company's business scope, and to provide supporting documents such as resumes, work experience or professional certificates, to ensure that the company's operations are in compliance with Singapore's laws and regulations, and business norms. Local directors must be Singapore citizens, permanent residents or foreigners holding certain passes and have a fixed residential address in Singapore.

(3) Tightening of name rules: more stringent requirements for the uniqueness and compliance of company names, prohibiting the use of names that are likely to cause confusion and violate public order and morals, and shall not contain sensitive words or infringe on the trademarks of others, with a validity period of 120 days after the approval of the name.

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Hi ~ I am the customer service of Enterprise Finance Group! We provide domestic (Shenzhen, Guangzhou, Shanghai, Beijing, Hangzhou, etc.) company registration, overseas (Hong Kong, the United States, Japan, the United Kingdom,Singaporean(Thailand, Viet Nam, etc.)Company RegistrationWe also provide Hong Kong identity application and renewal services, as well as cross-border tax planning, shareholding structure design, compliance and risk control programs, and other full chain of corporate services. Feel free to contact me at any time with your needs, Tel:16620947137, microsoft:Qicaiyingjituan(can be added by direct search)

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Third, 2026 Singapore company registration detailed process

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Under the new policy, the process of Singapore company registration is further simplified, and can be divided into 5 core steps, the whole process can be done online:

1. Defining the corporate structure

There are 3 mainstream company types in Singapore, which companies can choose according to their size and needs:

(1) Private Limited Company: the most common type, the liability of shareholders is limited to the amount of capital contribution, suitable for small and medium-sized enterprises, but also most of the multinational enterprises preferred.

(2) Sole Proprietorship: owned and operated by individuals with unlimited personal liability, suitable for small individual businesses.

(3) Partnership: 2 or more partners operating together, partners bear unlimited liability, suitable for small joint business.

2. Pre-approval of company names

Check name availability through the Accounting and Corporate Regulatory Authority of Singapore's (ACRA) BizFile+ system to ensure that the name is unique and unregistered. The name needs to meet the compliance requirements of the new policy and can proceed to the next step once it has been cleared. Name approval fee of S$15 is included in the subsequent registration fee.

3. Preparation of registration materials

You need to prepare all the following materials in advance to ensure that the information is accurate and complete:

(1) Articles of Incorporation (Constitution): Provide for the basic rules and operation of the company;

(2) Shareholder and director information: proof of identity (passport/ID card), proof of address (utility bills, credit card statements for the last 3 months, etc.), and personal resume (especially proof of industry experience for local directors);

(3) Company Secretary's Information: The Singapore Companies Act requires the appointment of a company secretary, who must be provided with an appointment document;

(4) Proof of Registered Address: A real address in Singapore (either a commercial office address or a residential address, subject to consent, not a P.O. Box) must be provided for the receipt of government correspondence and legal documents.

4. Submission of applications for registration

Submit an application through ACRA's BizFile+ online registration system, filling in the company name, registered address, shareholder and director information, business scope, etc., and paying the registration fee at the same time. ACRA will issue a certificate of incorporation after approval. The whole process can be completed in 1-2 working days, or as soon as 1 day if the documents are complete.

5. Post-registration requirements

(1) Open a company bank account: choose a suitable bank and submit relevant documents for opening an account;

(2) Tax registration: complete tax registration within 1 month after successful registration to avoid late penalties;

(3) Apply for a business license: If you are involved in a regulated industry such as catering, finance, education, etc., you need to apply for a special license from the corresponding agency;

(4) GST (Goods and Services Tax) registration: If the company's annual turnover exceeds S$1 million, it is required to complete a GST registration, which is usually filed on a quarterly basis;

(5) Engagement of accountants: to assist in financial bookkeeping, tax filing and other compliance matters.

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Hi ~ I am the customer service of Enterprise Finance Group! We provide domestic (Shenzhen, Guangzhou, Shanghai, Beijing, Hangzhou, etc.) company registration, overseas (Hong Kong, the United States, Japan, the United Kingdom,Singaporean(Thailand, Viet Nam, etc.)Company RegistrationWe also provide Hong Kong identity application and renewal services, as well as cross-border tax planning, shareholding structure design, compliance and risk control programs, and other full chain of corporate services. Feel free to contact me at any time with your needs, Tel:16620947137, microsoft:Qicaiyingjituan(can be added by direct search)

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Four, 2026 Singapore company registration core conditions

According to the new policy in 2026, there are 4 core conditions that need to be fulfilled for the registration of a Singapore company, one of which is missing:

1. Conditions for shareholders: shareholders can be natural persons or legal persons, with no restrictions on nationality; the new policy relaxes the proportion of foreign ownership, and most industries can be 100% foreign ownership, with special restrictions only in sensitive industries. Shareholders are required to provide valid identification documents (passports/ID cards for natural persons, registration certificates for legal persons, etc.).

2. Directors: At least one local director (Singapore citizen, permanent resident or holder of a specific pass), aged 18 years or above, with relevant industry experience and professional knowledge, must provide proof of residential address and proof of experience; may additionally be equipped with a foreign director, who is required to provide passport and other identity documents.

3. Registered Address Requirement: Must have a local physical registered address in Singapore, not a P.O. Box, and must be able to properly receive government mail and legal notices.

4. Registered capital conditions: the minimum registered capital is S$1, with no maximum limitation, and no actual payment is required at the time of registration; shareholders may increase the registered capital according to their business needs, and the form of capital contribution may be in cash or in kind, which must be clearly stipulated in the articles of association.

5. Other conditions: A qualified company secretary must be appointed who is familiar with the Singapore Companies Act to ensure that the company operates in a compliant manner.

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Hi ~ I am the customer service of Enterprise Finance Group! We provide domestic (Shenzhen, Guangzhou, Shanghai, Beijing, Hangzhou, etc.) company registration, overseas (Hong Kong, the United States, Japan, the United Kingdom,Singaporean(Thailand, Viet Nam, etc.)Company RegistrationWe also provide Hong Kong identity application and renewal services, as well as cross-border tax planning, shareholding structure design, compliance and risk control programs, and other full chain of corporate services. Feel free to contact me at any time with your needs, Tel:16620947137, microsoft:Qicaiyingjituan(can be added by direct search)

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V. Breakdown of Singapore company registration fees in 2026

Singapore company registration fees are mainly divided into government mandatory fees and professional agent service fees, the specific details are as follows, the cost unit is SGD:

1. Fixed government fees

(1) Company Registration Fee: S$315 (inclusive of S$15 name approval fee), a fixed fee mandated by ACRA;

(2) Business License Fee (if applicable): varies from a few tens to a few thousands of SGD depending on the industry, e.g. the catering industry is required to apply for a license from the Food Authority of Singapore (FAS), and the fee is approved based on the size;

(3) Stamp duty (if applicable): not normally levied on the initial issue of shares in a new company, but at the rate of one or two per cent. of the value of the document if a transfer of equity is involved.

2. Costs of specialized agency services

(1) Company Secretarial Services Fee: Annual fee, ranging from S$500 - S$2,000, includes basic services such as document preparation, interfacing with ACRA, maintenance of statutory records, etc.; some agencies will offer a special package of 1-2 years of free secretarial services;

(2) Registered Address Service Fee: Annual fee of S$300 - S$1,000, depending on the location of the address (Central or Non-Central) and whether mail forwarding and scanning services are provided;

(3) Local nominee director's fee (if applicable): If the company does not have a qualified local director, it will need to appoint an agent to provide nominee services at an annual fee of S$2,000 - S$5,000, depending on the level of risk of the business, and the fee for nominee services provided by lawyers may be as high as S$8,000 - S$10,000;

(4) Agent Registration Service Fee: around S$1,500, which includes full process services such as data compilation, application submission and progress follow-up.

3. Follow-up operating costs

(1) Bank account opening fee: S$100-300, some banks may charge account management fee, transaction fee, etc;

(2) Accounting and Audit Fees: S$600 - S$5,000 per annum, depending on the size of the company and the complexity of the business, small exempted private companies may be exempted from auditing;

(3) Annual Audit Fee: Includes services such as filing of annual returns, and the fee is based on the agency's fee schedule.

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Hi ~ I am the customer service of Enterprise Finance Group! We provide domestic (Shenzhen, Guangzhou, Shanghai, Beijing, Hangzhou, etc.) company registration, overseas (Hong Kong, the United States, Japan, the United Kingdom,Singaporean(Thailand, Viet Nam, etc.)Company RegistrationWe also provide Hong Kong identity application and renewal services, as well as cross-border tax planning, shareholding structure design, compliance and risk control programs, and other full chain of corporate services. Feel free to contact me at any time with your needs, Tel:16620947137, microsoft:Qicaiyingjituan(can be added by direct search)

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Sixth, 2026 Singapore company bank account opening guidelines

After successful registration, the opening of a company bank account is a key step in the development of business, Singapore bank choices are varied, you need to understand clearly in advance account opening requirements:

1. Mainstream banking options and characteristics

(1) DBS Bank (DBS): Suitable for large corporations, supports multi-currency accounts and strong global account management capabilities, but the account opening threshold is high and requires an associated company or proof of high net worth;

(2) Oversea-Chinese Banking Corporation (OCBC): easy account opening process, support for remote account opening, detailed requirements for proof of business (contracts, invoices, etc. are required);

(3) United Overseas Bank (UOB): Startup friendly, low initial deposit requirement (around S$5,000), but requires face-to-face interview with local director;

(4) Standard Chartered Bank (Standard Chartered): support for remote account opening, suitable for multinational enterprises, but need to provide proof of associated companies or high assets;

(5) HSBC: perfect global service network, suitable for multinational enterprises, strict audit, need to provide a complete business plan.

2. Required information for opening an account

(1) Corporate documents: certificate of incorporation, business records, articles of incorporation, register of shareholders, resolution of the board of directors (indicating the decision to open an account);

(2) Director/shareholder information: passport copy, ID card, proof of address for the last 3 months (utility bill, lease contract, etc.), and CV;

(3) Proof of business: upstream and downstream contracts, invoices, quotation forms, business plans (sources and uses of funds need to be explained);

(4) Other materials: company structure chart, license of domestic affiliated companies (if any), personal water flow of the directors and shareholders in the last 3 months, phone bill, etc.

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Hi ~ I am the customer service of Enterprise Finance Group! We provide domestic (Shenzhen, Guangzhou, Shanghai, Beijing, Hangzhou, etc.) company registration, overseas (Hong Kong, the United States, Japan, the United Kingdom,Singaporean(Thailand, Viet Nam, etc.)Company RegistrationWe also provide Hong Kong identity application and renewal services, as well as cross-border tax planning, shareholding structure design, compliance and risk control programs, and other full chain of corporate services. Feel free to contact me at any time with your needs, Tel:16620947137, microsoft:Qicaiyingjituan(can be added by direct search)

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VII. Guide to avoiding pitfalls in Singapore company registration in 2026

To avoid dismissals, delays or losses during the registration process, focus on the following 3 core points:

1. Name selection to avoid pitfalls: Strictly comply with the name rules of the new policy, in addition to verifying the uniqueness of the words, it is also necessary to pay attention to whether the pronunciation and abbreviation are easy to confuse; avoid the use of sensitive vocabulary, infringing trademarks, or names that are contrary to public order and morals. It is recommended to check the name several times through ACRA's official website to ensure that the name is compliant and usable.

2. Preparation of information to avoid pitfalls: carefully check the accuracy and completeness of the information of shareholders and directors, especially the identification and address proofs of expatriates, as well as the documents proving the industry experience of local directors; ensure that the articles of incorporation and other documents comply with the requirements of the latest laws and regulations, so as to avoid the rejection of the application due to the lack of or discrepancy in the information.

3. Agencies to avoid pitfalls: choose a formal, professional agency, giving priority to checking its qualifications, reputation and service cases; clarify the content of the service package to avoid "low price traps" (such as hidden follow-up annual fees, service fees); sign a detailed service agreement, especially for local nominee director services, need to clarify the division of rights and responsibilities, to reduce the risk of compliance. You can screen reliable organizations by consulting peer companies and checking online reviews.

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Hi ~ I am the customer service of Enterprise Finance Group! We provide domestic (Shenzhen, Guangzhou, Shanghai, Beijing, Hangzhou, etc.) company registration, overseas (Hong Kong, the United States, Japan, the United Kingdom,Singaporean(Thailand, Viet Nam, etc.)Company RegistrationWe also provide Hong Kong identity application and renewal services, as well as cross-border tax planning, shareholding structure design, compliance and risk control programs, and other full chain of corporate services. Feel free to contact me at any time with your needs, Tel:16620947137, microsoft:Qicaiyingjituan(can be added by direct search)

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VIII. Popular FAQs for Singapore Company Registration in 2026

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Q1: What is the maximum percentage of foreign shareholders' ownership under the new 2026 policy?

A1: Most non-sensitive industries (e.g. trade, scientific and technological services, etc.) allow foreign shareholders to hold shares in 100%; sensitive industries such as finance and telecommunication are still subject to shareholding restrictions, which should be referred to the corresponding industry regulations.

Q2: How is the relevant industry experience of a local director defined?

A2: Work experience or professional knowledge related to the company's business scope is required. ACRA will comprehensively check resumes, work certificates, professional certificates and other documents during the audit. For example, local directors of information technology companies are required to have relevant experience in the IT industry.

Q3: How long does it take to register a Singapore company?

A3: The registration can be completed in 1-2 working days if the materials are complete and the name review is smooth; if the information needs to be supplemented or the name needs to be modified, the cycle may be extended to 1-2 weeks.

Q4: How long do I need to apply for tax registration after successful registration?

A4: It is required to complete the tax registration within 1 month after the establishment of the company, overdue may incur fines and affect the company's compliant operation.

Q5: What should I do if my registration application is rejected?

A5: ACRA will inform the specific reasons for the refusal of the visa, you need to supplement and modify the information according to the reasons (such as improving the proof of experience of the local director, adjusting the name of the company, etc.), and then re-submit the application after the modification is completed, and be sure to check carefully before submitting the application.

Q6: What are the restrictions for foreigners to register a Singapore company?

A6: In addition to shareholding restrictions in sensitive industries, the core restriction is the need to have one qualified local director; otherwise, there are no special restrictions, 100% shareholding, remote registration, and the overall business environment in Singapore is friendly to foreigners.

Q7: Do I need to provide my physical address when I use my ID card as proof of address for registration?

A7: Real residential address is required; if the residential address is the same as the address of the ID card, the ID card can be used directly as a proof; if it is not the same, it is necessary to provide the utility bills, credit card bills, telephone bills and other address documents in the last three months, which are also required to open an account.

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