BUSINESS REGISTRATIONIf you prefer low initial investment and simplicity in running the business, Business registration in Singapore as Sole Proprietorship or Partnership registration (at least 2 partners, and less than 20) are two of the better choices.
We specialize in Express Business Registration in Singapore services which takes around 30 mins and your business registration is completed. (Subjected to ACRA approval of Business Firm)
Sole Proprietorship Formation in Singapore This is suitable for individuals who want to do a Business in Singapore. Sole Proprietorship is subject to the Business Registration Act Cap 32 and is a simple process and subjected to less compliance matters & requirements.
All profits by the business belongs to the Sole Proprietorship, subjected to personal income tax and required to contribute to CPF Medisave based on profits declared with Inland Revenue of Singapore (Individual rates estimated between 6-8%).
Sole Proprietorship registration requires a Minimum of 1 Manager & 1 Owner in the business structure which will be the same person.(Can only be formed by Singaporean / Singapore Permanent Resident which is a Natural Person of Full Capacity & Age 18 Years or above.
Our Sole Proprietorship Formation package costs $168 includes:
Professional Fees for form the Sole Proprietorship (Package Price: S$21, Normal Price: S$30)
ACRA Incorporation fee (ACRA Fees including Company Profile, S$68)
Round Self-inking stamp (Price: S$19)
Months Domain (.com.sg or .sg) by SGNIC (Price: S$60)
Months Shared Fax worth S$60
Months Address worth S$60
Daily Mail Alert via Email
Shared Fax Number for 12 Months with minimum 12 Months Address Service Signup
Total Fees after Discount: S$168
If you only need our services solely to setup the Sole Proprietorship, Promotion Price: S$168
Information Required For Sole Proprietorship Formation:
2 Proposed Company Names
Principal Activities Description (Maximum of 2 activities)
Location of Registered Office –Our Office or your physical office
Manager cum Owner IC copy (Local)
Partnership Formation in Singapore Partnership Formation in Singapore is suitable for 2 or more persons, is subject to the Business Registration Act Cap 32 and regulated by the Partnership Act Cap 391. It is simple to form and subjected to less compliance & requirements. Partnership is subject to personal income tax from the business profits.
All profits by the business belongs to the Partners, subjected to personal income tax and required to contribute to CPF Medisave based on profits declared with Inland Revenue of SIngapore (Individual rates between 6-8%).
Partnership registration (at least 2 partners, and less than 20) requires a Minimum of 1 Manager to be Singaporean / Singapore Permanent Resident which is a Natural Person of Full Capacity & Age 18 Years or above & can have the option to be 100% foreign owned.