Singapore Company Incorporation for Local Founders

Audit-Ready Books, Real-Time Insights- Expert Bookkeeping for Fast-Growing Startups & SMEs

Starting a Business in Singapore? We Make Incorporation Simple

As a Singapore citizen or permanent resident, you already hold one of the biggest advantages in company formation: you can act as your own local resident director. What stands between you and a registered company is the paperwork, the ACRA filings, and the compliance that begins the moment your company exists.

FACFO offers a complete, online incorporation service for local founders. We register your private limited company, prepare your constitution, appoint your corporate secretary, and keep you compliant from day one, so you can focus on building the business.

Your Gateway to Singapore Incorporation

FACFO gives local founders a fast, transparent route to a registered Singapore company. The process is fully online, and because you qualify as your own director, your structure stays simple.

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100% Digital Process

Complete your incorporation from your desk. We collect documents, run KYC, and file with ACRA without a single in-person meeting.

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Fast Registration

We aim for swift registration, typically within a few business days after all necessary information is provided and approved.

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No Nominee Director Needed

As a citizen or permanent resident, you meet the local director requirement yourself. That keeps your structure clean and your costs lower.

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Compliance Built In

Your corporate secretary, statutory registers, and annual filing obligations are handled, not left for you to sort out later.

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Transparent, all-inclusive pricing

Clear quotes with government fees stated up front. No hidden add-ons, no surprises at renewal.

Your Journey to Singapore Incorporation

We have broken company incorporation in Singapore into manageable stages, so you always know what happens next.

01
Initial Consultation

We start with your business, your shareholding plans, and your goals. We advise on the right structure, whether a private limited company suits you better than a sole proprietorship, and how to set your share capital.

02
Documentation & Compliance Preparation

You’ll submit required identification and business information through our secure online portal.

03
ACRA Registration

We prepare and file all necessary documents with ACRA for your company’s incorporation.

04
Company Kit Delivery

On approval, you receive your Certificate of Incorporation, business profile, and share certificates, all digitally.

05
Ongoing Support Activation

We activate your corporate secretary service and can extend into bookkeeping, tax filing, and management reporting as you grow.

Why Choose FACFO for Your Singapore Incorporation?

Many providers offer a standard package that looks the same in year five as it did on day one. We are a finance team whose support deepens as your company grows, from your first filing through to management reporting and CFO-level advice.

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A Finance-First Partner

FACFO is a management accounting and fractional CFO firm, not only a filing agent. Your company is set up by people who understand what comes after registration.

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End-to-End Solutions

From incorporation through bookkeeping, tax, and financial reporting, you have one team for the full lifecycle of your company.

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Commitment to Compliance

We track your deadlines, from annual returns to tax filing, and keep your company in good standing with both ACRA and IRAS.

Industries We Serve

FACFO understands that each industry faces different financial realities. Our experience spans several sectors, so the support you receive fits how your business actually operates.

We bring cross-industry best practices while tailoring solutions that match the unique realities of each sector.

David Somers
Founder, (Professional Services Firm)
“FACFO made incorporating our tech startup in Singapore incredibly straightforward. As a foreign founder, I was concerned about the complexities, but their digital process and clear communication were excellent. We were up and running in no time!”
Alex Nys
Founder, (Online Education)
"The team at FACFO provided invaluable support throughout our company registration. Their Nominee Director service and guidance on compliance were exactly what we needed. Highly recommended for any foreigner looking to establish a business in Singapore.”
Tim
Founder, (eCommerce Company)
“From initial inquiry to receiving our incorporation documents, FACFO's service was professional, efficient, and transparent. Their all-inclusive pricing meant no unexpected costs, and their support team was always responsive.”

Your Questions, Answered

Can I incorporate a company in Singapore as a citizen or permanent resident?

Yes. Singapore citizens and permanent residents aged 18 and above can register a company and act as its local resident director. You can be both the sole shareholder and the sole director if you wish.

No. The local resident director rule requires at least one director who is ordinarily resident in Singapore. As a citizen or permanent resident, you satisfy this yourself, so a nominee director is not required. If you are setting up from overseas, see our incorporation service for foreign entrepreneurs.

You need an approved company name, at least one shareholder, one local resident director, a registered Singapore office address, a corporate secretary service appointed within six months, and at least S$1 in paid-up capital. These requirements sit under the Companies Act 1967, administered by the Accounting and Corporate Regulatory Authority (ACRA).

Once your documents and KYC checks are complete, ACRA often approves straightforward applications within the same business day. Cases involving corporate shareholders or additional approvals can take longer.

A sole proprietorship is simpler to run but is not separate from you, so your personal assets are exposed. A private limited company is a separate legal entity with limited liability and access to corporate tax exemptions. Most founders planning to grow choose the private limited company. We will help you decide based on your plans.

Every Singapore company must file an annual return with ACRA, hold an annual general meeting where applicable, file Estimated Chargeable Income and a corporate tax return with the Inland Revenue Authority of Singapore (IRAS), and keep proper accounting records. If your taxable turnover exceeds S$1 million, GST registration becomes compulsory.

The headline corporate tax rate is 17%. Qualifying new companies may claim the Start-Up Tax Exemption for their first three consecutive years of assessment: 75% on the first S$100,000 of normal chargeable income, and a further 50% on the next S$100,000. Companies whose principal activity is investment holding, or property development for sale or investment, do not qualify, and shareholding conditions apply. Speak with the FACFO team to confirm your eligibility.