{"id":8224,"date":"2026-03-14T11:51:22","date_gmt":"2026-03-14T11:51:22","guid":{"rendered":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/contactone.com.sg\/?post_type=resources&#038;p=8224"},"modified":"2026-05-27T16:33:49","modified_gmt":"2026-05-27T08:33:49","slug":"how-much-does-it-really-cost-to-start-a-company-in-singapore","status":"publish","type":"resources","link":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/contactone.com.sg\/resources\/how-much-does-it-really-cost-to-start-a-company-in-singapore\/","title":{"rendered":"How Much Does It Really Cost to Start a Company in Singapore?"},"content":{"rendered":"<p><!-- ============================================================\nContactOne \u2014 \"How Much Does It Really Cost to Start a Company?\"\nPASTE-READY for WordPress Classic Editor (HTML view) or\nElementor \u2192 HTML widget.\nNo <html><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span>\/<head>\/<body> tags \u2014 Elementor\/WordPress provides those.\nFonts (Poppins) and base colours matched to contactone.com.sg.\n============================================================ --><\/p>\n<style>\n.c1-article {<br \/>  font-family: 'Poppins', sans-serif;<br \/>  color: #333333;<br \/>  font-size: 15px;<br \/>  line-height: 1.8;<br \/>  max-width: 860px;<br \/>  margin: 0 auto;<br \/>}<\/p>\n<p>\/* \u2500\u2500 BREADCRUMB \u2500\u2500 *\/<br \/>.c1-article .c1-breadcrumb {<br \/>  font-size: 13px;<br \/>  color: #888;<br \/>  margin-bottom: 28px;<br \/>}<br \/>.c1-article .c1-breadcrumb a {<br \/>  color: #e8572a;<br \/>  text-decoration: none;<br \/>}<br \/>.c1-article .c1-breadcrumb a:hover { text-decoration: underline; 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}<br \/>  .c1-cta { padding: 24px 18px; }<br \/>  .c1-summary-total { flex-direction: column; text-align: center; gap: 4px; }<br \/>}<br \/><\/style>\n<div class=\"c1-article\">\n<hr \/>\n<h6 class=\"c1-meta\">By The ContactOne Team \u00a0\u00b7\u00a0 Updated 14th March 2026 \u00b7\u00a0 10 min read<\/h6>\n<p>&nbsp;<\/p>\n<p>You&#8217;ve got the idea. You&#8217;ve got the drive. You&#8217;ve told your parents, your spouse, and possibly your cat. Now you&#8217;re Googling &#8220;how to start a company in Singapore&#8221; and the first thing you see is: <strong>&#8220;Register a Pte Ltd from $300.&#8221;<\/strong><\/p>\n<p>And you think&#8230; brilliant, that&#8217;s cheaper than a month of kopi-o and bubble tea combined. I can do this.<\/p>\n<p>You can. But let&#8217;s be completely honest with each other: $300 is just the appetiser. The full meal has a few more courses, and some of them aren&#8217;t on the menu. This guide breaks down the <em>real, nothing-hidden<\/em> cost of getting a company off the ground in Singapore, so you walk in with eyes open and wallet appropriately prepared.<\/p>\n<p>&nbsp;<\/p>\n<div class=\"c1-callout\">\n<blockquote>\n<div class=\"c1-callout-label\"><strong>Note<\/strong><\/div>\n<p><strong>All figures are in Singapore dollars and reflect typical market rates as at 2025. Costs vary by business type and structure. This guide covers a typical local Pte Ltd with one to two founders.<\/strong><\/p><\/blockquote>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-8276\" src=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/contactone.com.sg\/wp-content\/uploads\/2026\/03\/C1-Post-1-True-Cost-Web.jpg\" alt=\"How Much Does It Cost to Start a Company\" width=\"768\" height=\"768\" srcset=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/contactone.com.sg\/wp-content\/uploads\/2026\/03\/C1-Post-1-True-Cost-Web.jpg 1024w, https:\/\/glutenfreepleasure.com\/__proxy_domain\/contactone.com.sg\/wp-content\/uploads\/2026\/03\/C1-Post-1-True-Cost-Web-300x300.jpg 300w, https:\/\/glutenfreepleasure.com\/__proxy_domain\/contactone.com.sg\/wp-content\/uploads\/2026\/03\/C1-Post-1-True-Cost-Web-150x150.jpg 150w, https:\/\/glutenfreepleasure.com\/__proxy_domain\/contactone.com.sg\/wp-content\/uploads\/2026\/03\/C1-Post-1-True-Cost-Web-768x768.jpg 768w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/p>\n<p>&nbsp;<\/p>\n<div class=\"c1-article\">\n<h2 style=\"font-size: 24px; font-weight: bold;\">Part 1: The Costs You Know About (And Probably Underestimate)<\/h2>\n<h3 style=\"font-size: 18px; font-weight: bold;\">Company Registration with ACRA<\/h3>\n<p>To incorporate a Private Limited Company (Pte Ltd) in Singapore, you file with ACRA, the Accounting and Corporate Regulatory Authority. The government filing fee is <strong>$315<\/strong>. That&#8217;s the number everyone quotes.<\/p>\n<p>But ACRA doesn&#8217;t do your paperwork for you. You&#8217;ll need a registered filing agent to prepare your incorporation documents, Constitution of the comapany, submit your application, and make sure everything is correct. A good Corporate Service Provider bundles all of this, ACRA fees, preparation, and filing, for <strong>$600 to $800<\/strong> as an all-in package.<\/p>\n<p>&nbsp;<\/p>\n<blockquote><p><strong>Pro tip<\/strong>: don&#8217;t try to DIY this on BizFile+ unless you genuinely enjoy reading government portals at midnight. The forms are manageable, but one wrong entry in your constitution or share structure can cause headaches for years.<\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<h3 style=\"font-size: 18px; font-weight: bold;\">Paid-Up Capital<\/h3>\n<p>Singapore law requires a minimum paid-up capital of just <strong>$1<\/strong>. One. Single. Dollar. So technically, you can start a company with a coin from your pocket.<\/p>\n<p>However banks don&#8217;t love this. When you apply for a corporate bank account, they look at paid-up capital as a signal of seriousness. Most founders start with <strong>$1,000 to $10,000<\/strong> in paid-up capital. This isn&#8217;t a fee. It&#8217;s your own money going into the company account, but it is real cash you need to set aside from day one.<\/p>\n<p>&nbsp;<\/p>\n<div class=\"c1-callout c1-warn\">\n<blockquote>\n<div class=\"c1-callout-label\"><strong>Common Misconception<\/strong><\/div>\n<p>Paid-up capital is not a deposit paid to the government. It&#8217;s your own money that goes into the company&#8217;s bank account. You can use it for business expenses but you cannot simply withdraw it without any proper business or remuneration decisions.<\/p>\n<p>&nbsp;<\/p><\/blockquote>\n<\/div>\n<p>&nbsp;<\/p>\n<h3 style=\"font-size: 18px; font-weight: bold;\">Company Secretary<\/h3>\n<p>Under the Companies Act, every Singapore Pte Ltd must appoint a Company Secretary within <strong>six months<\/strong> of incorporation. This is not optional, and you cannot appoint yourself if you are the sole director.<\/p>\n<p>A Company Secretary handles your annual returns, AGM documentation, statutory registers, board resolutions, and ACRA filings. Budget <strong>$280 to $600 per year<\/strong> for a basic corporate secretarial package from a licensed CSP.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"font-size: 18px; font-weight: bold;\">Registered Address<\/h3>\n<p>Your company must have a registered address in Singapore from day one, and it becomes <em>public record<\/em> on ACRA. You can use your home address, but that means anyone searching your company on BizFile+ can find where you live. A registered address service typically costs <strong>$120 to $300 per year<\/strong> and is often bundled with secretarial packages.<\/p>\n<p>&nbsp;<\/p>\n<div class=\"c1-table-wrap\">\n<table class=\"c1-table\">\n<thead>\n<tr>\n<th>Item<\/th>\n<th>Typical Cost<\/th>\n<th>Notes<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Company registration (all-in)<\/td>\n<td class=\"c1-cost\">$600 \u2013 $800<\/td>\n<td class=\"c1-note\">Includes ACRA fees and CSP preparation<\/td>\n<\/tr>\n<tr>\n<td>Paid-up capital<\/td>\n<td class=\"c1-cost\">$1 \u2013 $10,000<\/td>\n<td class=\"c1-note\">Your money; goes into the company account<\/td>\n<\/tr>\n<tr>\n<td>Company secretary (Year 1)<\/td>\n<td class=\"c1-cost\">$280 \u2013 $600<\/td>\n<td class=\"c1-note\">Mandatory within 6 months of incorporation<\/td>\n<\/tr>\n<tr>\n<td>Registered address (Year 1)<\/td>\n<td class=\"c1-cost\">$120 \u2013 $300<\/td>\n<td class=\"c1-note\">Often bundled with secretarial packages<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<\/div>\n<blockquote>\n<div class=\"c1-pullquote\">The ACRA fee is $315. The total cost of getting properly set up is closer to $1,500 (including money injected into the company bank account) before you&#8217;ve made your first dollar.<\/div>\n<\/blockquote>\n<\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div>\n<hr \/>\n<\/div>\n<div class=\"c1-article\">\n<p>&nbsp;<\/p>\n<h2 style=\"font-size: 24px; font-weight: bold;\">Part 2: The Costs You Forgot About<\/h2>\n<h3 style=\"font-size: 18px; font-weight: bold;\">Corporate Bank Account<\/h3>\n<p>You cannot run a business from your personal bank account&#8230; well, technically you can, but your accountant will cry, IRAS will be confused, and you&#8217;ll spend years untangling personal from business finances.<\/p>\n<p>Opening a corporate account in Singapore sounds simple. It is not. DBS, OCBC, and UOB have all tightened KYC requirements significantly since 2020. Approval is not 100% guaranteed and can take two to six weeks. Don&#8217;t worry, if you are clean&#8230; you are good! Most traditional SME corporate accounts require a minimum balance of <strong>$1,000 to $10,000<\/strong>, fall below that and you&#8217;ll pay monthly fall below fees of $15 to $50. Of course you can avoid fall below fees entirely if you sign up for alternative digital bank accounts or something like the DBS Business Multi-Currency<br \/>\nAccount Starter Bundle which comes with a fee of $10\/month.<\/p>\n<p>Digital business accounts (Aspire, Airwallex) are easier to open and have lower minimums, useful as a secondary account while your main bank account processes.<\/p>\n<p>It is important to make sure the bank account you choose can fulfill all the banking requirements you need. For example, if GIRO, FAST transfer or corporate Paynow is crucial to you, except for the big 3, do make sure the alternative banking solutions you choose support these methods.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"font-size: 18px; font-weight: bold;\">Accounting and Tax Services<\/h3>\n<p>Here&#8217;s what blindsides more new founders than almost anything else: <strong>your company must file taxes even if it made zero revenue.<\/strong><\/p>\n<p>IRAS requires you to file an Estimated Chargeable Income (ECI) within three months of your financial year-end, and a full corporate tax return annually. Miss these deadlines and penalties start at $200 and escalate. Basic accounting, drafting of financial statements and tax filing for a small company costs approximately <strong>$700 to $1,500 per year<\/strong>. If you do your own bookkeeping using Xero or QuickBooks, add $30 to $80 per month for the software. The actual amount will largely depend on whether you want to outsource the bookkeeping function or to do it yourself.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"font-size: 18px; font-weight: bold;\">Business Licences and Permits<\/h3>\n<p>Depending on your industry, you may need additional licences before you can legally operate, and many founders discover this uncomfortably close to their launch date. Food businesses need SFA licences; financial advisory businesses need MAS licensing; employment agencies need MOM approval. Costs range from a few hundred to several thousand dollars, plus processing time that can stretch to months.<\/p>\n<p>&nbsp;<\/p>\n<div class=\"c1-callout c1-tip\">\n<blockquote>\n<div class=\"c1-callout-label\"><strong>Good News<\/strong><\/div>\n<p>Singapore has excellent startup support schemes. The Startup SG Founder grant offers up to $50,000 in co-funding for first-time entrepreneurs. The Enterprise Development Grant (EDG) and SkillsFuture Enterprise Credit can offset significant costs. But eligibility depends on your company structure&#8230; another reason to get your setup right from day one.<\/p>\n<p>&nbsp;<\/p><\/blockquote>\n<\/div>\n<p>&nbsp;<\/p>\n<h3 style=\"font-size: 18px; font-weight: bold;\">Business Insurance<\/h3>\n<p>Not legally mandatory for most businesses, but operating without cover is a gamble. Professional indemnity insurance for a small consultancy starts at around <strong>$800 to $2,000 per year<\/strong>, depending on industry and coverage. The nature of your business will be the most important factor in deciding how critical is business insurance to you and your business.<\/p>\n<p>&nbsp;<\/p>\n<div class=\"c1-table-wrap\">\n<table class=\"c1-table\">\n<thead>\n<tr>\n<th>Item<\/th>\n<th>Typical Cost<\/th>\n<th>Notes<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Corporate bank account (min. balance)<\/td>\n<td class=\"c1-cost\">$1,000 \u2013 $10,000<\/td>\n<td class=\"c1-note\">Varies by bank; required to avoid monthly fees<\/td>\n<\/tr>\n<tr>\n<td>Accounting &amp; tax services (Year 1)<\/td>\n<td class=\"c1-cost\">$700 \u2013 $1,500<\/td>\n<td class=\"c1-note\">Basic package for a small company<\/td>\n<\/tr>\n<tr>\n<td>Accounting software<\/td>\n<td class=\"c1-cost\">$360 \u2013 $1000\/yr<\/td>\n<td class=\"c1-note\">Xero, QuickBooks, etc.<\/td>\n<\/tr>\n<tr>\n<td>Business licences<\/td>\n<td class=\"c1-cost\">$0 \u2013 $5,000+<\/td>\n<td class=\"c1-note\">Highly industry-dependent<\/td>\n<\/tr>\n<tr>\n<td>Business insurance<\/td>\n<td class=\"c1-cost\">$800 \u2013 $2,000\/yr<\/td>\n<td class=\"c1-note\">Professional indemnity, public liability<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<hr \/>\n<div class=\"c1-article\">\n<p>&nbsp;<\/p>\n<h2 style=\"font-size: 24px; font-weight: bold;\">Part 3: The Operational Reality<\/h2>\n<h3 style=\"font-size: 18px; font-weight: bold;\">Your Office or Workspace<\/h3>\n<p>This is your biggest variable cost. The options honestly:<\/p>\n<p><strong>Work from home:<\/strong> Free forever after paying a one time $20 fee. You can apply for the Home Office Scheme through URA for private homes or HDB for flats. If you are renting, check your tenancy agreement first; some leases prohibit commercial activity.<\/p>\n<p><strong>Co-working space:<\/strong> Hot-desking at JustCo, WeWork, or The Work Project runs <strong>$200 to $500 per month<\/strong>. A dedicated desk is $600 to $1,200. A private office for two to four people starts around $2,000 per month.<\/p>\n<p><strong>Traditional office:<\/strong> Budget $4 to $12 per square foot per month for office units. A modest 400 sq ft space runs $1,600 to $4,800 monthly, plus two to three months&#8217; deposit and renovation costs.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"font-size: 18px; font-weight: bold;\">Technology and Tools<\/h3>\n<p>Modern businesses run on subscriptions. A realistic tally for a small service business: Microsoft 365 or Google Workspace at $12 to $20 per user monthly; a basic website at $200 to $500 to set up and $100 to $300 annually to maintain; video conferencing and project management tools at $50 to $150 per month combined.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"font-size: 18px; font-weight: bold;\">Your Own Salary<\/h3>\n<p>One of the most common mistakes first-time founders make is not factoring in their own income needs during the startup phase. If you&#8217;re leaving employment, you need personal runway to cover living expenses for at least six to twelve months. In Singapore, personal living costs run roughly <strong>$2,500 to $5,000 per month<\/strong> depending on lifestyle and dependents.<\/p>\n<p>&nbsp;<\/p>\n<div class=\"c1-callout c1-warn\">\n<blockquote>\n<div class=\"c1-callout-label\"><strong>The Founder Salary Trap<\/strong><\/div>\n<p>Paying yourself too little causes burnout. Paying yourself too much too early can drain the company before it&#8217;s stable. Decide on a modest-but-liveable director&#8217;s salary from month one, account for it in your cashflow projections, and revisit quarterly as revenue grows.<\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<\/div>\n<h3 style=\"font-size: 18px; font-weight: bold;\">Marketing and Customer Acquisition<\/h3>\n<p>How will people find you? Whatever the answer, be it Google Ads, LinkedIn, networking, referrals&#8230; it has a cost. For a local service business, budget at minimum <strong>$500 to $2,000 per month<\/strong> on marketing to see meaningful results within Year 1. A professional website that doesn&#8217;t look like it was built in 2009 costs $2,000 to $8,000 from a competent developer.<\/p>\n<p>&nbsp;<\/p>\n<div class=\"c1-table-wrap\">\n<table class=\"c1-table\">\n<thead>\n<tr>\n<th>Item<\/th>\n<th>Typical Cost (Year 1)<\/th>\n<th>Notes<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Co-working space (12 months)<\/td>\n<td class=\"c1-cost\">$2,400 \u2013 $14,400<\/td>\n<td class=\"c1-note\">Hot desk to private office<\/td>\n<\/tr>\n<tr>\n<td>Technology &amp; subscriptions<\/td>\n<td class=\"c1-cost\">$2,000 \u2013 $5,000<\/td>\n<td class=\"c1-note\">Email, cloud tools, software<\/td>\n<\/tr>\n<tr>\n<td>Website development<\/td>\n<td class=\"c1-cost\">$2,000 \u2013 $8,000<\/td>\n<td class=\"c1-note\">One-time; add hosting and maintenance ongoing<\/td>\n<\/tr>\n<tr>\n<td>Marketing (modest)<\/td>\n<td class=\"c1-cost\">$6,000 \u2013 $24,000<\/td>\n<td class=\"c1-note\">$500\u2013$2,000\/month depending on channels<\/td>\n<\/tr>\n<tr>\n<td>Business insurance<\/td>\n<td class=\"c1-cost\">$800 \u2013 $2,000<\/td>\n<td class=\"c1-note\">Professional indemnity, public liability<\/td>\n<\/tr>\n<tr>\n<td>Personal runway (6 months)<\/td>\n<td class=\"c1-cost\">$15,000 \u2013 $30,000<\/td>\n<td class=\"c1-note\">Personal living costs while business ramps up<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<hr \/>\n<div class=\"c1-article\">\n<p>&nbsp;<\/p>\n<h2 style=\"font-size: 24px; font-weight: bold;\">The Full Picture: Year 1 Cost Summary<\/h2>\n<p>Here&#8217;s a realistic Year 1 total for a typical solo or two-founder service business in Singapore, operating lean but professionally:<\/p>\n<div class=\"c1-summary\">\n<h3 style=\"font-size: 18px; font-weight: bold;\">Year 1 Cost Estimate &#8211; Lean Service Business<\/h3>\n<table class=\"c1-summary-table\" style=\"height: 305px;\" width=\"489\">\n<tbody>\n<tr>\n<td>Incorporation (all-in)<\/td>\n<td class=\"st-amount\">$600 \u2013 $800<\/td>\n<\/tr>\n<tr>\n<td>Company secretary + registered address<\/td>\n<td class=\"st-amount\">$120 \u2013 $900<\/td>\n<\/tr>\n<tr>\n<td>Accounting, tax filing + software<\/td>\n<td class=\"st-amount\">$700 \u2013 $2,500<\/td>\n<\/tr>\n<tr>\n<td>Corporate bank account (min. balance)<\/td>\n<td class=\"st-amount\">$1,000 \u2013 $5,000<\/td>\n<\/tr>\n<tr>\n<td>Workspace (co-working, 12 months)<\/td>\n<td class=\"st-amount\">$2,400 \u2013 $14,400<\/td>\n<\/tr>\n<tr>\n<td>Technology &amp; tools<\/td>\n<td class=\"st-amount\">$2,000 \u2013 $5,000<\/td>\n<\/tr>\n<tr>\n<td>Website<\/td>\n<td class=\"st-amount\">$2,000 \u2013 $8,000<\/td>\n<\/tr>\n<tr>\n<td>Marketing (modest)<\/td>\n<td class=\"st-amount\">$6,000 \u2013 $12,000<\/td>\n<\/tr>\n<tr>\n<td>Insurance<\/td>\n<td class=\"st-amount\">$800 \u2013 $2,000<\/td>\n<\/tr>\n<tr>\n<td>Paid-up capital (your money, not a fee)<\/td>\n<td class=\"st-amount\">$1,000 \u2013 $5,000<\/td>\n<\/tr>\n<tr>\n<td><strong>Estimated Total for Year 1<\/strong><\/td>\n<td class=\"st-amount\"><strong>$5,000 \u2013 $55,000<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<\/div>\n<p>That&#8217;s a wide range because businesses vary enormously. At the leanest end, working from home, minimal marketing spend, doing your own bookkeeping, creating your own website, using the most basic tech tools, you could come in under $5,000. At the more structured end, proper office, active marketing, full professional support, you&#8217;re looking at $40,000 to $55,000 before you pay yourself a single dollar.<\/p>\n<\/div>\n<p>&nbsp;<\/p>\n<hr \/>\n<div class=\"c1-article\">\n<p>&nbsp;<\/p>\n<h2 style=\"font-size: 24px; font-weight: bold;\">Key Takeaways<\/h2>\n<h3 style=\"font-size: 18px; font-weight: bold;\">Have at Least 12 Months of Runway<\/h3>\n<p>Before you incorporate, add up your estimated business costs for 12 months, plus personal living costs for 6 to 12 months. That total is your minimum starting capital. Starting underfunded is one of the most common and most avoidable reasons small businesses fail.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"font-size: 18px; font-weight: bold;\">Don&#8217;t Optimise for the Wrong Number<\/h3>\n<p>Saving on corporate compliance by wanting to do them yourself may not be the cheapest option in the long run. A missed annual return costs $300 in penalties. A missed tax return may trigger an estimated tax assessment on your business income and other associated composition fees. Prolonged non filings can cost thousands in fines, penalties and professional fees to fix. Spend wisely on professional support, the compliance costs are small relative to your total expenditure, but the consequences of getting them wrong are disproportionately large.<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"font-size: 18px; font-weight: bold;\">What You Actually Need to Get Started<\/h3>\n<ul class=\"c1-checklist\">\n<li>NRIC \/ passport of all directors and shareholders<\/li>\n<li>Proposed company name (have 2\u20133 options ready)<\/li>\n<li>Intended business activities (SSIC code)<\/li>\n<li>Shareholding structure (who owns what percentage)<\/li>\n<li>Registered address (or sign up for a service)<\/li>\n<li>Company secretary appointed within 6 months<\/li>\n<li>Corporate bank account<\/li>\n<li>Basic accounting arrangement in place before first transaction<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<div class=\"c1-callout c1-tip\">\n<blockquote>\n<div class=\"c1-callout-label\"><strong>The Good News<\/strong><\/div>\n<p>Singapore is genuinely one of the best places in the world to start a business. Company formation takes as little as one to two hours once your documents are in order. The corporate tax rate is a flat 17%, with startup exemptions that can bring your effective rate close to zero in your first 3 years. The costs are real but they&#8217;re also very manageable when you know what&#8217;s coming.<\/p>\n<p>&nbsp;<\/p><\/blockquote>\n<\/div>\n<p><!-- CTA --><\/p>\n<div style=\"background: #fff7f4; border: 1px solid #f5cfc4; border-radius: 10px; padding: 32px 36px; text-align: center; margin: 44px 0 20px;\">\n<h2 style=\"font-size: 24px; color: #1a1a2e; margin: 0 0 8px; font-weight: bold;\">Ready to Take the First Step?<\/h2>\n<p style=\"color: #555; font-size: 14px; margin: 0 0 20px;\">ContactOne has helped over 10,000 entrepreneurs incorporate their companies since 2009. Our all-in packages start from $600. Transparent pricing, no hidden fees.<\/p>\n<table style=\"margin: 0 auto; border-collapse: collapse; border: 0; background: transparent;\">\n<tbody>\n<tr>\n<td style=\"padding: 0 6px 0 0; border: 0; background: transparent;\"><a style=\"display: inline-block; background: #e8572a; color: #ffffff; padding: 11px 26px; border-radius: 6px; text-decoration: none; font-weight: bold; font-size: 14px; font-family: 'Poppins',sans-serif; line-height: 1; border: 0;\" href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/contactone.com.sg\/services\/company-registration\/\"><br \/>\nIncorporate My Company<br \/>\n<\/a><\/td>\n<td style=\"padding: 0 0 0 6px; border: 0; background: transparent;\"><a style=\"display: inline-block; background: #ffffff; color: #e8572a; padding: 10px 26px; border-radius: 6px; text-decoration: none; font-weight: bold; font-size: 14px; font-family: &#039;Poppins&#039;,sans-serif; border: 1.5px solid #e8572a; line-height: 1;\" href=\"https:\/\/api.whatsapp.com\/send?phone=6586663633\" target=\"_blank\" rel=\"noopener\"><br \/>\nChat on WhatsApp<br \/>\n<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p><!-- end .c1-article --><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>By The ContactOne Team \u00a0\u00b7\u00a0 Updated 14th March 2026 \u00b7\u00a0 10 min read &nbsp; You&#8217;ve got the idea. You&#8217;ve got the drive. You&#8217;ve told your parents, your spouse, and possibly your cat. Now you&#8217;re Googling &#8220;how to start a company in Singapore&#8221; and the first thing you see is: &#8220;Register a Pte Ltd from $300.&#8221; [&hellip;]<\/p>\n","protected":false},"featured_media":8276,"parent":0,"menu_order":6,"template":"","category-resources":[150],"class_list":["post-8224","resources","type-resources","status-publish","has-post-thumbnail","hentry","category-resources-company-start-up-guide"],"acf":[],"_links":{"self":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/contactone.com.sg\/wp-json\/wp\/v2\/resources\/8224","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/contactone.com.sg\/wp-json\/wp\/v2\/resources"}],"about":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/contactone.com.sg\/wp-json\/wp\/v2\/types\/resources"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/contactone.com.sg\/wp-json\/wp\/v2\/media\/8276"}],"wp:attachment":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/contactone.com.sg\/wp-json\/wp\/v2\/media?parent=8224"}],"wp:term":[{"taxonomy":"category-resources","embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/contactone.com.sg\/wp-json\/wp\/v2\/category-resources?post=8224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}