Can a foreigner own 100% of a Singapore company?

Yes. Singapore does not restrict the nationality or residence of shareholders, so an individual living in Korea or a Korean parent company can hold 100% of a Singapore company.

However, separately from the shareholders, at least one of the directors must be locally resident in Singapore.

• Regulated industries such as finance: Regardless of the shareholding structure, you should first check the licensing requirements of the relevant authorities.

Lee Kim Alliance provides a nominee director service.

As of November 2026, source: ACRA