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Singapore Company Incorporation FAQs

Frequently Asked Questions about Singapore Company Formation

Can I own 100% of a Singapore company while living in Korea?


Yes, regardless of where they live, Korean residents can also own 100% of the shares of a Singapore company. However, at least one director must be a local resident of Singapore.

Shareholders have no nationality or residency requirement, so a single-shareholder company is also possible. If the shareholder also acts as a director, one more local resident director must be appointed.

  • Individual founder (living overseas): the founder becomes the 100% shareholder and director, and appoints a nominee director service (Nominee Director).
  • If you plan to move to Singapore: you can also obtain an Employment Pass after incorporation and become the local resident director yourself; whether the pass is issued depends on the review.

When a Korean resident invests in an overseas company, a report under Korean foreign exchange regulations may be required, so please check with your bank in advance.

Lee Kim Alliance provides a company incorporation service and a nominee director service.

As of November 2026, source: ACRA


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