What are the requirements for setting up a company in Singapore?

With at least one director (at least one of whom is locally resident), one shareholder, capital of S$1, a Singapore registered address and a company secretary, even foreigners can set up a Singapore private limited company (Pte. Ltd.).

• Directors: At least one, and at least one of them must meet the local residency requirement, for example as a Singapore citizen, permanent resident or Employment Pass holder.
• Shareholders: 1 to 50, and both individuals and corporate entities are allowed. There are no nationality or residency restrictions, so 100% foreign ownership is also possible.
• Capital: A minimum of S$1, with at least one share issued.
• Registered address: An address in Singapore is required.
• Company secretary: A locally resident individual must be appointed within 6 months of the date of incorporation.

You can check the items to prepare in the incorporation checklist, and Lee Kim Alliance provides a company incorporation service.

As of November 2026, source: ACRA