S$1. A Singapore private limited company (Pte. Ltd.) can be set up with paid-up capital of S$1 and one share, and the capital can be denominated in currencies other than Singapore dollars, such as US dollars.
However, it is advisable to set the actual capital taking into account the size of the business, initial operating funds, corporate bank account opening and any plans to apply for an Employment Pass. Banks and MOM also look at the substance of the company's business, and the outcome depends on their assessment.
Capital can also be increased after incorporation by issuing new shares.
Lee Kim Alliance reviews a capital structure that suits your business plan as part of its company incorporation service.
As of November 2026
