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Divuzl

Answers

Doing business in Singapore — your questions answered.

Singapore essentials

Regulator
Accounting and Corporate Regulatory Authority (ACRA)
Most common structure
Private Limited Company (Pte Ltd)
Typical time to incorporate
1–3 working days
Minimum capital
S$1
Corporate tax
17% flat, with exemptions for new companies
Consumption tax
GST at 9%
Residency requirement
At least one Singapore-resident director
Currency
Singapore Dollar (S$, SGD)

Last reviewed 2026-08-18. Rates and thresholds change with each budget — we confirm the current position before advising.

Setting up and staying compliant in Singapore

Can a foreigner own 100% of a Singapore company?

Yes. Singapore allows full foreign ownership of a private limited company with no local shareholding requirement. The constraint sits on the board rather than the cap table: you need at least one director who is ordinarily resident in Singapore — a citizen, permanent resident, or holder of an eligible pass. Founders without a local counterpart typically use a nominee director service to satisfy this.

How long does incorporation in Singapore take?

Frequently one to three working days. Name approval through BizFile+ is often granted within an hour, and incorporation follows immediately once directors and the company secretary are in place. Applications that need referral to another government agency — because of a regulated activity or a sensitive name — can take a few weeks instead.

What is the corporate tax rate in Singapore?

A flat 17% on chargeable income. The effective rate is usually lower, because of partial tax exemption on the first S$200,000 of chargeable income and a separate start-up tax exemption available to qualifying new companies for their first three years of assessment. Singapore also operates a single-tier system, so dividends paid to shareholders are not taxed again.

When does my Singapore company need to register for GST?

Registration is compulsory once taxable turnover exceeds S$1 million over a 12-month period, or when you reasonably expect to cross it. The current rate is 9%. Voluntary registration below the threshold is possible and lets you claim input tax, but it commits you to staying registered for at least two years.

Do I need a company secretary in Singapore?

Yes, and this is not optional. Every Singapore company must appoint a qualified company secretary within six months of incorporation, and the role cannot be filled by the sole director. The secretary is responsible for statutory registers, board and shareholder meeting formalities, and ACRA filing deadlines.

About working with Divuzl

What does Divuzl actually do?

Divuzl is a full-stack business services agency: we handle company incorporation and compliance, brand and design, performance marketing and SEO, web and app development, and events and PR. The distinguishing point is scope — most agencies do one pillar and subcontract the rest, which is where deadlines and accountability get lost. We run all four in-house under a single point of contact.

Which countries does Divuzl operate in?

Six markets: India, the United States, the United Kingdom, Singapore, Australia and Europe. Each has different company structures, tax regimes and filing calendars, so we maintain separate practice knowledge per market rather than applying one country's playbook everywhere.

Do I have to buy all your services together?

No. Most clients start with one thing — an incorporation, a rebrand, a website — and add services as the business needs them. We will also tell you which services you do not need yet, which is usually the more useful half of the conversation.

How do you keep clients updated on work in progress?

Through the Divuzl Portal. Every project, approval, meeting, invoice and compliance deadline is visible in one dashboard in real time, so you are not chasing status over email. Clients get their own login from day one of an engagement.

How quickly do you respond to a new enquiry?

Within one working day. The first response is a real reply from someone who has read your enquiry, not an automated acknowledgement, and it will usually include the questions we need answered to scope the work properly.

How does pricing work?

Scope-based rather than hourly for defined projects, and retained monthly for ongoing work like marketing, bookkeeping and compliance. You get a written scope and a fixed price before anything starts. Statutory costs such as government filing fees are passed through at cost and shown separately.

Can you take over work another agency started?

Yes, and it is common — half-finished websites, lapsed filings, brand systems with no source files. We start with an audit of what actually exists rather than assuming the handover documentation is complete, then tell you honestly whether continuing or restarting is cheaper.

Still have a question?

Ask it directly. We reply within one working day, and we would rather answer a hard question early than discover the mismatch later.

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