Company Incorporation in Singapore (Locals): Step-by-Step Checklist
Incorporating a Singapore private limited company is straightforward when you prepare the right decisions and documents upfront. This checklist is written for Singaporeans and PRs who want speed and compliance, without missing the basics that cause rejections or delays.
1) Confirm your business model and shareholding
- Decide the shareholders (individuals and/or companies) and share split.
- Set an initial paid-up capital (many start with S$1–S$1,000; you can increase later).
- Agree who will be director(s) and authorised signatories.
2) Choose a company name (and avoid common rejection triggers)
Pick a clear name that matches your activity. Avoid regulated words unless you have supporting approvals. If you plan to operate under a brand name, consider trademark planning early.
3) Select SSIC codes
SSIC codes affect bank onboarding and compliance expectations. Choose codes that accurately represent your revenue-generating activities. If you are unsure, see our guide on SSIC code selection.
4) Decide registered office address
You need a Singapore registered office address. Ensure mail handling is reliable and that your registered office requirements are met. See Registered Office Address and our blog on ACRA registered office rules.
5) Appoint a company secretary (timeline matters)
A company must appoint a qualified company secretary within the statutory timeline. Build this into your incorporation plan. See Corporate Secretarial and requirements overview.
6) Prepare incorporation documents
- Directors/shareholders identity and address documents
- Company constitution (if applicable)
- Consent to act as director/secretary
7) Post-incorporation: bank account, tax, and compliance baseline
After incorporation, set up your corporate bank account, accounting system, and compliance calendar. For ongoing support, see Accounting & Taxation.
Common mistakes that delay incorporation
- Inaccurate SSIC selection
- Unreliable registered office arrangements
- Not planning for annual filing obligations
General information only; not legal or tax advice.