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Singapore Pte Ltd, the resident-director rule explained

A Singapore private limited company, with the local resident-director requirement explained before you pay.

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Every Singapore company must have at least one director who is ordinarily resident in Singapore. Founders who do not live there need a nominee resident director; it is quoted on request, because it carries obligations we review case by case.

Incorporation with ACRA is quick once the director question is settled. The corporate tax rate is 17 %, with partial exemptions for new companies.

What you can order

Company formation

Review of the project and choice of the appropriate legal form, company name availability check, drafting of the articles and incorporation documents, filing with the competent registry and delivery of the complete company file: proof of registration, articles and corporate records.

€2,632one-off

Registered office — Level 1 registered address

The official address on the register, the one that appears on your articles and legal documents. Receipt of official mail and administrative notices. This is the legal minimum.

€799then €799 a year from the 2nd year

Bank account opening

Review of your profile and business activity, preparation of the account-opening file and supporting documents, introduction to institutions whose risk appetite matches your profile and handling of their compliance questions; opening remains subject to the bank's acceptance.

€2,872one-off

Accounting, returns and audit

Bookkeeping and organisation of supporting records, preparation and submission of periodic returns, preparation of the annual accounts, preparation and coordination of the audit where it is mandatory, with responses to requests from the authorities.

€1,432then €1,432 a year from the 2nd year

Prices excluding VAT (Swiss and Liechtenstein clients add Swiss VAT). Official fees included.

Key facts

Corporate tax17 % · partial exemptions for new companies
Typical time1–5 days
Share capitalSGD 1

Figures as published, with their sources, on aquasands.net.

How it works

  1. Order and pay online — Choose a line, pay by card; the invoice is issued at once.
  2. Identity check — We check the identity of the owners before any filing — it is the law.
  3. Filing and follow-up — We prepare, file and follow the file with the authority until it is granted.
  4. Your documents — Documents are delivered in your client space.

Questions

Who operates Lion City Setup?

Lion City Setup is a service of AquaSands Trading AG, a Swiss stock corporation (Aktiengesellschaft, AG), c/o Kaurum GmbH, Hasenbüelweg 32, 6300 Zug, Switzerland. Orders, invoices and contracts are with AquaSands Trading AG.

What is included in Company formation?

Review of the project and choice of the appropriate legal form, company name availability check, drafting of the articles and incorporation documents, filing with the competent registry and delivery of the complete company file: proof of registration, articles and corporate records.

What is included in Registered office — Level 1 registered address?

The official address on the register, the one that appears on your articles and legal documents. Receipt of official mail and administrative notices. This is the legal minimum.

What is included in Bank account opening?

Review of your profile and business activity, preparation of the account-opening file and supporting documents, introduction to institutions whose risk appetite matches your profile and handling of their compliance questions; opening remains subject to the bank's acceptance.

What is included in Accounting, returns and audit?

Bookkeeping and organisation of supporting records, preparation and submission of periodic returns, preparation of the annual accounts, preparation and coordination of the audit where it is mandatory, with responses to requests from the authorities.

Corporate tax?

17 % · partial exemptions for new companies

Typical time?

1–5 days

Share capital?

SGD 1

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