Singapore
Company formation

Start a company in Singapore: complete guide 2026

Legal structures, corporate tax, setup costs, timelines and steps to launch your business in Singapore.

Corp tax

17 %

Reduced CT

N/A

Capital gains

0 %

VAT

9 %

Structures

3

Free zones

N/A

Tax overview

Key metrics for starting and running a company in Singapore. Find tax rates, available structures and tax incentives.

Available legal structures

3 structures in Singapore. Percentages are indicative; open a card for details.

Structure comparison

The 3 legal structures in Singapore at a glance.

StructureISReducedPart. exemp.
Private Limited (Pte Ltd)17 %8.5 %
Variable Capital Company (VCC)17 %0 %
Sole ProprietorshipN/A

Formation process

Costs, timelines and minimum capital for each structure in Singapore.

Key formation steps

Essential steps to incorporate your company in Singapore.

1

Choose a company name and check availability on BizFile+

2

Appoint a Singapore-resident director (nominee available)

3

Submit incorporation to ACRA (online)

4

Receive UEN (Unique Entity Number) in 1-2 days

5

Open corporate bank account (DBS, OCBC, UOB)

6

Register for GST if turnover > SGD 1M

* Information provided for guidance only and does not constitute legal or tax advice. Consult a professional for your situation in Singapore.