Can Indians Register & Own a 100% Company in Singapore? Complete 2026 Guide to Costs, Process & Requirements
If you’re an Indian entrepreneur asking Can Indians register & own a 100% company in Singapore?, the short answer is yes — and this 2026 guide will walk you through everything you need to know. Getting your Company Registration Singapore completed is one of the smartest business moves you can make, thanks to Singapore’s pro‑business policies, stable economy, and strategic location in Asia.
In this blog post, we’ll cover:
- Whether Indians can fully own a company in Singapore
- Costs involved in Company Incorporation Singapore
- Step‑by‑step process
- Legal and regulatory requirements
- What documents you need
- How asc group can help with Singapore Company Setup
Let’s dive in.
🇸🇬 Can Indians Own 100% Foreign Companies in Singapore?
Yes — Indians can register and own a 100% foreign‑owned company in Singapore. There are no nationality restrictions on owning a Singapore company, except in a few regulated industries (like finance, insurance, and media). For most business types, you can fully own, operate, and control your company as an Indian national.
Key facts:
- ❗ No citizenship requirement for shareholders
- ✔️ 100% foreign ownership allowed
- 👤 Only one resident director is required (details below)
This makes Singapore one of the friendliest destinations in the world for Indian investors intending to expand globally.
📌 What Are the Business Structures for Indians in Singapore?
When planning Company Registration Singapore, most Indians choose one of the following structures:
1. Private Limited Company (Pte Ltd)
The most popular choice for foreign entrepreneurs.
- Limited liability protection
- Separate legal entity
- Easy to raise funds
- Tax incentives and exemptions
2. Branch Office
For established companies in India with a Singapore arm.
- Not a separate legal entity
- Parent company liable for operations
3. Representative Office
Good for exploration or market research.
- Not allowed to generate direct revenue
- Short‑term only (usually up to 3 years)
For majority of entrepreneurs, a Private Limited Company is the ideal structure for Company Incorporation Singapore.
📊 Singapore Company Setup Requirements for Indians
To smoothly complete your Singapore Company Setup, you need to satisfy the following:
✅ Minimum Requirements
| Requirement | Details |
|---|---|
| Shareholders | At least 1 (Indian or foreign individual/legal entity) |
| Directors | At least 1 resident director (Singapore citizen, PR or Employment Pass holder) |
| Paid‑up Capital | Minimum SGD 1 (no upper limit) |
| Registered Address | Must be a physical address in Singapore |
| Company Secretary | A local secretary must be appointed within 6 months |
Resident Director: What It Means
Since Singapore mandates at least one local resident director, you have three options:
- Hire a Singapore resident (employee/director)
- Appoint a nominee director
- Use professional nominee director services (like asc group provides)
This is a common requirement and easily met with the right partner.
📝 Documents Required from Indian Applicants
For Company Registration Singapore, Indian owners will need to prepare the following documents:
✔️ Passport copy of shareholders and directors
✔️ Proof of residential address (utility bill or bank statement)
✔️ Business plan or description of business activities
✔️ Details of authorized share capital and share distribution
✔️ Consent to act as Director / Company Secretary
✔️ Registered office address in Singapore
Ensure translations are done if any document isn’t in English.
📋 Step‑by‑Step Process for Company Incorporation Singapore
Here’s the streamlined step‑by‑step for 2026:
1. Decide on Your Business Structure
Most Indians select a Private Limited Company for full liability protection.
2. Choose a Company Name
Your chosen name must be unique and approved by the Accounting and Corporate Regulatory Authority (ACRA).
3. Appoint Directors & Company Secretary
At least one must be a local resident — a service asc group can arrange quickly.
4. Prepare and File Documents with ACRA
Submit all required information via Singapore’s BizFile+ platform.
5. Pay Registration Fees
Once submitted, pay the applicable ACRA filing charges.
6. Receive the Company Incorporation Certificate
After processing (generally within 1 business day), you’ll receive your official certificate.
7. Open a Corporate Bank Account
Most banks will require in‑person verification, but this depends on the bank.
💰 Singapore Company Setup Costs (2026 Estimate)
Here’s a clear breakdown of typical costs for Company Registration Singapore:
| Item | Estimated Cost (SGD) |
|---|---|
| ACRA Registration Fee | ~$300 |
| Company Secretary Services | $300 – $900/year |
| Nominee Director (if needed) | $1,000 – $3,000/year |
| Registered Office Address | $100 – $300/year |
| Bank Account Opening | Often free; some banks charge fees |
| Legal / Advisory Fees | Variable |
🧠 Note: These are estimated figures and may vary based on service provider, complexity, and additional services you choose.
⚖️ Legal & Compliance Requirements (Annual)
After your Singapore company is registered, these compliance steps are mandatory:
📌 Annual Return Filing
Submit annual returns with ACRA.
📌 Corporate Tax Filing
Singapore’s fiscal year ends Dec 31. Companies must file taxes on time.
📌 Annual General Meeting (AGM)
Hold an AGM unless exempted.
📌 Financial Statements
Maintain & audit annual financials.
Missing these can result in penalties — a trusted partner like asc group ensures everything stays compliant.
🏦 Corporate Bank Account Setup
After Company Incorporation Singapore, you’ll typically open a corporate bank account.
Popular choices include DBS, OCBC, UOB, and international banks like Standard Chartered.
Banks may request:
- Personal presence of directors
- Business plan
- Proof of company incorporation
- Shareholder details
Professional corporate services like asc group can guide you through this and even coordinate interviews if needed.
📈 Advantages of Incorporating in Singapore
Here’s why Indians choose Singapore Company Setup:
✔ Low corporate tax (effective rates can be as low as 8.5%)
✔ No tax on capital gains
✔ Double taxation agreements with India
✔ Strategic location for Asia‑Pacific markets
✔ Strong reputation & ease of doing business
✔ World‑class legal & banking infrastructure
It’s clear why Singapore continues to be a top destination for global founders.
🚀 How asc group Assists in Your Singapore Business Journey
Setting up your business in a foreign country can be complex — but you don’t have to do it alone. asc group specializes in Singapore Company Setup and provides end‑to‑end support:
📌 Services Provided by asc group
- Company name approval and registration
- Resident director / nominee director services
- Company secretary and compliance support
- Registered office address solutions
- Corporate bank account assistance
- Accounting, payroll, and tax filing services
- Post‑incorporation support
💡 Why Choose asc group?
✔ Expertise in Singapore Company Incorporation
✔ Tailored solutions for Indian founders
✔ Fast turnaround and transparent pricing
✔ Dedicated support from start to finish
Whether you’re a first‑time entrepreneur or a serial founder, asc group helps you focus on your business while they handle the technical work.
🧠 Final Words: Is Company Registration in Singapore Right for You?
If your goal is to expand internationally, enjoy tax benefits, and enter the global market, then Company Registration Singapore is an excellent choice for Indian entrepreneurs. With streamlined processes, affordable costs, and supportive regulations, Singapore is an ideal destination for incorporation.
With experienced partners like asc group, the entire journey — from registration to compliance — becomes easier, smoother, and faster.
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