Incorporation for Foreigners
Private Limited Company
A Company Name (in English) ending with Private
Limited or its abbreviation, Pte Ltd. It cannot be
identical or similar to another business name or
existing trademark, or contain any offensive or
vulgar words, and requires ACRA approval.
At least 1 business activity in its business
profile, with a maximum of 2 business activities.
The Singapore Standard Industrial Classification
Code (SSIC) 2010 can be used to select the business
An initial paid-up capital of at least SGD
Additional capital can be injected any time after
A fiscal year period must be chosen, which can be
any time of the year.
1 to 50 shareholders. The shareholders can either be
an individual or another corporate entity, and the
shares are not made available to the general public.
100% local or foreign shareholding is allowed. A
shareholder can also be the director of the company.
Information relating to any individuals directly or
indirectly, solely or jointly holding a significant
(25%) control power in any classes of shares.
At least one Director who is an ordinarily resident in
Singapore aged 18 years and above. However, certain
individuals (e.g. bankrupts and persons convicted of
offences involving fraud or dishonesty) are disqualified
from holding director positions. Foreigners wishing to
act as the local director can apply for a valid work
pass. Alternatively VoPlus can provide a Nominee
Director to act as your local director.
Must appoint one Company Secretary within six months
of the date of its incorporation.
A registered office address in Singapore and cannot
be a P.O.Box.
Under the Home Office Scheme, HDB and private
property homeowners can conduct certain small-scale
businesses, such as consulting and design firms, in
their residency. Tenants need to obtain written
consent from the owner before applying for the
scheme (please visit URA's website for details).
Application for the Home Office Scheme can be made
either before or after the company registration with
Unless the company is a small entity, it must
appoint an auditor within 3 months from the date of
Under the Personal Data Protection Act 2012 (PDPA),
organisations are required to develop and implement
policies and practices that are necessary to meet
its obligations under the PDPA as well as designate
at least 1 individual as the data protection officer
(DPO) to oversee the data protection
responsibilities and ensure compliance with the
Select Packages / Services
fee & name
Free 5 ACRA
1 year limited
in ACRA for 1
Foreign Entrepreneur +
& name reserved
Free 5 ACRA
for 1 year
in ACRA for 6
Complimentary 1 Dependent
Preparation of Applications
Application status tracking
- Two times rejection appeal
Step 4 - Incorporation for Foreigners
Upon receiving your inquiry, we will send you a welcome email containing the following within 1 working day :
Online Incorporation Assistant Tool. Here is a Video to demonstrate using the tool.
- Online Incporation Form (inside the assistant tool)
- Online Price Quotation (inside the assistant tool)
Upon receipt of all required
and documents from you, we will conduct an
application completeness check within 1 working
Completed VO+ Company Incorporation
- NRIC / Passport (foreigners only)
Proof of residential address (applicable to
Corporate shareholder documents (applicable
if there is a corporate shareholder).
Within 1 working day after
requested documents, we will :
Ensure proposed company name is available in
Prepare a brief description of business
activities to be registered.
Prepare incorporation documents for signing
An approved business name will
for 60 days from the date of name
application. If you need more time to
register the company, you can extend the
reservation of the approved business name
for another 60 days.
If the name or activities of the company are
referred, this may take up to 14 days,
depending on the ministry to which it is
Based on your preference, we will send you the documents for e-signing or physical signing. Watch E-Sign Guide.
Upon confirmation and payment, we
will officially incorporate your company with the
authorities within 1 working day.
Incorporation application may take around 14
2 months if it is being referred by ACRA for
After incorporation, a corporate
kit will be
prepared for you within 1 working day,
- 2 copies of company profiles – Bizfile.
2 copies of company constitution (Memorandum
and Articles of Association).
1 photocopy of the first board meeting
- 1 company round stamp.
After the company is
incorporated, if a foreign
individual wishes to relocate to Singapore, we
can assist in applying for an Employment Pass.
After securing an Employment Pass, we can
convert you to a resident director in Singapore
(about 14 to 60 days for each application,
depending on the individuals).
Completed VO+ Employment Pass Application
Provide education certificates (Two highest
As we have good relationships
with the major
local/foreign banks in Singapore, such as OCBC,
UOB, DBS, Maybank, CIMB and Citibank, we can
help you with the opening of corporate bank
account at no additional charge. (2 to 3 working
days with prior appointment)
In most cases, the director of the company
needs to be physically present to open a
bank account in Singapore.
Please let us know your preferred choice of
bank and we will make an appointment with
the banker to avoid having to queue at the
Our staff will prepare all documents
required prior to the account opening and
send you the details of the minimum deposit
amount for the selected bank.
Check testimonials from
our satisfied clients
Yes! Service very good and prompt!
Had everything done in 30 minutes!
Director, RAHMAN KARIM & KARIM PTE LTD
All good and easy. Advice was always helpful & calls returned quickly
Logan Matthew Robert
Director, MATT LOGAN AND ASSOCIATES PTE LTD
I am very satisfied with the consultant’s service. They have helped me providing
me of clear and accurate information from basics on how to set up my business in
Singapore. I am a foreigner and to me this seems almost impossible, so having
this opportunity via this service makes me very happy. Thank you.
Caroline Luz Olivares Walker
Director, SYNAPSIS CONSULTING PTE LTD
The consultant & the team were attentive, patient to understand each and every
request. Once, we had a more information necessary email, the team worked more
than 200% to make sure the documents get submitted properly. Absolute delighted
to have the visa process done from VOPlus. Thanks.
Chawathe Amol Snehadeep
Director, FOUNTAIN TECHNOLOGIES PTE. LTD
I have used many corporate secretary services and I must say VoPlus Consulting
offers the best service one can ever ask for. The consultants are all very
knowledgeable helpful. With VoPlus I can run my business without having to worry
about any statutory or compliance related matters.
CEO, PLUSMARGIN PTE. LTD
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