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Asia

Singapore

A global hub for finance and tech, Singapore offers fast incorporation, strong IP protection, and a transparent regulatory regime under ACRA.

Region

Asia

Capital

Singapore

Currency

SGD

Language

English

Setup time

1–3 days

Tax

Corporate tax 17%, partial exemptions for new companies

Company types

How businesses are typically structured in Singapore.

Private Limited Company (Pte Ltd)

Most common vehicle for startups and SMEs. Separate legal entity registered with ACRA.

Best for

Startups, foreign founders, holding structures

Capital

SGD 1 minimum

Liability

Limited to shares

Sole Proprietorship

Owned by one person; not a separate legal entity, so the owner bears full liability.

Best for

Local solo operators, freelancers

Liability

Unlimited

Limited Liability Partnership (LLP)

Partnership with the limited liability of a company; suited to professional services.

Best for

Law, accounting, consulting partnerships

Liability

Limited

Branch / Representative Office

Extension of a foreign parent; rep offices may not generate revenue.

Best for

Foreign companies testing the market

Visa pathways

The most relevant options for founders, employees, investors, and long-stay residents.

Employment Pass (EP)

Up to 2 years, renewable

Skilled professionals and executives sponsored by a Singapore employer.

Requirements

Min. salary SGD 5,000+, recognised qualifications, passes COMPASS framework

EntrePass

1 year initial, renewable

Foreign entrepreneurs launching innovative or VC-backed businesses.

Requirements

Funded, incubated, or owning IP-based venture

ONE Pass

5 years

Top-tier talent in business, arts, science, sports.

Requirements

Salary SGD 30,000+/month or outstanding achievements

Dependant's Pass

Tied to main pass

Spouse and children of EP/ONE Pass holders.

Requirements

Legal marriage, min. earnings threshold of sponsor

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