FAQ - Register your business in Singapore
1. What are the requirements for registering a company in Singapore?
There are none as long as a local entity assists you with the process.
2. Do I need to be in Singapore to register a company?
No.
3. What is the best legal structure to register a company in Singapore?
The quickest and most cost-effective option is to register a "Pte Ltd" company. This structure allows you to invoice without even needing to be present in Singapore.
4. How long does it take to register a company?
Registration is practically instantaneous for most companies.
5. What documents do I need to register a company in Singapore?
None. You will need to provide documentation when opening a bank account, though.
6. Is it necessary to be in Singapore to open a bank account?
No.
7. How long does it take to open a bank account?
About 2-3 weeks.
8. What documents are needed to open a bank account?
Several documents are required, depending on the bank, but they typically ask for a certified copy of the company's foreign incorporation registration, copies of passports of the major shareholders, etc.
9. Can I manage the bank account from outside Singapore?
Yes.
10. Once the company is registered, can I start hiring?
Yes.
At 3W Labs, we assist businesses and entrepreneurs in establishing themselves in Singapore in a straightforward and personalized manner, saving time and management costs.
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