Private Limited (Pte Ltd) – 100% Foreign Ownership, 100% Opportunity
Singapore ranks among the world’s top business destinations — known for its political stability, pro-business policies, zero corruption tolerance, and world-class infrastructure. It’s the perfect launchpad for companies targeting Asia-Pacific and global markets.
Foreigners and locals can incorporate a Private Limited Company (Pte Ltd) in Singapore with ease. The structure offers liability protection, tax incentives, and full foreign ownership.
Private Limited Company (Pte Ltd)
The most common and preferred structure for businesses in Singapore. It’s scalable, trusted globally, and offers access to Singapore’s extensive network of trade agreements and tax treaties.
Advantages:
- 100% foreign ownership allowed
- Separate legal entity with limited liability for shareholders
- Low corporate tax rates (17% maximum, effective rates often lower with incentives)
- No minimum paid-up capital beyond SGD 1
- Attractive to investors, banks, and global partners
- Access to Singapore work passes (Employment Pass/EntrePass)
- Tax incentives for startups (partial tax exemption on first SGD 200,000 of profits)
Why Set Up a Business in Singapore?
- Asia’s financial, tech, and logistics hub
- Ranked top globally for ease of doing business
- 75+ double taxation treaties
- Transparent regulatory and legal systems
- No dividend tax or capital gains tax
- Efficient and digital incorporation processes (1–3 days)
- Robust IP protection and contract enforcement
Our Services
At Lapras Business Consultants (LBC), we guide you through every step — from choosing the right jurisdiction and business structure to managing documentation, registration, licensing, and compliance.
Your global business journey starts here — with clarity, efficiency, and the expert support of LBC. Let’s build it right, wherever you choose to grow.
01
Company Formation & Structuring
- Company Name Reservation with ACRA
- Private Limited Company Incorporation
- Company Constitution Drafting
- Share Certificate Issuance
- Registered Office Address Service
- Appointment of Local Director (Nominee Director service available for foreigners)
- Company Secretary Appointment (mandatory under Singapore law)
- Initial Resolutions and Company Registers
02
Tax & Regulatory Registrations
- IRAS Corporate Tax Registration
- Goods and Services Tax (GST) Registration (if required)
- Customs Registration for import/export businesses
- CPF (Central Provident Fund) Employer Setup (if hiring employees)
- Business License Applications (industry-specific)
03
Accounting & Compliance
- Bookkeeping and Financial Statements Preparation
- XBRL Filing (where applicable)
- Corporate Tax Filing (Form C/C-S)
- Estimated Chargeable Income (ECI) Filing
- GST Return Filing
- Payroll and CPF Contributions Processing
- Annual General Meeting (AGM) and Annual Return Filing
04
Ongoing Advisory & Support
- Nominee Director & Company Secretary Compliance
- Shareholder Agreement Drafting
- Employment Pass / EntrePass Application Assistance
- Trademark Registration Support
- Bank Account Opening Coordination
- Business Structuring for International Tax Efficiency
Frequently Asked Questions
Can a foreigner own 100% of a Singapore company?
Yes. Singapore allows full foreign ownership of a Pte Ltd company. However, at least one director must be a Singapore resident (citizen, PR, or Employment Pass holder). LBC offers Nominee Director services to satisfy this requirement.
Do I need to visit Singapore to incorporate?
No. Company incorporation and bank account setup can often be done remotely, though some banks may request a physical presence for KYC. LBC helps coordinate these steps efficiently.
Why choose a Private Limited Company over other structures?
A Pte Ltd offers limited liability, credibility, access to grants, and tax benefits. Alternatives like sole proprietorships or partnerships don’t provide personal liability protection or the same tax advantages.
What are Singapore’s key tax benefits for startups?
- 75% tax exemption on first SGD 100,000 of chargeable income (for first 3 years)
- 50% exemption on the next SGD 100,000
- No tax on dividends distributed to shareholders
- No capital gains tax
What support does LBC provide?
LBC delivers end-to-end incorporation solutions — from structuring advice and company setup to regulatory filings, nominee director services, accounting, and immigration support for founders and key staff.
Incorporate in Singapore — Securely, Smartly, Successfully.
With LBC, your Singapore business setup is efficient, compliant, and ready for growth.
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