The official government fee to register a company in Singapore is SGD 315 (about ₹23,600), comprising SGD 15 for name reservation and SGD 300 for incorporation, payable to ACRA. However, the actual company registration fees in Singapore for an Indian entrepreneur typically range from SGD 3,000 to SGD 6,000+ (₹2.25–4.5 lakh) after adding the resident director, company secretary, registered address, and required filing-agent services.
Many Indian entrepreneurs choose Singapore for its business-friendly regulatory environment, strong financial infrastructure, global market access, and reputation as a regional business hub. Singapore also offers a stable legal system, straightforward company administration, and access to the wider Asia-Pacific market, making it attractive for businesses planning international expansion.
Key Takeaways
- ACRA charges SGD 315 for company registration: SGD 15 for name reservation and SGD 300 for incorporation.
- Indian founders typically spend SGD 3,000–6,000+ on the complete setup, including professional and local compliance services.
- A locally resident director is mandatory, and a nominee director can cost around SGD 1,200–3,000 annually, plus a refundable security deposit where applicable.
- Non-resident founders must use a registered filing agent, making professional incorporation fees an important part of the total cost.
- Annual compliance typically costs SGD 1,000–3,000+, covering accounting, tax filing, corporate secretarial services, and statutory filings.
Singapore Company Registration Cost at a Glance
The total cost of setting up a company in Singapore depends on the company’s structure, residency requirements, and professional services.
Here’s cost breakdown a glance:
| Expense | Cost (SGD) | Approx. INR* | What it covers |
| ACRA government fees | 315 | ₹23,625 | Name reservation + incorporation |
| Corporate service provider | 600–1,500 | ₹45,000–1,12,500 | Incorporation and corporate services |
| Nominee director, if required | 1,200–3,000 | ₹90,000–2,25,000 | Local resident director requirement |
| Company secretary | 300–800 | ₹22,500–60,000 | Statutory compliance support |
| Registered office | 200–600 | ₹15,000–45,000 | Singapore registered address |
| Bank account assistance | 0–500 | ₹0–37,500 | Optional account-opening support |
| Employment Pass, if applicable | 1,000–2,000 | ₹75,000–1,50,000 | Optional relocation/work-pass costs |
| Annual compliance | 1,000–3,000 | ₹75,000–2,25,000 | Accounting, filing and reporting |
How Much is the Company Registration Fee in Singapore? Complete Breakdown
The official fee for company registration in Singapore is SGD 315, comprising SGD 15 for name reservation and SGD 300 for incorporation. These are one-time statutory fees payable to the Accounting and Corporate Regulatory Authority (ACRA), excluding professional and ongoing compliance costs.
1. ACRA Name Reservation Fee
ACRA charges SGD 15 to reserve a proposed company name. Before approval, the name must:
- Differ from existing registered names.
- Avoid restricted or sensitive terms unless the required approval is obtained.
- Pass any additional review required for regulated or sensitive names.
2. Singapore Company Incorporation Fee
ACRA charges SGD 300 to register the company after approving its name. The application must include the required company details, including the registered office, directors, shareholders, and company secretary arrangements.
Therefore, the total statutory registration cost is:
SGD 15 (name reservation) + SGD 300 (incorporation) = SGD 315
Note: The SGD 315 fee only covers government charges. It does not include professional services or compliance costs. In most cases, you must pay this fee upfront, which is non-refundable once processed.
3. Optional ACRA Documents Beyond the SGD 315
Certain ACRA documents may involve additional charges after incorporation:
- Business Profile (BizFile company extract) – SGD 5.50: ACRA issues the electronic Certificate of Incorporation free of charge, but banks, regulators, and other institutions may request the Business Profile for account opening or verification.
- Certified copy of the Certificate of Incorporation – SGD 50 (only if needed): A certified copy may be required when an overseas bank, regulator, or other authority specifically requests one.
Note: Non-resident founders must engage a registered filing agent to incorporate a Singapore company. Therefore, Indian founders should also budget for professional service fees, which are separate from the SGD 315 in ACRA government fees.
Ongoing Annual Compliance Costs in Singapore
After incorporation, a Singapore company must meet recurring filing, accounting, tax, and corporate secretarial requirements. Typical annual compliance costs range from SGD 1,000 to SGD 3,000+, or about ₹75,000 to ₹2.25 lakh, depending on the company’s size, activity, and transaction volume.
- ACRA annual return: SGD 60 government filing fee, plus professional service charges where applicable.
- Financial statement preparation: Around SGD 500–1,500 for preparing the company’s financial statements.
- Corporate tax filing: Around SGD 300–800 for preparing and filing ECI and Form C-S/Form C with IRAS, where applicable.
- Company secretary: Around SGD 300–800 annually for statutory records and compliance support.
- Accounting and bookkeeping: Around SGD 500–2,000+ annually, depending on transaction volume.
- Registered office: Around SGD 200–600 annually when the company uses a virtual or third-party registered address.
Note: Additional costs may apply in specific situations. A nominee director can cost around SGD 1,200–3,000 annually where a resident director is required. A statutory audit may also add SGD 2,000 or more if the company does not qualify for the small-company audit exemption.
Hidden Costs of Company Registration in Singapore
Hidden costs may also apply during and after Singapore company incorporation. These typically include:
| Hidden Cost | Estimated Cost (SGD) | Approx. INR (₹75/SGD) | Description |
| Nominee Director Security Deposit | 1,000–5,000 | ₹75,000–3.75 lakh | Some providers collect a refundable deposit when appointing a nominee director. |
| Bank Minimum Balance | 1,000–10,000 | ₹75,000–7.5 lakh | Some corporate bank accounts require a minimum balance; this is not a fee. |
| GST Registration Support | 0–500 | ₹0–37,500 | GST registration itself is free, but professional assistance may incur a service fee. |
| Compliance Penalties | 300–5,000+ | ₹22,500–3.75 lakh+ | Late ACRA filings, tax submissions, or other compliance failures can trigger penalties. |
