5 Best Company Incorporation Services in Singapore in 2024

Starting a business in Singapore is an exciting opportunity for global entrepreneurs. But before you can hit the ground running, there’s one essential step: registering your business with the Accounting and Corporate Regulatory Authority (ACRA). 

For foreigners without a Singpass, engaging a professionally qualified filing agent isn’t just helpful, but it’s a legal requirement. The right incorporation service can simplify the process, ensuring you meet all obligations, start your journey on the right foot, and fully benefit from what Singapore has to offer.

Whether you’re launching your first business or expanding operations, here’s a look at five of the top-ranked company incorporation services in Singapore to get your company up and running effortlessly. 

Statrys, established in 2019, is a Hong Kong-based payment service provider that expanded its operations to Singapore in 2024, offering tailored company incorporation services for entrepreneurs looking to establish a presence in the country. 

With a fully online process, Statrys provides essential support for business registration while ensuring compliance with Singapore’s strict regulations. Additionally, it offers multi-currency business accounts, enabling newly formed companies to efficiently manage funds across various currencies. This all-in-one approach simplifies the company incorporation process and helps businesses become operational quickly and seamlessly.

Statrys Key Services

Statrys offers an all-in-one Singapore company registration package, which includes the following: 

Incorporation Services

• Registering the company name and filing for incorporation with ACRA
• Provision of Certificate of Incorporation and Business Profile
• Company Seal
• Company Constitution
• Preparation of pre and post-incorporation documents
• A local nominee director for one year, with annual renewal

Company Secretary Services

• Provision of company secretarial services for one year
• Annual return filing with ACRA for each calendar year
• Holding an Annual General Meeting (AGM) within 6 months after the financial year-end (FYE) and filing the annual return within one month after the AGM
• Maintenance of statutory records
• Preparation of AGM documents
• 24/7 online access to all statutory and compliance records in one place

Registered Address in Singapore

• Registered office address for one year with annual renewal
• Scanning and forwarding of mail

Statrys also assists in finding the best accounting firm to manage your company’s accounting and bookkeeping needs. Simply share your requirements, and they will get quotes from various accounting firms for you to choose from. 

Statrys Fees

Statrys offers a single package for company incorporation at a fixed price of SGD 3,500, which is approximately equivalent to EUR 2,390. Government fees included.

The package includes all the essentials required to incorporate a company in Singapore, including incorporation services, company secretary services, and a registered address.

Statrys Pros and Cons

Statrys is Best For

Foreign entrepreneurs, SMEs, and those who prefer completing company incorporation and business account opening entirely online will find Statrys an excellent choice. Their all-in-one, fast-track solution covers everything from company registration to compliance requirements, ensuring a straightforward and hassle-free process.

CorporateServices.com offers a range of professional services for Singapore private limited companies through their online platform, including company registration, tax filing, bookkeeping, payroll management, and assistance with employment passes and visas.

The company offers end-to-end solutions, from business registration to ongoing operational support, with its immigration service expertise making it ideal for companies planning to establish a physical presence in Singapore.

CorporateServices.com Key Services

CorporateServices.com offers 3 types of Singapore company incorporation packages for different needs, including the following:

Foreigner Package (for foreign companies and business owners)

• Incorporation services, including registration with ACRA, advice on business structure, and preparation of necessary documents.
• Nominee resident director for 1 year or assistance with the application for an Employment Pass
• Corporate secretary for 1 year
• Registered company address
• Assistance with business bank account opening

Local Package (for Singapore citizens and permanent residents of Singapore)

• Incorporation services
• Corporate secretary for 1 year
• Assistance with corporate bank account opening
• Optional registered office address for 1 year

Transfer Package (for existing companies)

• Transfer tasks, including review of company documents and lodging of necessary documents with ACRA.
• Corporate secretary for 1 year
• Optional services include employment pass application, local director nominee, and accounting and tax filing. 

CorporateServices.com Fees

CorporateServices.com offers different pricing for each package. The Foreigner Package is SGD 4,315, the Local Package is SGD 2,000, and the Transfer Package is SGD 1,500. However, they often provide promotional pricing as well. 

CorporateServices.com Pros and Cons

CorporateServices.com is Best For

Established businesses with larger budgets seeking end-to-end solutions for company incorporation and operational support in Singapore, especially those planning to set up a physical office and requiring immigration assistance.

Counto is a Singaporean corporate service provider that was launched in 2020. Specialising in accounting services, including accounting and tax filing packages for IRAS compliance, the company also offers company secretary and registration services, catering to startups and small businesses. 

The company leverages AI technology in its accounting services, enabling greater accuracy and automating bill payments. This service is either included in or available as an add-on to the company incorporation packages.

Counto Key Services

Counto offers 3 types of company incorporation packages, with higher tiers providing additional features.

IncorpLite

• Company setup
• Free Company Secretary Standard plan included for businesses with one shareholder
• Optional add-on for a registered office address with mail scanning service
• Counto AI Software and Support (including automated change requests on Counto's AI.Corpsec, automated bill payments, and support via phone, chat, WhatsApp, and email)

Incorp++

• Company setup
• Free Company Secretary Standard plan included for businesses with one shareholder
• Annual Reporting plan for first-year revenue up to SGD 50,000, including annual bookkeeping of unlimited transactions and IRAS Form C-S tax filing
• Counto AI Software and Support.

Foreigner 

• Company registration with a resident nominee director and a registered mailing address
• Free Company Secretary Standard plan included for businesses with one shareholder
• Assistance with bank account opening
• Annual compliance and filings, including unaudited financial statements, a multi-currency bookkeeping and accounting services add-on, and an XBRL Filing add-on for companies with a corporate shareholder
• Counto AI Software and Support.

Counto Fees

Each of Counto’s company incorporation packages has a base price, with optional add-ons available for purchase.

Counto Pros and Cons

Counto is Best For

Startups and small businesses seeking affordable, AI-driven solutions for compliance and accounting. Counto’s technology streamlines processes, making them ideal for companies seeking in-house accounting and compliance solutions all in one place. 

Founded in 2019, HeySara provides a wide range of services for SMEs in Singapore, including company incorporation, corporate secretarial support, and immigration and  HR solutions. In 2023, the company expanded to Malaysia, offering similar business solutions to support companies in establishing a presence and managing their business activities in the region.

HeySara Key Services

HeySara offers two separate company formation services for Singaporean Citizens or permanent Residents (PRs) and Foreigners. Both offer the option of self-service digital incorporation or assistance from a chartered secretary.

Quick Starter Package for Singaporean

• Company registration service
• Digital secretary package (12 months)
• 1st RORC registration (for online incorporation clients only)
• CorpPass registration (if needed)

Digital Package For Foreigners

• Company registration service, including business advisory and filing of registrable controller
• 12-month company secretary package
• CorpPass registration
• Registered office address
• Nominee director 
• Optional monthly bookkeeping add-on

HeySara Plus Package For Foreigners

• Company registration service and 12-month company secretary package
• CorpPass registration
• Registered office address
• Nominee director
• Optional monthly bookkeeping add-on
• Dedicated Relationship Manager with priority service and faster turnaround time
• Additional support channels (face-to-face and WhatsApp)
• Flexible workspace access

HeySara Fees

HeySara's fees vary depending on the selected package. They often offer promotional pricing for a limited time, so it’s best to check their website for the most current information.

HeySara Pros and Cons

HeySara is Best For

Entrepreneurs and SMEs who prefer a fully digital approach to the company incorporation process in Singapore. Their packages are particularly ideal for those seeking flexibility, efficiency, and tailored services for foreign businesses, including nominee director services and local regulatory support.

WealthBridge Corporate Service offers a range of solutions and outsourced services for companies tailored for SMEs in Singapore. Their professional team is experienced in helping businesses across various sectors and industries. 

In addition to company incorporation services, WealthBridge also offers accounting and bookkeeping packages, with add-ons for GST registration and compliance, as well as personal and corporate tax advisory to maximise tax incentives and returns.

WealthBridge Key Services

WealthBridge offers several company incorporation packages tailored for both local Singaporeans and foreigners, including the following:

Standard Plan for Locals

• Company incorporation, including company name registration
• Corporate Constitution (Memorandum and Articles of Association)
• Unlimited number of shareholders
• ACRA Business Profile, including the Unique Entity Number (UEN)
• Corporate Secretary

Basic All-in Incorporation for Foreigners

• Company name registration
• Corporate Constitution
• E-Notice of incorporation and ACRA Business Profile
• Corporate Secretary
• Nominee director
• Registered address
• Assistance of 1 bank account opening
• Company stamp

Premium All-in Incorporation for Foreigners

• Company name registration
• Corporate Constitution
• E-Notice of incorporation and ACRA Business Profile
• Corporate Secretary
• Nominee director
• Registered address
• Assistance of 1 bank account opening
• Company stamp
• Annual management report
• Annual bookkeeping for up to 100 transactions per year
• 30-day free Xero trial

WealthBridge Fees

WealthBridge offers different pricing for its plans. For locals, the packages range from SGD 350 (Basic) and SGD 600 (Standard) to SGD 1,100 (Advance).

For foreigners, the Basic All-in Incorporation package is priced at SGD 2,650, while the Premium package costs SGD 3,150. WealthBridge also offers other add-ons, such as monthly payroll services for SGD 20 per person.

WealthBridge Pros and Cons

WealthBridge is Best For

Local SMEs and foreign entrepreneurs seeking comprehensive company incorporation services bundled with additional support for accounting, tax advisory, and compliance, especially those in industries that can benefit from tax incentives.

Choosing the right company incorporation service provider is a critical step for setting up your business in Singapore. Here are the key factors to help you make an informed decision. 

While all-in-one service providers may come at a higher cost, they simplify your operations by consolidating everything in one place. If you choose a provider that only handles basic incorporation without additional services like corporate secretary support, you might need to engage multiple service providers later. This can lead to poor communication, increased costs, and missed deadlines for compliance filings, putting your business at risk of penalties.

When choosing a corporate service provider, research online reviews and testimonials on platforms like Google Reviews and Trustpilot. Look for a service provider with consistently positive and recent reviews. Also, check that they hold the necessary licences to operate and maintain partnerships with reputable organisations.

Ignoring the provider’s reputation or failing to check client feedback could mean partnering with a company with a history of poor service or unreliable practices, potentially damaging your credibility with regulators and clients.

Transparency, especially in the pricing structure, is crucial. Choose a provider with clear communication on fees, including what's covered and excluded in different packages, and essential add-ons like a registered address or nominee director services. Without this clarity, hidden fees can quickly strain your budget, especially during your company’s crucial early stages. 

Customer support availability is essential for handling unique business challenges. Ensure your chosen provider offers customer service through preferred channels, such as Phone or email, and has reasonable response times. Ongoing assistance, before, during, and after the process, is crucial for maintaining and growing your business. Poor communication or inadequate support can leave you in the dark about critical steps in the incorporation process. 

Prioritising experience and expertise ensures your business setup is handled professionally. Experienced providers are familiar with Singapore’s complex regulatory framework, reducing the likelihood of errors or delays in filing crucial documents. 

For foreign entrepreneurs, working with experts can simplify processes like obtaining immigration passes such as the Employment Pass and EntrePass, ensuring legal compliance and facilitating relocation or hiring. Without this expertise, you risk missteps that could stall your operations and lead to costly setbacks.

You might be wondering why it’s better to pay for a service instead of doing everything by yourself.

To put it simply, although Singapore offers a streamlined digital company registration process via BizFile+, it requires a SingPass, which is unavailable to foreigners or non-residents. As a result, they must engage a registered filing agent to complete the registration.

Additionally, using a Singapore company incorporation service ensures a smooth, compliant, and efficient process for establishing your business in one of Asia's leading financial hubs. These services can help with:

• Time Efficiency: Dealing with paperwork and local rules can be time-consuming, especially when you are unfamiliar with the registration process.. Professional services can speed things up with their expertise. 
• Error Reduction: Doing everything yourself might lead to mistakes that cause delays or legal problems. Incorporation services have experienced professionals who are able to guide you to adhere to rules properly.
• Cost Savings: While incorporation services have upfront costs, they can save you money in the long run by avoiding mistakes that may lead to fines or legal troubles. These services also often bundle essentials like company secretary and compliance filings, reducing the need to outsource these tasks separately, which could increase your expenses.
• Faster Business Launch: With professionals managing the paperwork in compliance with Singapore's Companies Act and relevant regulations, you can launch your business sooner, freeing up your time to focus on other critical aspects.

Choosing the right company incorporation service provider can make all the difference in setting up your business efficiently and successfully. With tailored packages and professional expertise, these providers simplify the complex process of registration and compliance, allowing you to focus on other critical aspects of running your business. Whether you’re a local SME or a foreign entrepreneur, investing in a reliable service ensures you meet all legal obligations while saving valuable time and resources.