Written by Sneha, Corporate Secretary Lead Law graduate and member of CSIS & ICSI with 10+ years of advising experience on corporate governance, compliance, and company formation across multiple jurisdictions, including Hong Kong and Singapore. Last reviewed April 2026. |
If you've been comparing Singapore incorporation services, they start to look interchangeable. Every provider lists the nominee director, the company secretary, and the registered address. Pricing is close. Websites all say fast, remote, and hassle-free.
The real differences show up later: what the nominee director arrangement actually covers, what renewal costs in year two, whether anyone helps you open a business account after you incorporate, and who picks up the phone when something is off.
This guide compares 7 company incorporation services in Singapore that specifically support foreign founders who cannot self-register. For each one, I have looked at what is included in the first year, what you will actually pay at renewal, and what their post-incorporation support looks like.
Disclaimer:
Statrys operates in the same market as the providers reviewed in this guide, but we’ve made every effort to present accurate, evidence-based information for each provider.
The content is based on research conducted in March 2026, including a review of each provider’s official website, terms and conditions, and ACRA public records. Fees are taken from these sources and were accurate at the time of writing.
Quick Comparison
| Provider | Best For | Pricing |
|---|---|---|
| Statrys | Remote setup with an in-house multi-currency business account | SGD 3,500 (flat fee) |
| Osome | Digital-first compliance and bundled accounting | SGD 3,772 |
| Sleek | Mobile-first setup with bundled accounting | SGD 3,650 |
| Counto | Cost-conscious founders who want a lower entry price | SGD 2,300 |
| CorporateServices.com | Hands-on advisory + immigration support | SGD 3,100 to 3,345 |
| HeySara | App-led incorporation with flexible add-ons like bookkeeping service | SGD 2,988 |
| WealthBridge | Bundled bookkeeping and compliance at a lower price point | SGD 2,650 (or SGD 3,375 with bookkeeping service) |
📌Note: Fees are based on publicly available pricing as of March 2026. All prices shown are for foreign founder packages that include a one-year nominee director.
What Foreign Founders Must Know Before Choosing
There are 6 requirements that apply to every foreign founder setting up a company in Singapore: a local director, a licensed Corporate Service Provider (CSP), a company secretary, a registered address, ACRA registration, and a plan for your payments. Understanding each before choosing a provider prevents the most common post-incorporation issues.
1. You Need a Local Director
Under Section 145 of the Companies Act 1967, every Singapore company must have at least one director who is ordinarily resident in Singapore. For most foreign founders, that means a nominee director: a Singapore citizen, Permanent Resident, or qualifying holder who holds the directorship position on your behalf while you retain full ownership and control.
Many incorporation packages include a nominee director for the first year. However, renewal is usually not included. Annual fees typically range from SGD 2,000 to SGD 3,500, so it is important to confirm the renewal cost upfront before committing.
Nominee directors must be appointed through an Accounting and Corporate Regulatory Authority (ACRA)-registered corporate service provider. You cannot appoint a friend, personal contact, or business associate for this role.
📌Note: The penalty for non-compliance is a fine of up to SGD 50,000 and up to two years' imprisonment.
2. You Cannot Self-Register Using Bizfile
Bizfile is ACRA's online business registration portal. Accessing it requires Singapore Personal Access (SingPass), which is only available to Singapore residents.
If you are a foreign founder without Singapore residency, you cannot file directly. Your CSP registers the company on your behalf using their Corporate Pass (CorpPass) credentials. This is standard practice, but your incorporation timeline depends on your provider's internal turnaround, not just ACRA's.
3. The Company Secretary Is a Legal Obligation
Under the Companies Act, you must appoint a company secretary within 6 months of incorporation. The company secretary is not an administrative role but a compliance function: maintaining statutory records, managing ACRA filings, and keeping you current with legal obligations. Most packages include this for year one. Renewal typically runs SGD 500-1,000 per year.
4. Incorporation and Business Account Opening Are Two Separate Processes
Company registration and opening a business account are separate processes. Many entrepreneurs complete incorporation in under a week, but opening an account can take weeks or longer, depending on the bank and the business type.
Founders with cross-border business models, fintech-adjacent activities, or non-Singaporean shareholders often face longer bank review periods. Not all incorporation providers include support for opening a business account, so if this matters to you, ask about it before you sign with any provider.
5. You Should Budget for Recurring Costs From Year Two
In our experience advising foreign founders, year-two costs are one of the most common sources of frustration after incorporation. Renewal fees are often not clearly disclosed on provider websites, which can lead to unexpected expenses. It is important to confirm the full cost structure in advance before committing.
Year-two recurring costs to budget for:
- Nominee director annual renewal: SGD 2,000-3,500
- Company secretary annual renewal: SGD 500-1,000
- Registered business address annual renewal: SGD 300-800
- Annual return filing fee payable to ACRA: SGD 60
- Accounting and corporate tax filing: From SGD 1,500 per year, depending on transaction volume or annual revenue.

Relevant: Learn more about the Singapore corporate tax system.
1
Statrys: Best for Remote Setup + Business Account Support

Statrys is the only provider on this list that combines company incorporation, a multi-currency business account, and a pay-per-use accounting service under one roof. Many incorporation firms hand you off to a bank once the paperwork is done. Statrys stays involved: the incorporation package includes direct support for opening a Statrys multi-currency account, and founders who need bookkeeping can activate an accounting plan and pay only for the work done — there is no mandatory monthly retainer.
The pricing is flat at SGD 3,500, with no tiered plans or hidden add-ons. What you see is what you pay.
| Includes |
|
| Business account support | The package includes support for business account setup, with fast-track application for a Statrys multi-currency business account. |
| Accounting | Pay-per-use accounting plan available, priced based on monthly transaction volume. |
| Timeline | 5 business days |
| Pricing | SGD 3,500 flat (no hidden fees) |
✅Good if: You want one provider to handle incorporation, business account opening, and accounting–and you prefer to pay for accounting only for what you actually use.
📌Worth knowing: The flat SGD 3,500 may sit above some competitors, but it includes the in-house business account setup that others don’t. The pay-per-use accounting model works well for founders who want control over costs — you are not locked into a monthly plan you may not need in the early months.
2
Osome: Best for Digital-First Compliance + Accounting

Osome is a strong choice if you want compliance and accounting handled inside a single digital platform from day one. Their software handles incorporation, company secretarial work, bookkeeping, and tax filing in one interface, which reduces the coordination overhead of managing separate providers.
Their plan for foreigners includes a nominee director without requiring a security deposit, which is a practical advantage over providers that ask for a refundable deposit upfront.
| Includes | Incorporation, nominee director, registered address, bookkeeping, and tax filing. |
| Business account support | Support for business account setup, with connections to partners such as Airwallex, Aspire, and Wise. |
| Accounting | Included for the first year. After that, fees are based on annual revenue. |
| Timeline | 5 business days |
| Pricing | SGD 3,772 (with one-year nominee director) |
✅Good if: You want ongoing compliance, bookkeeping, and tax filing integrated from the start and prefer managing everything through a dashboard.
📌Worth knowing: If you only need incorporation and plan to manage accounting separately, the full compliance bundle may be more than you need right now.
3
Sleek: Best for Mobile-First Setup
Sleek is built for speed and simplicity. If you want to get started quickly and prefer managing the process through an app, Sleek offers a good mobile experience.
One condition to be aware of: Sleek requires founders who take their nominee director service to also sign up for accounting services. This is stated as a risk mitigation requirement. Factor that into the real total cost before comparing on headline price.
| Includes | Incorporation, nominee director, company secretary, registered address, and accounting service. |
| Business account support | Support for business account setup, including assistance with opening a Sleek business account. |
| Accounting | Included for the first year. After that, fees are based on annual expenses. |
| Timeline | 5 business days |
| Pricing | SGD 3,650 (with one-year nominee director) |
✅Good if: Speed and mobile UX are priorities and you intend to use their accounting bundle anyway.
📌Worth knowing: The accounting bundle requirement with a nominee director increases the real cost above the headline figure.
4
Counto: Best for Startup Founders + Automation

Counto is one of the more affordable options for foreign founders who need a nominee director included from the start. Their platform includes a compliance dashboard and bookkeeping automation tools alongside incorporation, which is useful if you want to keep ongoing admin costs low.
At SGD 2,300 for a foreigner plan including a nominee director, Counto is priced below most competitors on this list. The trade-off is that they offer bookkeeping and accounting tools as add-ons only.
| Includes | Incorporation, nominee director, registered address, compliance dashboard, and annual filings (plan dependent). |
| Business account support | Support for business account setup, with connections to partners such as Airwallex and OCBC. |
| Accounting | Optional. Annual fees are based on the number of transactions, starting from SGD 500. |
| Timeline | As fast as 3 business days |
| Pricing | SGD 2,300 |
✅Good if: You want an affordable incorporation package.
📌Worth knowing: Less established for banking introductions than others. Better suited to founders who do not need help with account opening.
5
CorporateServices.com: Best for Hands-On Advisory

CorporateServices.com operates a traditional corporate advisory model with real consultants walking you through the process. If you are also applying for an Employment Pass alongside your incorporation, they are one of the few providers on this list with dedicated immigration support.
EntrePass is a Singapore visa for foreign entrepreneurs who plan to set up and be physically based in Singapore. Employment Pass (EP) is for professionals taking up a specific job offer. If either applies to your situation, CorporateServices.com handles both alongside incorporation, which saves you from managing a separate immigration consultant.
| Includes | ACRA incorporation, nominee director or Employment Pass support, company secretary, and registered office address. |
| Business account support | Support for business account setup, with connections to traditional banks in Singapore. |
| Timeline | 4 business days |
| Pricing | SGD 3,100 to 3,345 (if GST applies) |
✅Good if: You prefer a traditional company registration service model with people guiding you.
📌Worth knowing:
- It is less digitally focused than other options.
- If you opt for an Employment Pass instead of a nominee director service, an additional fee of SGD 360 is charged to cover the government fees.
⚠️Important: Opening a business account with a traditional bank can take several weeks, as a physical visit may be required.
6
HeySara: Best for App-Led Setup

HeySara is designed for founders who want to manage the full incorporation process from their phone. The app-led workflow is one of the faster remote setups in this category, and the foreigner plan is a straightforward SGD 2,988.
The add-on menu is worth reviewing before you commit. A registered CBD (Central Business District) address, Employment Pass support, and bookkeeping are all priced separately. The headline figure does not include everything a foreign founder typically needs.
| Includes | Nominee director, registered address, company secretary, and company constitution. |
| Business account support | Support for business account setup, with connections to partners such as ANEXT Bank, Airwallex, Aspire, Wise, CIMB, OCBC, and UOB. |
| Optional add-ons |
|
| Timeline | Not specified on the website |
| Pricing | SGD 2,988 |
✅Good if: you want a mobile-first experience and speed is your priority.
📌Worth knowing: Premium features are add-ons. The real total depends on which add-ons your situation requires. Get a full quote before comparing against other providers.
7
WealthBridge: Best for Bundled Bookkeeping + Compliance

WealthBridge is a cost-effective option if you want bookkeeping and tax compliance bundled alongside incorporation. At SGD 2,650 for a foreign plan, it is one of the lower-priced options with a nominee director included.
One thing to confirm before signing: some WealthBridge nominee director arrangements come with a refundable security deposit requirement. Ask for the deposit amount in writing before committing.
| Includes | Nominee director, company secretarial services, registered address, and company stamp. |
| Business account support | Included in the package, but partner details are not specified on the website. |
| Optional add-ons |
|
| Timeline | Not specified on the website |
| Pricing | SGD 2,650 (with SGD 1,500 refundable deposit), or SGD 3,375 (with bookkeeping of up to 100 transactions per year) |
✅Good if: bookkeeping and tax compliance matter and you want a cost-effective all-in-one option.
📌Worth knowing: You need to deposit SGD 1,500 (refundable) upfront for nominee director service in the starter package.
How to Choose the Right Incorporation Service
Most providers on this list can get your company registered. The question is which one fits your specific situation. Three questions worth asking before you commit to any provider:
1
What Is Included vs Charged as Add-ons?
Not all packages are structured the same. Some providers include accounting, compliance tools, or support services in the base price, while others charge for them separately. Review what is included in year one and what becomes an add-on later to avoid unexpected costs.
2
What Is the Total Cost in Year Two?
Ask for nominee director renewal, secretarial fee, and registered address renewal as separate line items. The year-two total is often higher than the year-one incorporation fee once the incorporated cost is no longer included. A provider quoting SGD 2,300 in year one may cost SGD 5,000+ in year two if nominee director renewal is not disclosed upfront.
3
Do You Support Business Account Opening?
If you need a Singapore corporate bank account, ask directly whether the provider offers any banking introduction or support. Most do not. Knowing this early avoids the situation where you incorporate in three days and then spend four months trying to open a bank account separately.
Final Thought
Choosing the right incorporation service can make your setup process faster, smoother, and more compliant, especially if you're registering a company from overseas. The providers featured in this guide offer a range of packages to suit different business needs, from all-in-one solutions for foreign founders to streamlined services for local entrepreneurs.
By understanding what each provider includes and how they support remote onboarding, you’ll be in a better position to launch your company confidently and stay compliant from day one.
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FAQs
Do I need a nominee director to incorporate in Singapore as a foreigner?
Yes, unless you already hold a Singapore residency status, such as citizenship and permanent residency. Under the Companies Act, every Singapore company must have at least one director who is ordinarily resident in Singapore. If you do not qualify, a licensed CSP provides a nominee director on your behalf.





