Any individual or business entity (local or foreign) may incorporate a Singapore company subject to the following basic requirements:
- Must have at least one shareholder. The shareholder can be a local or a foreign person. Bearer shares are not allowed.
- Must have at least one local director. A director must be a natural person and above 18 years of age.
- The shareholder and the director can be the same person.
- Must have a minimum paid-up capital of S$1.
- Must have a local registered address (P.O. Box not allowed)
- Must have a qualified company secretary. Sole shareholder and director cannot act as the company secretary.
- A name approval is required prior to company registration. Names must not be:
- identical or too similar to another business' name
- infringing upon registered trademarks or patents
- offensive or vulgar in any way
For more information, see Singapore Company Registration Guide.