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You are here: Home / Archives for Company Incorporation

FAQs: Singapore Company Incorporation

Here are the basic questions and answers you need to know before forming a company in Singapore.


How long does it take to set up a Singapore company?

Once we have the completed documents, it takes 1-2 hours to incorporate the company. Learn how you register a company in Singapore

How do I register my Branch Office with the Accounting And Corporate Regulatory Authority (ACRA)?

There is a two-step process to register with the Accounting And Corporate Regulatory Authority (ACRA): The name of your branch office has to be

Can I open a multi-currency corporate bank account?

Yes, most banks in Singapore will allow you to open multi-currency accounts or different accounts for different currencies.

Can one person or a company own all the company shares? How many shareholders must a company have?

Yes, the Singapore Companies Act allows for a minimum of one individual or corporate shareholder. A Singapore Company may be registered with only one

Can the corporate bank account be opened before the company is setup?

The bank account can only be opened once the company has been incorporated. With Rikvin’s company formation services, we will prepare the necessary

Do I need to be a shareholder to apply for an Entrepreneur Pass (EntrePass)?

No at the point of application, but you will need to hold at least 30% shares in the company by Year 2.

Does a Singapore Branch Office need to appoint a Company Secretary?

You do not need a Company Secretary for a Singapore Branch Office. However, it is highly recommended to engage a corporate secretarial service

How to increase the paid-up capital after incorporation? How do I do so?

Yes you can. It is a fairly simple process and involves the following steps: Inject additional capital into the company bank and send us a copy

Can I hold shares in other companies while I am on Employment Pass (EP)?

Yes, you can hold shares in other companies or be a shareholder of another company while you are holding an Employment Pass (EP).

Can we use non-cash consideration to increase the paid-up capital of our company?

Yes, non cash consideration such as fixed assets can be used as consideration, for as long as sufficient evidence of the valuation of the assets is

Do I need to visit Singapore to form a Singapore company?

To form a Singapore company, you are not required to visit Singapore to incorporate a company. We can handle the entire incorporation process via

Do I need to display my company registration number?

The Singapore Companies Act now requires every company to have the Company name and registration number on all business letters, statements of

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Rikvin Pte Ltd

EA License No. 11C3030

36 Robinson Road,
#20-01 City House,
Singapore 068877

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