Yes, it is mandatory to have a Singapore resident director. If you do not have one, you will not be able to incorporate the company. After
Frequently Asked Questions: Singapore Company Registration
What are dormant companies?
Dormant companies do not have any accounting transactions for the financial period, or has not started business since its inception. Accounting
Is it necessary for me to be a Singaporean to incorporate a company in Singapore?
No, it is not necessary. If you are lacking a local director, you can engage us for our Nominee Director Service.
What activities are allowed to be carried out by a Singapore Company?
Although there are no restrictions on the type of business activities that a company can engage in, some business activities such as travel agency,
How do I find out if the name for my company is available?
Upon your submission of the proposed name, Rikvin will process the name reservation with the Accounting And Corporate Regulatory Authority (ACRA),
Does Singapore have any restrictions on foreign ownership?
Singapore has no restrictions on foreign individual or corporate shareholder owning 100% of the company.
How long does it take to incorporate a Singapore company?
In Singapore, the company can be setup within an hour if all the documents are in order. When you incorporate with Rikvin, our computerised
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
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
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 Singapore-registered companies usually use an incorporation agent?
If you are unfamiliar with Singapore incorporation requirements, it is advisable to use an incorporation agent. An incorporation agent such as Rikvin
Can I apply for a Letter of Consent prior to incorporating a Singapore company? Why do I need to appoint a resident director?
Only companies which are incorporated in Singapore can sponsor Letter of Consent (LOC) applications. All Singapore registered companies must have a