How to Register a Company in Singapore from India: The Complete Guide

Singapore is the ultimate launchpad for ambitious Indian entrepreneurs looking to expand globally. Navigate the entire Singapore company registration process from India—from initial planning to RBI compliance and banking—with our definitive step-by-step guide. Launch your vision with an expert team trusted for our 95% client retention rate.

Monuments in in India, representing Indian entrepreneurs expanding their business to Singapore through Counto’s business registration services.

Why India founders choose Singapore for company registration

Many Indian entrepreneurs are “externalizing” or “flipping” their startups to Singapore. This is the preferred route for anyone starting a small business in Singapore for India foreigners who intend to raise venture capital.

Singapore’s legal framework makes it significantly easier for global VCs to invest, providing a “gateway” for Indian tech companies to go global. Whether you are a foreigner starting a business in Singapore for the first time or relocating an existing Mumbai or Bangalore-based entity, the ecosystem here is designed for your success.

Free Singapore company registration when you start with Counto

Unlike other providers, we waive our professional registration fees regardless of your accounting plan. Save on your total setup cost with our transparent packages.

Unsure about the right structure or tax setup for your business? Speak with our experts.

Foreigner

Full package for foreigners

SGD 2,300
Company setup and Secretary
  • Company registration inclusive of SGD 375 ACRA fees for incorporation and annual return filing
  • No security deposit unless your business involves high risk business activities like precious metals etc
  • Resident nominee director for the first financial year. Get $500 discount if you only need the director for 3 months.
  • Registered mailing address with mail scanning
  • Company Secretary Standard plan for 1 shareholder with all non shareholder changes free during the year. Additional shareholder at $50/shareholder
  • Bank account opening assistance
Annual Compliance and Filings
  • Annual books and financial statement review by CA
  • IRAS Form C-S tax filing and ACRA AGM filing
  • Add On: XBRL Filing for SGD 500 - required if there is a corporate shareholder
  • Add On: Save over 20% on Multi-currency Accounting in accordance with Singapore Financial Reporting Standards (SFRS)
$550 /year
Slide the ball

If number of transactions/year are below 80

    Accounting includes:

  • Management reports with AI insights
  • Unaudited Financial statement (20 page report) required for AGM filing
  • Review meeting with CA
Counto AI Software and Support
  • Free: Counto Payroll DIY Plan for 5 employees for 1 year
  • Track your requests' progress with Status Tracker
  • Financial Reporting with AI insights
  • Automate bill payments and claims reimbursements via Counto BillPay
  • Secure Vault for all your financial data and contracts
  • Phone, Chat, Whatsapp and Email support

Note: The prices mentioned above are only valid for the first year of operation of your business. From the second year onwards, our standard accounting plans will apply.

Understanding RBI and FEMA compliance for Indian residents

To open company in Singapore as an Indian resident, you must navigate the Reserve Bank of India (RBI) guidelines under the Foreign Exchange Management Act (FEMA).

Overseas Direct Investment (ODI)
Setting up a Singapore entity is classified as an ODI. You are required to report this investment to your Authorized Dealer (AD) bank in India to remain fully compliant.
Liberalised Remittance Scheme (LRS)
Most individual founders use the LRS to remit initial capital. We ensure your constitution is drafted specifically to satisfy Indian bank compliance checks for smooth transfers.
Annual Performance Report (APR)
Once you foreigner start business in Singapore, you are legally required to file an APR with the RBI every year to report on your international company's performance.

Counto provides the certified documents and strategic business logic your Indian bank will need to keep your company registration in Singapore for India foreigners fully legal on both sides of the border.

Managing tax: The India-Singapore DTAA

A major concern when a foreigner registers a company in Singapore from India is being taxed twice. Thankfully, the India-Singapore Double Tax Avoidance Agreement (DTAA) protects you.

By establishing “Place of Effective Management” (POEM) in Singapore—which Counto helps you do through our Nominee Director service and registered office—your Singapore profits are generally only taxed at Singapore’s competitive 17% rate (or lower with startup exemptions), rather than India’s higher corporate rates.

The 5-Step Process to Open Your Company from India

We’ve streamlined the entire journey. Here’s what it looks like.

1

Choose Your Business Structure

For Indian entrepreneurs, the clear choice is a Private Limited Company (Pte. Ltd.) — it allows 100% foreign ownership, provides limited liability, and offers credibility for global growth. We focus on this structure because it’s the best fit for your expansion.

2

Fulfill the Core Requirements

Every Singapore Pte. Ltd. needs the following. We handle each item for you:

  • A unique company name — we check availability and reserve it.
  • One resident director — Counto provides a qualified nominee director.
  • Qualified company secretary — included from day one.
  • Registered Singapore address — with digital mail scanning.
  • Paid-up capital — start from just S$1.

3

Prepare Your Documents

A simple checklist from your side:

  • Passport copies of directors/shareholders
  • Proof of residential address
  • Brief description of planned business activities

4

Digital Registration with ACRA

Once your documents are ready, we prepare and submit them online to ACRA. Approvals are often granted within 24 hours.

5

Post-Incorporation Setup

Your company is registered! We guide you in opening a corporate bank account and completing post-incorporation compliance.

Singapore skyline symbolizing a global business hub, highlighting company incorporation opportunities for Indian entrepreneurs expanding with Counto’s expert services.

The 5-Step Process to Open Your Company from India

We’ve streamlined the entire journey. Here’s what it looks like.

1

Choose Your Business Structure

For Indian entrepreneurs, the clear choice is a Private Limited Company (Pte. Ltd.) — it allows 100% foreign ownership, limited liability, and credibility for global growth.

2

Fulfill the Core Requirements

Every Pte. Ltd. needs a unique company name, one resident director, a company secretary, a registered Singapore address, and a minimum paid-up capital of just S$1.

3

Prepare Your Documents

Simple checklist: passport copies, proof of residential address, and a brief description of your planned business activities.

4

Digital Registration with ACRA

Once your documents are ready, we file everything online with ACRA. Approvals are often granted within 24 hours.

5

Post-Incorporation Setup

After incorporation, we guide you through opening a corporate bank account and handling post-incorporation compliance.

Singapore skyline symbolizing a global business hub, highlighting company incorporation opportunities for Indian entrepreneurs expanding with Counto’s expert services.

Why Counto is the clear choice for value and service

We invite you to compare. Our all-in-one Foreigner Package is designed specifically for Indian entrepreneurs, providing more value, better support, and greater peace of mind.

Feature Counto Foreigner Package Competitor A (“Full Compliance”) Competitor B (“Fully Compliant”)
Full Year Price SGD 2,850 (incl. bookkeeping) SGD 3,950 SGD 3,690
Company Incorporation
Nominee Director (12 Months)
Corporate Secretary
Registered Address
Annual Accounting & Tax Filing
Free BillPay & Payroll Software
Support Model Dedicated Manager via Phone, WhatsApp & App In-App Chat Support In-App Chat Support
Your Savings with Counto Up to SGD 1,100

📞

Your Own CSM

Don’t settle for faceless chat queues. Get a direct line to a dedicated Customer Success Manager who understands your business. Reach your trusted expert via phone, WhatsApp, or free calls from the Counto mobile app.

🧾

Bill Pay & Payroll, On Us

Operate efficiently from day one with free Bill Pay and Payroll software—powerful, value-added tools you won’t get from competitors. Manage payables, employee salaries, and compliance seamlessly from India.

📊

India + Singapore Expertise

Our in-house accountants know both Indian and Singaporean regulations. Get strategic advice that considers remittances, tax compliance,
and the nuances of cross-border business.

🌐

100% Online Incorporation

Our automated platform streamlines the entire Singapore company registration process. Manage your incorporation and ongoing compliance from your home or office in India.

Common Pitfalls for Indian Founders (And How to Avoid Them)

Learn from the most frequent mistakes—then sidestep them with the right setup.

Pitfall #1: “Cheap” service with hidden fees

Low sticker prices often exclude essentials like a nominee director or annual filings—costs add up quickly.

How to avoid it: Choose a provider with a transparent, all-in-one package so you know the full cost upfront.

Pitfall #2: Ignoring long-term compliance

Incorporation is just the start—ACRA and IRAS require annual accounts and tax filings. Missed deadlines mean penalties.

How to avoid it: Pick a plan that includes annual accounting and tax compliance from day one.

Pitfall #3: Weak advice on repatriating profits

Misunderstanding the India–Singapore DTAA and FEMA can lead to avoidable taxes and delays when sending money home.

How to avoid it: Work with experts who understand both DTAA and FEMA, and who set up your structure correctly from the start.

What Comes Next? Running Your Singapore Company

Incorporation is just the beginning. Counto sets you up for long-term success by handling ongoing obligations—here’s what to expect.

Annual Tax Filings

File your corporate tax return each year with the Inland Revenue Authority of Singapore (IRAS). Singapore’s headline corporate tax rate is a flat, competitive
17%, with significant exemptions for new startups.

The Counto Advantage:
Our Foreigner Package offers an add-on for a full year of accounting and tax filing—so you can stay compliant from day one.

Ongoing Compliance

Hold an Annual General Meeting (AGM) and file your Annual Return with ACRA on time each year.

The Counto Advantage:
A dedicated corporate secretary—included in our package—manages all deadlines and filings for you.

Hiring Employees

Singapore has clear rules for hiring local and foreign talent, plus payroll and statutory contributions to follow.

The Counto Advantage:
Get free payroll software and expert guidance to set up hiring and payroll correctly as you scale.

Your Global Journey Starts Here

You have the vision. We have the expertise. Take the first step towards building your global enterprise on the strongest possible foundation.

 Save up to S$1,100 and get started with a dedicated team guiding you from India.

Frequently Asked Questions

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