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.

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
- 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 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)
If number of transactions/year are below 80
- Management reports with AI insights
- Unaudited Financial statement (20 page report) required for AGM filing
- Review meeting with CA
Accounting includes:
- 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).
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.
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.
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.
Prepare Your Documents
A simple checklist from your side:
- Passport copies of directors/shareholders
- Proof of residential address
- Brief description of planned business activities
Digital Registration with ACRA
Once your documents are ready, we prepare and submit them online to ACRA. Approvals are often granted within 24 hours.
Post-Incorporation Setup
Your company is registered! We guide you in opening a corporate bank account and completing post-incorporation compliance.
The 5-Step Process to Open Your Company from India
We’ve streamlined the entire journey. Here’s what it looks like.
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.
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.
Prepare Your Documents
Simple checklist: passport copies, proof of residential address, and a brief description of your planned business activities.
Digital Registration with ACRA
Once your documents are ready, we file everything online with ACRA. Approvals are often granted within 24 hours.
Post-Incorporation Setup
After incorporation, we guide you through opening a corporate bank account and handling post-incorporation compliance.
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.
Pitfall #2: Ignoring long-term compliance
Incorporation is just the start—ACRA and IRAS require annual accounts and tax filings. Missed deadlines mean penalties.
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.
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.
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.
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.
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
Once you complete your online KYC (Know Your Customer) verification, we typically secure your UEN number from ACRA in as little as 1 to 3 working days.
We ensure every form is prepared correctly to avoid delays, making it the fastest way to form a company in Singapore.
Yes, under RBI’s Overseas Direct Investment (ODI) guidelines, Indian residents can own 100% of a Singapore entity, provided they report the investment to their bank in India.
For Indian entrepreneurs, incorporating a Singapore company is a straightforward process. Foreigners can own 100% of the shareholding, which means you retain complete control of your business.
The key requirement is to appoint at least one local resident director (a Singapore Citizen or Permanent Resident). If you don’t have a local partner, you can stay compliant by engaging a Nominee Director service — something Counto provides as part of our all-in-one Foreigner Package.
As a foreigner, you are also required to use a registered filing agent like Counto to submit the incorporation application. Our team handles everything end-to-end, so you can set up your Singapore business seamlessly from India without needing to be physically present.
No. You can manage your Singapore company entirely from India. You only need an Employment Pass (EP) if you plan to relocate to Singapore.
The Singapore Companies Act requires all Private Limited Companies to have at least one director who is ordinarily resident in Singapore. This individual is often referred to as a local nominee director, nominee director or local director.
The local nominee director does not hold any shares of the company, and is not involved in the operational or financial management of the company. He/she is there to act in the best interest of the company and ensure that everything is in line with Singapore law.
Your company can have as many directors as you want—most importantly, at least one must be local. Eventually, you may opt to replace your local nominee director with a non-local director who has obtained an employment pass from your new company (which typically takes 6 months).
A local nominee director should be:
- A Singapore citizen or Permanent Resident
- At least 18 years of age
-
An EntrePass or Employment Pass holder with a Letter of Consent (LOC) from Ministry of Manpower (MOM) before registering as a director
No. Our process is designed to help a foreigner open company in Singapore entirely remotely.
We use secure digital signing and online KYC verification so you can complete your Singapore company formation from your home country with zero travel required.
Your can check if the name has already been registered through BizFile. Do note that once you have registered your company name, ACRA will reserve it for up to 120 days.
- Company name
- Local resident director
- Minimum of S$1 worth of paid-up capital
- Singapore registered address
- Particulars of local company secretary
- Brief description of company activities
- Company constitution
In addition, you will need to prepare the following documents:
- Singapore residents: Copy of Singapore Identity Card (IC)
- Foreigners: Passport copy and proof of overseas residence (can be a bank statement, power or mobile phone bill).
- Corporate entity shareholder: A copy of registration documents such as Certificate of Incorporation and Memorandum & Articles of Association.
For any Singapore company, the main ongoing costs are for annual compliance, which includes the renewal of your registered address, company secretary, and nominee director services.
Separately, every company must complete its annual accounting and tax filing. This is why we offer our annual accounting service as a recommended bundle with the Foreigner package.
Our incorporation cost featured in the comparison table combines these, giving you a complete, all-in-one solution that covers all of these core services for your entire first year. From the second year onwards, our standard renewal and accounting fees will apply, ensuring you have a transparent and predictable cost with no surprises.
Singapore has a flat corporate tax rate, which applies to both local and foreign companies. The standard corporate tax rate is typically 17%. However, Singapore offers various tax incentives and exemptions for specific types of income and industries, which may result in a lower effective tax rate.
Corporate income tax in Singapore is based on the company’s chargeable income, which is derived from its total revenue and deducting allowable expenses, capital allowances, and tax incentives.
You can incorporate a company in Singapore with just one shareholder. The maximum number of shareholders allowed is 50.
Yes. Your Indian company can be the sole corporate shareholder of your Singapore private limited company. This subsidiary structure is a popular and effective way for Indian businesses to expand globally.
The Double Taxation Avoidance Agreement (DTAA) is a major benefit. It ensures your profits are not taxed twice. It can lower the withholding tax on dividends and royalties and provides a clear framework for tax residency, saving you significant money and compliance headaches.
Once your Singapore company has paid its corporate taxes, you’re free to remit dividends back to India — there are no restrictions on the Singapore side. In India, the remittance is governed by FEMA regulations and requires standard documentation (such as Form 15CA/15CB). Our experts guide you through both jurisdictions to ensure smooth, compliant repatriation.
Singapore requires a minimum capital of S$1 to start a business.

