pay by instalmentSingapore LLC company registration costs in Year 1 amount to US$1,980 and annual company costs in Year 2 and thereafter amount to US$600. Average business set up engagement fees approximate US$9,980 including i) company incorporation ii) multi-currency corporate bank account opening iii) resident director services (click link) and iv) government fees. Refer to the sample draft invoice below for further information on the costs of setting up a company in Singapore.

Different Singapore entity typesCostDraft Invoice
Tax resident LLCUS$9,980Singapore LLC setup cost
Legally tax exempt LLCUS$9,940Singapore tax exempt LLC setup cost
Free zone companyUS$11,790Singapore FZ setup cost
Branch of a foreign companyUS$8,750singapore branch setup cost
Representative officeUS$6,800singapore rep office setup cost
Subsidiary LLCUS$6,980Singapore susbsidiary LLC setup cost
Holding company LLCUS$6,980Singapore holding LLC setup cost
PLC companyUS$6,980Singapore PLC setup cost
LLC with employment visaUS$11,930Singapore LLC with EP setup cost
Non resident LLC with international merchant accountUS$13,890Singapore non resident LLC with merchant account setup cost
LLC with remittance licenseUS$16,880Singapore money remittance company setup cost
Fast business setup solutionUS$14,060Singapore fast LLC setup cost
Limited liability partnershipUS$6,980Singapore LLP setup cost
Singapore holding company without travelUS$14,780Singapore holding company without travel setup cost
Non-resident SVF companyUS$18,440Singapore non resident SVF company setup cost

Click here to create your own Singapore invoice


The average Singapore engagement time period is 9 weeks as outlined below:

ServiceLLC / Holding / SubsidiaryLegally tax exempt LLCFree zone companyBranchROPLCLLP
Engagement Planning1 week1 week1 week1 week1 week1 week1 week
Company incorporation period1 week1 week2 weeks1 week1 week1 week1 week
Bank Account approval4 weeks4 weeks4 weeks4 weeks4 weeks4 weeks4 weeks
Internet Banking approval2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks
Engagement completion1 week1 week1 week1 week1 week1 week1 week
Total engagement period9 weeks9 weeks10 weeks9 weeks9 weeks9 weeks9 weeks

singapore business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Singapore, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi
singapore business federation Singapore Ministry of Manpower (MOM) Institute of Singapore chartered accountant (ISCA) Institute of Singapore chartered accountant (ISCA) saicsa icsa - institute of chartered secretaries and administrators SIngapore exchange ltd - The Asian Gateway | SGX