Any person who wants to incorporate a local company may engage a professional firm or service bureau to assist him in the filing of the application for incorporation via Bizfile. A company can also be incorporated by the directors themselves. (For convenience, we call this process “self-incorporation”.) For self-incorporation cases, the proposed directors, secretary and subscribers must all be Singapore NRIC holders.
A business firm can be converted to a company. If a business owner
wishes to retain the same business name for a new company, he will
have to submit the name application for approval via Bizfile by way
of a name appeal. The business owner will have to undertake to cease
his business within 3 months from the date of incorporation of the
company, as the law does not permit identical names to be registered.
Please click here for more details
Companies may be liable to certain taxes such as corporate tax an
GST. For more information on general tax obligations, you may click
here to visit IRAS website.
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