Singapore Company Registration Fee Full Analysis

Comprehensive Guide to Singapore Company Registration Fees Do You Really Know?

In recent years, with the continuous changes in the global business environment, more and more businesses and individuals have chosen to establish companies in Singapore. As one of Southeast Asia's economic hubs, Singapore has attracted a large number of foreign enterprises with its stable policies, low tax rates, and efficient business environment. However, many people are still unaware of the related fees before registering a company, especially the company registration fees. This article will provide a comprehensive analysis of Singapore company registration fees to help entrepreneurs and investors who plan to set up a company in Singapore better plan their budget.

According to the latest data from the Accounting and Corporate Regulatory Authority ACRA of Singapore, the basic fee for company registration in Singapore is 300 Singapore dollars approximately 1,500 Chinese yuan since January 2025. This fee covers the review of the company name, submission of registration documents, and basic registration procedures after the company is established. It is worth noting that this is just a base fee, and additional costs may occur during the actual registration process, such as legal fees, company secretary fees, and office address rental fees.

As a recent news example, according to a report by The Straits Times in June 2025, due to Singapore's continuous optimization of the company registration process, ACRA has introduced several simplification measures, including the upgrade of the online registration platform and the introduction of an automated review system. These reforms not only improved the efficiency of registration but also reduced the overall operating costs for businesses. However, additional service fees are still inevitable for some businesses that require professional services.

First, the most common additional cost during the company registration process is the company secretary service fee. According to Singapore law, all registered companies must have a qualified company secretary. Typically, the annual service fee for a company secretary ranges between 1,000 and 3,000 Singapore dollars, depending on the size of the service provider and the level of service. Some companies choose to hire an independent company secretary, while others may obtain the service through an accounting firm or a registration agency.

Second, the cost of renting a registered office address is also an expense that many companies tend to overlook during the initial registration phase. Although ACRA allows companies to use a virtual office address, many companies still prefer to rent a physical office to enhance their image and ensure compliance. According to a report by Lianhe Zaobao in June 2025, commercial office rents in central Singapore increased by about 5% compared to last year, with average monthly rents ranging from 1,500 to 3,000 Singapore dollars. For startups, this expense can be a significant burden.

Legal or registration agency service fees are also an important part that cannot be ignored. Many companies hire professional registration agencies to ensure a smooth registration process. According to market research, the fees for such services usually range between 500 and 2,000 Singapore dollars, depending on the complexity of the service. For example, if a company needs to apply for a special industry license or handle complex equity structures, the fees may be higher.

It is worth mentioning that, in addition to the above-mentioned fees, Singapore requires companies to submit financial statements at least once a year after establishment and pay corresponding accounting and audit fees. According to the regulations of the Inland Revenue Authority of Singapore IRAS, small businesses can choose to use a simplified accounting system, but even so, the annual accounting service fees may range between 2,000 and 5,000 Singapore dollars.

So why are there so many hidden fees? Actually, this is mainly because Singapore has a strict company regulatory system aimed at ensuring corporate compliance and market transparency. Despite this, it is essential for businesses planning to operate in Singapore to make proper financial planning in advance.

Additionally, with the rise of remote work and digital commerce, more and more companies are paying attention to virtual offices and remote secretarial services. These emerging services not only reduce operational costs but also offer greater flexibility for businesses. For example, some online platforms offer integrated company registration services, covering company name review, document preparation, secretarial services, and tax consultation, with relatively transparent and cost-effective pricing.

In summary, although the company registration fees in Singapore may seem low, when considering various additional costs, the total cost can significantly increase. Companies should fully understand the relevant fees before registration and choose appropriate registration methods and service providers based on their own needs.

Finally, it is recommended that business owners and investors who plan to register a company in Singapore consult professional registration agencies or accounting firms first to obtain detailed fee lists and consulting services. At the same time, they can also keep an eye on the latest policies and guidelines published on the ACRA official website to ensure that the registration process is legal, compliant, and efficient.

In conclusion, understanding the company registration fees in Singapore is not just about saving costs; it is a crucial step for the successful entry of a business into the Singapore market. Only with sufficient preparation can a company stand out in the competitive business environment.