A Complete Guide to Registering a Singapore Company in Shenzhen Key Insights for Smooth Processing

How to Successfully Register a Company in Singapore from Shenzhen A Comprehensive Guide You Need to Know

In the context of deepening global economic integration, more and more Chinese companies are choosing to go global and expand into overseas markets. As one of Asia's most competitive business hubs, Singapore has become a top destination for overseas investment due to its strategic geographical location, stable business environment, and open market policies.

For companies based in Shenzhen, the convenient transportation links, cultural similarities, and efficient administrative procedures between Shenzhen and Singapore make setting up a company in Singapore an attractive option. So, how can you smoothly register a Singaporean company from Shenzhen?

This article provides a comprehensive breakdown of the registration process, legal requirements, tax system, bank account opening, and post-establishment maintenance, helping enterprises plan strategically, avoid risks, and achieve compliance and smooth operations.

1. Understanding the Basic Types of Companies in Singapore

Before formal registration, it’s essential to determine the type of company you intend to establish. Common options include

Private Limited Company Pte Ltd The most popular choice among foreign investors, this structure offers limited liability protection, independent legal status, and is ideal for long-term growth.

Representative Office Suitable for initial market research; however, it cannot engage in profit-making activities and is typically valid for up to three years.

Branch Office A dependent extension of the parent company without independent legal status, suitable for businesses with established operational models.

Choosing the right structure based on your strategic goals and development stage is crucial.

2. Overview of the Registration Process

Registering a Singaporean company from Shenzhen doesn’t require physical presence, but it is advisable to work with a professional service provider to ensure efficiency and accuracy. Here are the main steps

1. Company Name Approval Submit the proposed name to the Accounting and Corporate Regulatory Authority ACRA to verify availability.

2. Prepare Required Documents Including the company constitution, director and shareholder information, and registered address details.

3. Submit Registration Application Complete the online registration via ACRA, which usually takes just a few hours.

4. Open a Corporate Bank Account Recommended banks include DBS, OCBC, or other international banks operating in Singapore.

5. Apply for Industry-Specific Licenses Additional permits may be required for regulated sectors such as finance, education, or healthcare.

The entire process typically takes 7-14 working days, depending on the completeness of the submitted documents.

3. Requirements for Directors and Company Secretary

Under Singapore law, every company must have at least one resident director, who must be a Singapore citizen, permanent resident, or holder of an Employment Pass EP. If no suitable candidate is available, professional firms can provide nominee directors.

Additionally, a company secretary must be appointed within six months of incorporation. This person must possess relevant qualifications and will be responsible for corporate governance, maintaining statutory records, and filing annual returns.

4. Tax Advantages and Compliance Obligations

Singapore is often referred to as a low-tax haven, offering a highly favorable tax regime for foreign businesses

Corporate Income Tax Rate Maximum of 17%, significantly lower than many other countries.

Tax Exemption for New Companies Profits up to SGD 300,000 enjoy full or partial tax exemption in the first few years.

Territorial Tax System Only income sourced in Singapore is taxed.

Double Taxation Agreements DTAs Singapore has signed DTAs with numerous countries, helping reduce cross-border tax burdens.

However, compliance is critical. Companies must submit audited financial statements unless exempt, file annual returns on time, and maintain proper accounting records. Non-compliance can result in penalties or blacklisting.

5. Key Considerations for Opening a Bank Account

Opening a corporate bank account is often one of the biggest challenges during the setup process. In recent years, banks have tightened their Anti-Money Laundering AML checks, leading to stricter scrutiny.

When applying, prepare the following documents thoroughly

Business profile and certificate of incorporation

Identity documents of directors and shareholders

Detailed business plan or introduction

List of clients and suppliers

Any additional documents requested by the bank

It’s recommended to communicate with the bank in advance or engage professionals to assist with scheduling meetings and preparing documentation.

6. Recent Developments Strengthening China-Singapore Economic Ties

According to the latest data from Enterprise Singapore, China remained Singapore’s largest trading partner in the first half of 2025, with bilateral trade growing by over 10% year-on-year. With the continued implementation of the Regional Comprehensive Economic Partnership RCEP, Singapore’s role as a gateway to Southeast Asia is becoming even more prominent.

Recently, the Shenzhen Municipal Commerce Bureau has actively encouraged local enterprises to explore overseas opportunities through the Singapore platform. Several Shenzhen-based tech firms have already made moves, such as a well-known AI company establishing a research center in Singapore to leverage the country’s innovation ecosystem for technology export.

7. Conclusion

Setting up a Singaporean company from Shenzhen is not overly complicated, but ensuring long-term stability and success requires careful planning across various areas - including legal compliance, tax management, and banking relationships.

We recommend that companies fully understand the relevant regulations before proceeding and seek professional assistance when necessary to ensure compliance and operational efficiency.

As China-Singapore economic cooperation continues to deepen, Singapore will remain a key stepping stone for Chinese enterprises expanding overseas. By seizing opportunities and making strategic plans, companies can secure a strong position in the wave of globalization.