Singapore Company Registration Agent Fees Explained to Kickstart Your Global Journey

Singapore Company Registration A Full Breakdown of Agent Fees to Help You Step Confidently onto the Global Stage

In today’s increasingly integrated global economy, more entrepreneurs and business owners are looking to overseas markets to expand their operations through international platforms. Singapore, as one of Asia’s most competitive business hubs, offers a stable environment, strategic location, a well-developed financial system, and efficient services-making it the top choice for many companies aiming to go global. In recent years, as economic and trade cooperation between China and Singapore has deepened, more and more Chinese companies have chosen to incorporate in Singapore to achieve brand internationalization, tax optimization, and efficient capital management.

However, for business owners unfamiliar with the Singapore market, navigating the registration process efficiently and in compliance with local regulations can be a significant challenge. In particular, many entrepreneurs struggle with agent fees What is the fee structure? Which services are essential? Are there hidden charges?

This article will provide a comprehensive analysis of agent fees for Singapore company registration, based on the latest information, to help you take your first confident step toward international expansion.

1. Why Has Singapore Become a Popular Choice for Company Registration?

In recent years, Singapore has consistently ranked among the top countries in global business environment reports. According to the World Bank’s 2025 Doing Business Report, Singapore remains a global leader in ease of starting a business. The streamlined and efficient registration process significantly lowers the barriers to entry for new businesses.

Singapore’s tax system is also highly attractive. The corporate income tax rate is a flat 17%, with the first SGD 100,000 of annual profits exempt from tax. Moreover, Singapore has signed more than 80 Double Taxation Avoidance Agreements DTAs with countries and regions around the world, facilitating seamless cross-border capital flows.

These advantages make Singapore a preferred jurisdiction for startups, cross-border e-commerce businesses, tech firms, and family offices. Since 2025, as global capital increasingly focuses on Southeast Asia, Singapore’s role as a regional hub has become even more prominent.

2. Why Use an Agent to Register a Company in Singapore?

Although Singapore’s registration process is relatively straightforward, foreign investors unfamiliar with local laws and administrative procedures often face challenges when attempting to register independently. These include

Conducting a company name search and submission

Ensuring compliance with shareholder, director, and secretary requirements

Selecting a registered address and business activity classification SSIC

Opening a bank account and managing accounting and tax reporting

Engaging a professional and reliable agent can save time and reduce legal risks. For small and medium-sized enterprises SMEs, using an agent to handle one-stop services such as registration, bank account opening, and accounting is crucial for efficient operations.

3. Understanding the Fee Structure for Singapore Company Registration Agents

Currently, the market offers a wide range of Singapore company registration services with varying price points. To help entrepreneurs make informed choices, we’ve analyzed the typical fee structure offered by major agents

1. Basic Registration Fees SGD 500-1,500

This usually includes

Company name application

Drafting of the company’s constitution

Submission of registration documents to the Accounting and Corporate Regulatory Authority ACRA

Provision of a registered office address often the agent’s address

Free company secretary service for the first year

Note Some agents list the registered address and secretary service as optional add-ons, charging extra for them. Be sure to clarify the full fee list before signing up.

2. Annual Company Secretary Service SGD 300-1,000

Under Singapore law, every company must appoint a local qualified company secretary. Many agents include this in the registration package, but only for the first year. Failing to renew this service may lead to compliance issues, such as missing deadlines for Annual Returns or Annual General Meetings AGMs.

3. Bank Account Opening Assistance SGD 200-800

After registration, opening a local bank account is often a top priority. Due to Singapore banks’ strict KYC Know Your Customer requirements, some agents offer assistance with appointment scheduling, document preparation, and interview accompaniment. This service is usually optional and priced according to the bank and level of support.

4. Accounting and Tax Services From SGD 1,000 per year

Singapore companies are required to submit annual financial statements and tax filings. If you don’t have an in-house accounting team, it’s common to outsource these tasks to an agent. The cost depends on the complexity of your business, including whether you have cross-border transactions or need audit reports.

5. Additional Value-Added Services

Some agents also offer trademark registration, work visa applications, and company change services. These are usually optional add-ons, and entrepreneurs should assess their actual needs before purchasing.

4. How to Choose the Right Agent?

When selecting a registration agent, consider the following factors

Credentials and Reputation Choose an agent certified by ACRA with a proven track record.

Transparent Pricing Request a detailed fee schedule to avoid hidden costs or bait-and-switch pricing.

Service Scope Does the agent offer comprehensive services including registration, secretary, banking, and tax?

Customer Reviews Check past client feedback to gauge service quality and responsiveness.

After-Sales Support Is there a dedicated customer service team available for long-term compliance support?

Recently, well-known agencies such as Rikvin, Osome, and InCorp have received positive reviews for offering end-to-end services from registration to tax compliance-ideal for startups. Additionally, many Chinese domestic firms have partnered with Singapore agents to provide bilingual Chinese-English services, reducing communication barriers.

5. Conclusion

As a global business hub, Singapore offers a vast stage for enterprise growth. With the help of a professional agent, companies can not only complete the registration process efficiently but also ensure long-term compliance and smooth operations. Understanding the agent fee structure and making informed service choices are essential first steps for any business entering the Singapore market.

As global markets continue to evolve, seizing opportunities and leveraging available resources will be key to achieving successful international expansion.