Can a Foreigner Own a Company in Singapore?
A foreign national individual can own a company in Singapore, and as a matter of fact, he or she can own 100% of the company in its entirety. This is one of the reasons why registering a company in Singapore is highly advantageous and appealing to foreign nationals.
In most cases, anyone over the age of 18 years can register a company in Singapore.
There are some key requirements for foreigners when setting up a new company in Singapore:
Must appoint a local director
We provide a local director service (nominee director in name)
Must engage the services of a registered filing agent to register their company
Foreigners are not legally allowed to register a company on their own, they are required to engage a third-party qualified service provider like us.
Foreigners can register a company without the need to migrate to or be present in Singapore. At time of application, they are required to appoint a local director.
However, if the foreigner wants to form a company in Singapore and work as its local director, it is then mandatory for them to obtain the appropriate work pass to work legally in Singapore.
To register a company in Singapore – Click here to begin the 10 minutes process or Speak with a specialist here