Is It Possible to Operate Your Singapore Company Completely Remotely, Without any Presence in Singapore?

There are thousands of companies registered in Singapore without physical office which operate completely remotely.

Majority of these companies use corporate services providers to fulfil various requirement of registration of a company in Singapore. Like they use the permanent address provided by the corporate services in Singapore, they don’t have a physical office, they don’t have any employees, all their staff is located in the home country, and they carry out necessary transactions form the home country. In many cases they also engage nominee Director provided by their corporate secretarial firm.

In Most of these companies tend to be secondary structure to the main business, which is based in the home country.

This article will dilate upon whether or not you can operate Your Singapore company remotely, i.e. without any physical presence in Singapore.

If you want to apply to the Company Registrar of Singapore (ACRA), you will need to prepare for the following incorporation requirements.

• At least one (1) Shareholder
• A minimum initial Paid-up Capital of S$1
• At least one (1) Company Secretary
• At least one (1) Director (Local or Nominee)
• A physical local registered address for the company office

The requirements mentioned above imply that for a Singapore company to function in Singapore, you can operate and manage all affairs entirely remotely. And you:

• Don’t necessarily need to visit Singapore.
• Don’t have to hire employees in Singapore.
• Can do all transaction online using internet banking.