Watch the video or read below
There is a range of statutory protections that prospective business owners would have to comply with in order to establish a company in Singapore.
One of the statutory requirements mandated under Section 142(1) of the Companies Act, Cap. 50 for setting up a company in Singapore is that it should have a registered office address in Singapore. This address will also have to be entered in the electronic application form submitted to the Accounting and Corporate Regulatory Authority ('ACRA').
As part of the registration process, a company cannot be incorporated without first providing a registered office address in Singapore, although it can opt to use a registered office address service.
The address of the registered office must:
Note.You will receive mail from government agencies such as – reminders on annual requirements, fresh incentives, and also emails from banks. In addition, banks can also send correspondence to the registered address of the company, unless otherwise informed.
The registered office address service through your corporate service provider like Epica sufficiently covers all the requirements of having a registered address for the business as mandated by the Singapore Companies Act. Besides, you can be rest assured that your mails will be handled and checked properly through the Epica's virtual office address. Your mails can be checked via email instead after we receive them. Moreover if we are providing corporate secretary services to you, then all your company registers will be available to you at our address.
But there are two Exceptions!
All the companies in Singapore are not subject to licencing. There are certain sectors in which obtaining a licence is a mandatory requirement for registering a Singapore company. In some of these licences, you may find a condition where you have to have a physical office address. For example, the Travel Agency License requires a company to have a proper office at a commercial location with proper signage. So, if you are obtaining a business licence where the licencing requirements may need you to have a physical space, then the virtual office address provided by a corporate service provider like Epica will not suffice. And you'll have to get a physical space on the ground.
If your Singapore Company is applying multiple EPs, the Ministry of Manpower Singapore may ask for the proof of business address. This is done to validate if your Singapore Company has enough space to accommodate the employees for which it is demanding Eps.
If you live in Singapore, you might want to use your home address as your registered office address. This can be implemented under the URA or HDB's Home Office Scheme. Please note that in order to use your home address as registered address, certain requirements must be met failing which, your permit may well be cancelled.
New Company Setup
New Company Setup
New Branch Setup
Singapore Bank Account