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The StartupHoncho editorial team has conducted independent research on the best Singapore company formation services available in 2022. We have selected a group of top-tier service providers for aspiring entrepreneurs.
Quick Overview
1
Osome  4.8/5 |
over 200 customer reviews |
2
Sleek 4.8/5 |
1000 customer reviews |
Top Singapore Company Formation Services In 2022
OUR TOP PICK
Osome
4.8
On Osome’s Website
Quality
Excellent
Usability
Excellent
Value
Good
Quick facts
- Price: S$350 Regular, S$600 Premium, S$2,550 for Foreigners
- Tiers: 2 for Locals
- Time: usually 1 hour
- Offers packages for Locals (Singaporeans & PR) and Foreigners
- Set up your company online in 1 hour with minimum S$1 paid-up capital
- Partner with OCBC Bank to get your free business account
Osome has 9500+ clients worldwide and has formed 4200+ companies in the UK, Hong Kong, and Singapore. It is rated 4.7 out of 5 on Trustpilot.
Company registration in Singapore is easy: you need to have a local address, a corporate secretary, a resident director. Osome books your company name, prepares incorporation application & company constitution, files your business profile with ACRA (Accounting and Corporate Regulatory Authority), and help you set up a business account with their partner OCBC Bank or other business account providers.
For locals, the regular package costs S$350 (S$315 government fees included). The S$600 premier packages includes 1 year of Unlimited Secretary service which provides orporate Secretary Routine Annual Filing (S$60 fee included), AGM preparation, and unlimited changes in company name, officers, address, business activity, etc.
For foreigners, you need a certified agency to apply for incorporation on your behalf. You also need to employ a Nominee Director. Osome provides the S$2,550 package which includes free company registration plus 1 year Secretary, Nominal Director, and Registered Address services. Osome will recommend you to one of their bank partners to open a free business account remotely in as little as 2 business hours. You may add an Accounting package for S$800 (covers monthly revenue under S$5k) which provides annual bookkeeping, CPA review, and compliance review for the Nominee Director. The accounting package cost differs by monthly revenue. Osome can also help you apply for an employment visa (which may take 3-6 months).
- Cheap premium plan for locals that includes 1 year free unlimited secretary service
- Insurance services may not be available
GOOD VARIETY OF FEATURES
Sleek
4.8
On Osome’s Website
Quality
Good
Usability
Excellent
Value
Good
Quick facts
- Price: S$350 basic plan, S$640 premier plan, Foreigners ~S$2440
- Tiers: 2
- Time: a few hours
Sleek is trusted by over 450,000 businesses globally (UK, Australia, Hong Kong, and Singapore). It is rated 4.8 out of 5 on Trustpilot.
The S$350 basic plan includes full registration on Company Registry (including S$315 of Gov.fees), Provision of Company Constitution, and all post incorporation documents. The S$640 premier plan includes unlimited Corporate Secretary services which provides filing of annual return (including S$60 Gov Fees) and a free business account. You can add additional secretary services for multiple shareholders.
You can add an Accounting & Bookkeeping plan (cost differs by monthly company expense) with optional software add-ons or different one-off services such as tax filing & tax support.
For foreigners, you need to add the Nominee director service (S$1,500/year) and Registered address & digital mailroom (S$300/year). Employment pass and Visa services are available from S$450. Corporate Insurance sevices starts from S$300 per year.
- More additional services available under Compliance, Accounting, Insurance
- Premier plan for locals costs slightly more
