FAQs

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INC would complete your initial application process in 24 hours; we're known for being fast and efficient with incorporation. We typically reserve your business name, submit the necessary documents, and get ACRA's approval in 24–48 working hours. Then you receive your certificate of incorporation and UEN from ACRA.

Everything is done online through INC's platform.

INC is made for entrepreneurs who are Singapore Citizens and PRs. For foreigners, you can use our full-service sister company — CorpFinEdge.

You need at least 1 shareholder in your company to register it with ACRA. Private companies in Singapore can have a maximum of 50 shareholders. We advise adhering to the structure of your Constitution to set share capital amounts and equity carefully, to avoid future problems.

You need to provide: company name, a brief description of business activities, shareholders' particulars, directors' particulars, a registered address, company secretary particulars (we can help with that), and a Constitution (we can help with that too).

Yes — Singapore allows a single person to be both the sole director and sole shareholder of a private limited company. Note that under the Companies Act, that same person cannot also serve as the company secretary — a sole director needs a separate person in that role.

Every Singapore company must have a local registered address where statutory documents can be served — it must be a physical address, not a PO box, though it doesn't have to be where you actually operate. If you don't have a commercial address yet, ask your relationship manager about the options available.

Company names are checked and reserved with ACRA as part of the incorporation process — a name gets rejected if it's identical or too similar to an existing entity, or if it's undesirable or restricted. We handle the name check and reservation for you as part of every plan.

Yes, a company name can be changed after incorporation by passing a special resolution and filing the change with ACRA. Your existing UEN stays the same — only the registered name changes.

Once your documents and details are submitted, we lodge the application with ACRA on your behalf. Most straightforward applications are approved within 24–48 working hours, after which you'll receive your certificate of incorporation and UEN — at which point your company officially exists and we move into onboarding your corporate secretary.

A corporate secretary is a company officer responsible for ensuring that business operations adhere to Singapore's statutory requirements, laws, and regulations. The corporate secretary is also in charge of overseeing the company's compliance and serving as a liaison between shareholders and directors.

Yes — ACRA requires every company in Singapore to appoint a corporate secretary within the first six months of incorporation, regardless of size.

Simple answer: yes, if your company has more than one director. Do understand that the duties of a corporate secretary are specific, and most entrepreneurs aren't able to manage their daily business responsibilities well when also having to perform corporate secretarial tasks. It's usually best to outsource this role to specialists like INC.

ACRA can take enforcement action against the company and its directors, including penalties. Persistent non-compliance can also affect the company's standing and, in serious cases, put it at risk of being struck off the register.

If your company has more than one director, one of them can serve as company secretary. But under the Companies Act, a sole director cannot also be the company secretary — you'll need someone else in that role, which is exactly what our service provides.

It's bundled into our incorporation plans from S$63/month, charged annually, which includes unlimited filings and government fees. See our pricing page for the full breakdown.

An AGM (Annual General Meeting) is where directors present the company's financial statements to shareholders for approval — private companies can often dispense with holding one in person by passing the equivalent written resolution instead. The Annual Return is the separate statutory filing lodged with ACRA afterward, confirming the company's key particulars are up to date. Both are annual requirements; your corporate secretary handles the paperwork and filing for each.

BizFile+ is ACRA's official online filing portal — it's where all statutory lodgments happen, from incorporation to Annual Returns to changes in officers. As your appointed filing agent, INC.sg submits through BizFile+ on your behalf, so you never need to interact with it directly.

Your corporate secretary maintains the company's statutory registers — Register of Members, Register of Directors, Register of Secretaries, and Register of Charges — along with the minutes book and share certificates. These are kept audit-ready and updated whenever officer or shareholder details change.

No — Singapore Citizens and Permanent Residents can be hired freely without any work pass. Work passes only apply to foreign employees.

Yes — any foreigner you hire needs a valid work pass issued by the Ministry of Manpower (MOM), such as an Employment Pass, S Pass, or Work Permit, depending on the role and the candidate's qualifications. The right pass type depends on the position and salary — speak to your relationship manager before making a foreign hire.

CPF (Central Provident Fund) contributions are mandatory monthly payments employers must make for every Singapore Citizen and PR employee, split between employer and employee shares. Contribution rates vary by the employee's age band and wage level and are set by the CPF Board — your corporate secretary or accountant can confirm the current rates that apply to your payroll.

While not always legally mandatory for every role, a written employment contract is strongly recommended for every hire — it sets out salary, working hours, leave, and termination terms clearly, and protects both employer and employee if a dispute ever arises.

Yes — once you hire your first Singapore Citizen or PR employee, you need to register as an employer with the CPF Board so you can make the required monthly contributions on their behalf.

IR8A is the annual form employers submit to IRAS reporting each employee's earnings for the year, so IRAS can assess their personal income tax. It's typically due by 1 March. If you have employees, this is a yearly filing obligation alongside your company's own corporate tax filing.

Notice periods are usually set out in the employment contract; where the contract is silent, the Employment Act sets minimum statutory notice periods that scale with length of service. Always check the specific contract terms and current Employment Act provisions before terminating an employee.

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