Start Your Company with One IBC

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Why Use One IBC to Set Up Your Company In Singapore?

Get Started Instantly

Get Started Instantly

Launch your company in Singapore quickly with the best online business platform.

Do It Right

Do It Right

Our expert team provides step-by-step guidance to start and protect your new company in Singapore.

Get Pro Support

Get Pro Support

Our network of experts is ready to help your startup thrive in Singapore’s dynamic market.

What You Need to Know About Forming a Private Limited Company

What is a Private Limited Company?

A Private Limited Company (Pte Ltd) is a business entity you can register in Singapore. It protects your personal assets by separating them from business debts, offering liability protection, tax benefits, and operational flexibility under Singapore’s regulations.

Why Do You Need to Form a Private Limited Company?

Why Do You Need to Form a Private Limited Company?

It’s the smart choice for many entrepreneurs in Singapore. It offers liability protection, helps small business owners manage taxes, and provides credibility, giving you peace of mind as you grow your business.

What Challenges Come with Forming a Private Limited Company?

You might feel overwhelmed by the process—registering with ACRA, meeting compliance requirements, and understanding Singapore’s legal framework can be tricky.

What Challenges Come with Forming a Private Limited Company?

When Do You Need to Form a Private Limited Company?

Forming a Pte Ltd is ideal when you start a business, plan to expand, or seek liability protection. It’s the best way to act early, ensuring significant revenue while keeping your personal assets safe under Singapore’s business laws.

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Use One IBC To Start Your Business In 4 Easy Steps

1

Preparation

Request free company name search We check the eligibility of the name, and make a suggestion if necessary.

2

Filling

Register or login and fill in the company names and director/ shareholder(s). Fill in shipping, company address or special request (if any).

3

Payment

Choose your payment method (We accept payment by Credit/Debit Card, PayPal or Wire Transfer).

4

Delivery

Get soft copies of key documents (Certificate of Incorporation, etc.) to start your business. Use the company kit to open a bank account, or let us assist with banking.

3 Reasons for Forming a Private Limited Company

Protect Your Assets

Protect Your Assets

By setting up a Pte Ltd in Singapore, you can keep your personal finances separate, shielding your assets from business risks.

Keep It Simple

Keep It Simple

Starting a Pte Ltd is straightforward in Singapore, with fewer rules for compliance and record-keeping compared to larger corporations.

Flexible Tax Options

Flexible Tax Options

Enjoy tax benefits with a Pte Ltd in Singapore—choose the best tax strategy for your company to save money and reduce tax burdens.

Private Limited Company vs. Company Limited by Guarantee: What's the Difference?

There are several important differences between a Private Limited Company and a Company Limited by Guarantee:

Private Limited Company

Profit-Oriented Structure

Profit-Oriented Structure

A Private Limited Company is designed for businesses in Singapore aiming to generate profits, with shareholders owning the company through shares.

Flexible Tax Benefits

Flexible Tax Benefits

Enjoy tax incentives in Singapore, such as the partial tax exemption scheme, to reduce your tax burden.

Easy to Raise Capital

Easy to Raise Capital

Issue shares to attract investors, making it easier to fund growth and expansion in Singapore’s competitive market.

Company Limited by Guarantee

Non-Profit Focus

Non-Profit Focus

Common for charities, associations, or non-profits in Singapore, where members guarantee a fixed amount to cover liabilities instead of holding shares.

Community Credibility

Community Credibility

Builds trust for non-profits, as it’s often used by organizations focused on social or community goals in Singapore.

No Share Capital

No Share Capital

Doesn’t issue shares, so funding comes from grants, donations, or member contributions rather than investors.

What You Should Know About Forming a Private Limited Company

To form a Pte Ltd in Singapore, you must submit the necessary filings to the Accounting and Corporate Regulatory Authority (ACRA). Our expertise ensures a smooth process, handling all requirements to get your Pte Ltd operational. Here are some key points to understand.

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Begin your Pte Ltd journey with Singapore’s top business formation services.

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Frequently Asked Questions

A Company Limited by Shares is a private limited company in which the liability of each shareholder is limited to the unpaid amount on their shares. It is the most common structure for businesses operating in Hong Kong.

Only one shareholder is required to incorporate a Company Limited by Shares. The shareholder can be an individual or a corporate entity, and there is no requirement for them to be a Hong Kong resident.

Yes. Every Company Limited by Shares in Hong Kong must appoint a Company Secretary. The secretary must be a Hong Kong resident or a licensed corporate service provider.