Startup Checklist
Your personalised, step-by-step path from idea to launch — with official links at every stage.
1. Decide
Confirm Pte. Ltd. is right for you
Review the pros and cons of a Pte. Ltd. structure. Use the entity selector if unsure. Consider liability, growth plans, and ownership needs.
Engage a corporate secretary / CSP
A licensed corporate secretary must be appointed within 6 months of incorporation. For foreign founders, a licensed CSP is essential to handle incorporation and ongoing compliance.
ACRA: Corporate Secretary Guide2. Name
Choose and reserve your company name
Check name availability and apply for name reservation on ACRA Bizfile. Cost: S$15. Names must not be identical to existing companies, contain restricted words, or be misleading.
Bizfile: Name Reservation3. Prepare
Prepare incorporation documents
Prepare the Company Constitution, consent to act as director, and consent to act as secretary. Your CSP will typically draft these. Decide on paid-up capital (minimum S$1), share structure, and registered address.
Arrange a registered address
Every company must have a registered address in Singapore. A P.O. box is not allowed. You can use a virtual office address service if you do not have physical premises.
4. Register
File incorporation on Bizfile
Submit the incorporation application on ACRA Bizfile. Incorporation fee: S$300. Local directors sign via Singpass; foreign directors sign via the prescribed form. Most applications are approved within 1–3 days.
Bizfile: Incorporate a CompanyReceive your Certificate of Incorporation and UEN
Once approved, you will receive a Certificate of Incorporation and a Unique Entity Number (UEN). The UEN is your company's identifier for all government transactions.
5. Corppass & Registers
Set up Corppass
Register for Corppass — the corporate digital identity used to transact with government agencies online. You need your UEN and an appointed Corppass Admin.
Corppass: RegistrationMaintain statutory registers
Your company secretary must maintain the register of members, register of directors, and other statutory registers. These must be updated within prescribed timeframes when changes occur.
6. Bank
Open a corporate bank account
Open a business bank account with DBS, OCBC, UOB, or a digital bank. You will need your Certificate of Incorporation, Constitution, board resolution, and directors' identification. Foreign founders may need to visit in person or use an introduction service.
7. Tax & Licences
Register for GST (if applicable)
GST registration is mandatory if your annual taxable revenue exceeds S$1 million. You can register voluntarily earlier to claim input tax. Register via IRAS myTaxPortal.
IRAS: GST RegistrationCheck business licence requirements
Use GoBusiness Licence Finder to identify which licences your business activity requires. Common regulated activities include F&B, education, finance, and healthcare.
GoBusiness: Licence FinderUnderstand corporate tax obligations
Singapore corporate income tax is 17%, with partial exemptions and startup tax exemption for the first 3 years. File Estimated Chargeable Income (ECI) within 3 months of financial year end, and file Form C-S/C annually.
IRAS: Corporate Income Tax8. People
Register with CPF Board (before hiring locals)
If you hire Singapore citizens or PRs, you must register as an employer with CPF Board and make monthly CPF contributions. Set this up before your first local hire.
CPF: Employer RegistrationApply for work passes (if hiring foreigners)
To hire foreign employees, apply for an Employment Pass, S Pass, or Work Permit via MOM. Each pass type has different eligibility criteria and quota requirements.
MOM: Work Passes9. Brand & Premises
Protect your brand name and logo
Register your trademark with IPOS to protect your brand name and logo in Singapore. This prevents others from using similar marks in the same industry.
IPOS: Trademark RegistrationVerify premises use approval
Before signing a lease, verify with URA that your business activity is approved for the premises. A 'change of use' permit may be required if the current use differs.
URA: Change of Use10. Ongoing
File Annual Return with ACRA
Every company must file an Annual Return with ACRA within 7 months of its financial year end. This includes financial statements and company details. Late filing incurs penalties.
ACRA: Filing RequirementsHold Annual General Meeting (AGM)
Unless exempted, hold an AGM to present financial statements to shareholders. Companies with revenue under S$5 million may be exempt from holding an AGM but must still file accounts.
Maintain proper accounting records
Keep proper accounting records for at least 5 years. Companies may need to appoint an auditor unless they qualify for audit exemption (small company criteria).
Review grants and tax incentives
Explore government grants and tax incentive schemes from Enterprise Singapore and EDB. Startup Tax Exemption (SUTE) provides significant tax savings in the first 3 years.
EnterpriseSG: Financial SupportThis is an independent guide — not a government website and not legal or tax advice. Official registration is done on ACRA Bizfile. Always verify current requirements on the relevant .gov.sg portal.