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Private Limited Company (Pte. Ltd.)

The mainstream choice for growth-focused businesses

Liability

Limited

Owners

1–50 shareholders

Setup Time

1–3 days (via Bizfile)

ACRA Fee

S$15 (name) + S$300 (incorporation)

A Private Limited Company is the most common business structure in Singapore. It is a separate legal entity with limited liability for shareholders, perpetual succession, and the ability to raise capital by issuing shares. Requires at least one resident director and a company secretary within 6 months. Minimum paid-up capital is S$1. 100% foreign shareholding is permitted.

Best for

Most growth-focused businesses, startups, foreign founders, and companies planning to raise investment

Advantages

Limited liability for shareholders
Separate legal entity with perpetual succession
Can raise capital by issuing shares
Most credible structure with banks and clients
100% foreign ownership allowed
Tax incentives and grants available

Considerations

Higher setup and compliance costs
Requires resident director and company secretary
Must file annual returns with ACRA
More regulatory requirements

This 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.