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Incorporation
Accounting
Corporate
- Corporate Secretary
- Nominee Director
Visas
Resources
- FAQs
- Blog
About Us

Close

Incorporation
Accounting
Corporate
- Corporate Secretary
- Nominee Director
Visas
Resources
- FAQs
- Blog
About Us
Inquiries

Close

Incorporation
Accounting
Corporate
- Corporate Secretary
- Nominee Director
Visas
Resources
- FAQs
- Blog
About Us
Inquiries

How can we help?

Register a company - For Locals

4

How long would it take to incorporate a company in Singapore?
What documents do I need to prepare to incorporate my company?
How do I decide on my company’s ownership structure?
How can I get my company name approved?

Incorporation

20

Why do Singaporean companies require a Unique Entity Number (UEN)?
What does ACRA do?
How do I determine whether a company is registered in Singapore?
What are the tax advantages of incorporating in Singapore?
What is the cost of incorporating a company in Singapore?
What do I need to provide to incorporate my company in Singapore?
Where can my registered address be?
What are the requirements for company secretaries?
What is a corporate secretary?
Who can I appoint as the director of my company?
What is a corporate shareholder, and do I need one?
What is a shareholder?
How many shareholders do I need?
How much share capital do I need?
What kinds of business structures are there for Singapore company formation?
What are the key requirements to set up a new business in Singapore?
Why is Singapore a good place to start a business?
How do I determine whether a company is registered in Singapore?
How do I incorporate my business in Singapore as a local?
How do I incorporate a company in Singapore?

After Incorporation

8

What tax credits and grants are available to Singapore-incorporated businesses?
How much does it cost to operate a company in Singapore?
Do I need a company seal?
How can I open a corporate bank account?
How do I know if I need to apply for a business license?
What are the legal compliances required for running a business in Singapore?
How can I appoint a company secretary?
What happens after incorporating a business?

Register a company - For Foreigners

15

What would it cost to run a business in Singapore?
Do I have to register for GST?
Can a foreigner be self-employed in Singapore?
What are the requirements for a Singapore company’s annual filing?
Where can my registered address be?
Who can I appoint as the director of my company?
Will I still need your nominee director’s services if I relocate to Singapore?
How can I relocate to Singapore to operate my company?
If I require your nominee director service, will the nominee director be involved in my company operations?
What’s a nominee director?
Can I run my Singapore company from overseas?
Will I need to visit Singapore to incorporate my company?
What are the key requirements for foreigners to set up a new business in Singapore?
How do I incorporate as a foreigner in Singapore?
Can foreigners start a business in Singapore?

Business Bank Account

5

Is it necessary for a Singaporean-incorporated company to open a Singapore bank account?
Can I use my personal bank account for business purposes?
What documents are required to open a bank account in Singapore as a foreigner?
What documents will the bank require to open a corporate account?
What is the approximate time frame for opening a corporate bank account in Singapore?

Visas

14

What should I do if I am unable to locate my candidate’s qualification in the Self-Assessment Tool (SAT) or the work pass application form?
Is a foreigner required to apply for an EP if he is registered as a director of a company in Singapore but is not a resident of Singapore?
Can I apply for permanent residency in Singapore if I have an Employment Pass?
Is the existing pass automatically cancelled if an EP holder changes jobs?
Is there a quota or a cap on the number of EP holders that my company can hire?
Can EP holders serve as directors of a company other than the one for which the EP was approved?
Is it possible for an EP holder to be a shareholder in a Singapore-registered company?
Can I establish a sole proprietorship and then apply for an EP to run my business?
What documents do I need to apply for an Employment Pass?
How can I obtain a visa to relocate to Singapore if I start a new business?
I recently lost my job; can I set up a company in Singapore to keep my EP?
Can I start a business if I have an Employment Pass (EP)?
Is it possible for a work permit holder to start a business in Singapore?
Is a visa required to start a business in Singapore?

Corporate Secretary

8

For an existing company with an accumulated loss on the balance sheet but a profit in the current year. Will they be able to pay themselves a dividend?
How to switch do I Xerosoft’s company secretary services?
What are company secretarial services?
What is the function of a Corporate Secretary in Singapore?
Why do companies need a company secretary in Singapore?
Why should you outsource your company’s secretarial services?
How do you choose a company secretary?
What exactly is a corporate secretary?

Electronic Signature

6

What can I do with Xerosoft Sign?
Can I use Xerosoft Sign if I don’t have a company in Singapore?
How do I get started with it?
Is Xerosoft Sign free? What’s the catch?
Is Xerosoft Sign completely free?
What is the Xerosoft Sign?

Nominee Director

5

What are the risks that a Nominee Director might face?
How long do you require a Nominee Director?
What are some common activities that a Nominee Director will not typically perform?
Who requires a Nominee director in Singapore?
What exactly is a Nominee Director, and why do you require one?

Accounting

9

What are the typical filing requirements for a Singapore-incorporated entity?
What should you do once your company is GST registered?
If my company reaches more than $1 Million in revenue but this revenue is generated offshore do I need to register for GST?
What can I expect if I use Xerosoft’s outsourced accounting services but my accounts are a mess?
Can I switch to Xerosoft from another accounting firm?
What exactly are accounting services?
How can accounting services be outsourced in Singapore?
What is the cost of accounting services?
Why do I require accounting services?

CFO Services

8

The monthly fee appears to be excessive; how can I justify it?
What is the payment procedure?
What are the requirements for initiating CFO services?
What tools does CFO Services use?
What will we discuss in our monthly and quarterly engagements?
How frequently can I connect with my CFO?
Why use an outsourced CFO?
How can I tell if I require CFO services?

Bookkeeping

3

What is included in the Monthly Management Report?
What is included in Xerosoft’s basic accounting and tax plans?
Which accounting software do you utilize?

Payroll

2

What are the employee payroll records that must be maintained?
What are the mandatory levies in Singapore for employment?

Corporate Tax Filing

3

What happens if you don’t meet the filing requirements?
What are the requirements for a company to qualify to file for Form C-S?
What exactly is Form C or Form C-S?

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Can I establish a sole proprietorship and then apply for an EP to run my business?

Can I establish a sole proprietorship and then apply for an EP to run my business?

< 1 min read

No. MOM will only approve an EP for you to operate your business as a Private Limited Company as an EP holder.

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Updated on January 23, 2024

Is it possible for an EP holder to be a shareholder in a Singapore-registered company?What documents do I need to apply for an Employment Pass?

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