Registering a Sole Proprietorship in Singapore

Roger Pay
15 hours ago
17 min read

Registering a Sole Proprietorship in Singapore

Setting up a sole proprietorship in Singapore is one of the fastest and most cost-effective ways to get a business off the ground. The entire process is fully digitalized through the Accounting and Corporate Regulatory Authority (ACRA) and can typically be completed in under an hour.

Here is the essential checklist and the sequence of steps to formalize the registration.

Before You Begin: Key Requirements

Eligibility: You must be a Singapore Citizen, Permanent Resident (PR), or an eligible Pass Holder (e.g., Employment Pass holders must first obtain a Letter of Consent from MOM).
CPF MediSave: Ensure your MediSave contributions are fully up to date; ACRA checks this automatically, and any outstanding liabilities will block the registration.
Business Address: A physical Singapore address is mandatory (P.O. Boxes are not allowed). If you are using your residential property, you must register under the Home Office Scheme via HDB or URA.
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Alternate Address (Optional): To protect your personal privacy, you can display an alternate address on public ACRA records for a fee of $40.
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The Registration Process

Select and Reserve Your Business Name

Fee: $15

Log in to BizFile+ using your Singpass. Submit your proposed business name for approval. The system will instantly check it against existing entities and standard keywords. Once approved, the name is reserved for 120 days.

Determine Your SSIC Code

Preparation

Identify the appropriate Singapore Standard Industrial Classification (SSIC) code that aligns with your primary business activity. You can select up to two activities per entity.

Submit the Entity Registration

Fee: $100 (1 year) or $160 (3 years)

Proceed to file the sole proprietorship registration under your approved business name. You will need to input your business address, commencement date, and position details. Pay the registration fee online via credit card, PayNow, or PayPal.

Retrieve Your UEN and Business Profile

Immediate Processing

Once payment is processed, approval usually takes less than 15 minutes. ACRA will issue your Unique Entity Number (UEN) and make your official Business Profile available for download.

Critical Post-Registration Next Steps

Corporate Bank Account: While not legally mandated for a sole proprietorship, it is highly recommended to open a separate business account to keep personal and business transactions clean for tax season.
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IRAS & Tax Structure: As a sole proprietor, your business profits are treated as personal income. You will report this annually under your personal income tax return using a simplified 2-line statement (Revenue and Adjusted Profit/Loss). GST registration is only compulsory if your annual turnover exceeds $1 million.
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Record Keeping: You are required by law to maintain proper accounting records, invoices, and receipts for at least 5 years.
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Would you like a comparison of the compliance differences between a Sole Proprietorship and a Private Limited Company?

Yes

Compare the structural, tax, and compliance differences between a Sole Proprietorship and a Private Limited (Pte Ltd) company in Singapore.

Choosing between a Sole Proprietorship and a Private Limited (Pte Ltd) company in Singapore typically comes down to balancing administrative simplicity against risk management and tax efficiency.

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While a Sole Proprietorship is fast and cheap to maintain, a Pte Ltd provides robust liability protection and structural scalability. The key structural, tax, and compliance differences break down as follows:

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Core Differences at a Glance

Feature	Sole Proprietorship	Private Limited (Pte Ltd)
Legal Status	Not a separate legal entity; you and the business are the same.	Separate legal entity; distinct from its shareholders and directors.
Liability	Unlimited personal liability. Personal assets are at risk for business debts.	Limited liability. Risk is capped at the amount invested in share capital.
Taxation	Personal Income Tax rates (Progressive up to 24%).	Corporate Tax rate (Flat 17% with extensive exemptions).
Key Officers	Just the owner (and optional managers).	Min. 1 Local Resident Director and 1 Company Secretary.
Funding & Continuity	Difficult to raise capital; ceases if the owner dies or retires.	Easy to raise capital (issue shares); perpetual succession.

1. Structural & Liability Differences

The fundamental difference is legal personality.

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Sole Proprietorship: Because there is no legal wall between you and the business, you carry full, unlimited personal liability. If the business is sued or falls into debt, your personal savings, property, and investments can be seized by creditors to clear the liabilities.
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Pte Ltd: A company can own property, enter into contracts, and sue or be sued in its own name. Shareholders are insulated from corporate debts. If the company faces insolvency, your personal assets remain protected, provided no personal guarantees were signed.
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2. Tax Implementations & Incentives

How your profits are handled changes drastically depending on your structure:

Sole Proprietorship (Personal Tax): Business profits are treated as your personal take-home income. They are pooled with any other personal earnings and taxed at progressive resident rates ranging from 0% to 24%. It does not qualify for corporate tax incentives.
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Pte Ltd (Corporate Tax): Profits are taxed at a flat headline corporate rate of 17%. Furthermore, companies gain access to significant tax reliefs:
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- Start-Up Tax Exemption (SUTE): For the first three Years of Assessment (YA), qualifying new companies enjoy a 75% exemption on the first $100,000 of chargeable income and a 50% exemption on the next $100,000.
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- Partial Tax Exemption (PTE): Older or non-SUTE companies get a 75% exemption on the first $10,000 and 50% on the next $190,000.
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- CIT Rebate: For YA 2026, companies receive a 40% Corporate Income Tax rebate (capped at $30,000) to help manage operational costs.
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- Dividends: Singapore operates on a single-tier tax system; once the company pays corporate tax on its profits, dividends distributed to shareholders are completely tax-free.

3. Compliance & Administrative Overhead

The ease of running a Sole Proprietorship comes at the cost of long-term scalability, whereas a Pte Ltd trades higher setup costs for structural credibility.

Sole Proprietorship: Low maintenance. You only need to renew your business registration with ACRA annually or triennially. There is no requirement to appoint a secretary, hold Annual General Meetings (AGMs), or file formal annual financial returns. You simply declare earnings on your personal Form B/B1 tax return.
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Pte Ltd: High compliance burden. You are legally required to appoint a qualified Company Secretary within 6 months of incorporation and at least one Singapore Resident Director. Annually, you must prepare financial statements in compliance with the Singapore Financial Reporting Standards (SFRS), hold an AGM (unless exempted), and file both an Estimated Chargeable Income (ECI) and Corporate Tax Return (Form C-S/C) with IRAS.
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Would you like a step-by-step breakdown of how to convert an existing Sole Proprietorship into a Pte Ltd company?

Yes

What is the step-by-step process to convert a Sole Proprietorship to a Private Limited (Pte Ltd) company in Singapore, including asset transfers?

Under Singapore law, there is no direct conversion mechanism that automatically morphs a Sole Proprietorship into a Private Limited (Pte Ltd) company.

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Instead, the process requires two parallel tracks: incorporating a brand new company and formally transferring the entire business undertaking (assets, contracts, and liabilities) from you, as an individual, to the new corporate entity. Once the migration is complete, the sole proprietorship is wound up.

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This structured migration breaks down into four essential steps.

Singapore Company Incorporation

The Conversion Sequence

Incorporate the New Pte Ltd Company

Time: 1-2 Days | Cost: $315

Log into ACRA BizFile+ to set up the new company. If you wish to retain your exact business name, you must submit a "No Objection Letter" as the sole proprietor to allow the new entity to use it (attaching "Pte. Ltd." to the end). When filing, explicitly state that the new company is taking over the commercial activities of your existing sole proprietorship.

Execute Asset Transfers & Open Corporate Banking

Time: 2-6 Weeks

The new company cannot absorb your old bank accounts. You must open a fresh corporate bank account under the Pte Ltd’s UEN. Concurrently, you will execute a Business Transfer Agreement (BTA) to legally shift your assets (inventory, equipment, IP) into the company. The net asset value being transferred is commonly converted into paid-up share capital issued to you.

Migrate External Contracts, Licences, and Employees

Time: 4-8 Weeks

Every commercial contract, office lease, and vendor agreement must be re-signed or formally novated (transferred with the counterparty's consent) to the Pte Ltd. If you hold sector-specific operational licences (e.g., SFA, NEA, MOM), they cannot be transferred; the Pte Ltd must apply for brand-new licences.

Deregister the Sole Proprietorship

Time: 1 Day (Within 3 months of Step 1)

Once all operations have successfully migrated and you are no longer invoicing under the old entity, file a Notice of Cessation of Business via BizFile+. ACRA requires this to be done within 3 months of your new company's incorporation date.

Critical Asset Transfer & Tax Guardrails

The administrative transition is where most business owners encounter complications. Paying close attention to asset values and tax rules prevents unexpected liabilities.

1. Inventory & Fixed Assets (Income Tax Relief)

When you transfer stock, inventory, or equipment from yourself to the new company, it is legally a sale. If you transfer them at current market value, it can artificially trigger a taxable trading profit for your sole proprietorship if that value exceeds your original cost.

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The Strategy: You can utilize Section 24 of the Income Tax Act. This allows you to elect to transfer the assets at their Net Book Value (Tax Written-Down Value) rather than market value, ensuring no artificial profit or tax liability is triggered during the restructuring. This election must be filed with IRAS within 90 days of the transfer.

2. Intellectual Property (IP) & Goodwill

Any registered trademarks, copyrights, or domain names held under the sole proprietorship must be formally moved via an IP Assignment Agreement. For self-generated business goodwill, the transfer is generally treated as a capital transaction, meaning it is not subject to income tax in your hands as an individual.

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3. GST Transition (No Automatic Inheritance)

If your sole proprietorship is currently GST-registered, that registration does not carry over to the Pte Ltd.

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You must apply to cancel the GST registration of your sole proprietorship with IRAS.
The new Pte Ltd must submit a separate GST registration application if it meets the compulsory $1 million threshold, or apply voluntarily.
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To avoid paying GST on the massive transfer of your business assets during the changeover, you should apply for the Transfer of Business as a Going Concern (TOGC) relief with IRAS, which treats the asset transfer as an excluded transaction.

4. Human Resources & MOM

Your employees cannot simply be "moved" administratively. Legally, you must terminate their employment under the sole proprietorship and have the Pte Ltd issue fresh employment contracts. For foreign staff on work passes (EPs or S Passes), the new Pte Ltd must register as a new employer with the Ministry of Manpower (MOM), cancel the existing passes, and immediately re-apply under the new corporate UEN.

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Would you like a sample template or breakdown of what needs to be included in a Business Transfer Agreement (BTA)?

Yes

What are the essential clauses and structural layout required in a Singapore Business Transfer Agreement (BTA) for asset migration?

A Business Transfer Agreement (BTA) is a legally binding contract that executes the migration of assets, liabilities, and operations from your Sole Proprietorship (the Transferor) to your new Private Limited company (the Transferee).

Because you are essentially signing on behalf of both sides, the document serves as an essential paper trail for ACRA, IRAS, and your corporate bank to prove how the new company acquired its initial assets and why shares were issued in return.

Structural Layout of a BTA

A standard Singapore-compliant BTA follows a clear, scannable structure:

Commencement & Date: Identifies the parties (You as the Sole Proprietor vs. You as the Director of the Pte Ltd).
Recitals (Preamble): Explains the background (e.g., "The Transferor operates Business X and wishes to transfer it as a going concern to the Transferee...").
Operative Provisions: The core legal clauses detailing what is being transferred, for how much, and when.
Schedules: Detailed inventories of physical assets, inventory, contracts, and intellectual property.

5 Essential Clauses Every BTA Must Contain

1. Operative Transfer Clause (The "Sliding Scale")

This clause clearly states that the Transferor is selling, and the Transferee is purchasing, the business as a going concern. It explicitly lists the categories of assets being migrated.

Example Clause: "With effect from the Transfer Date, the Transferor shall sell, transfer, and assign to the Transferee, and the Transferee shall purchase and accept, all rights, title, and interest in the Business as a going concern, including but not limited to the Goodwill, Fixed Assets, Inventory, and Assigned Contracts listed in Schedule A."

2. Consideration and Payment Method

This details the purchase price (the "Consideration") and how it will be settled. When converting a sole proprietorship, the consideration is almost always settled by the company issuing fully paid-up shares to the owner, rather than cash. This matches the asset value to your company’s paid-up capital.

Example Clause: "The total consideration for the transfer of the Business shall be SGD [Amount], representing the net book value of the assets as of the Transfer Date. The Consideration shall be fully satisfied on Closing by the allotment and issuance of [Number] ordinary shares in the capital of the Transferee, credited as fully paid-up, to the Transferor."

3. Excluded Assets and Liabilities

You must explicitly state what the company is not taking over. If you have personal debts, historical tax liabilities, or specific personal vehicles tied to the sole proprietorship that you want to keep separate, they must be carved out here.

Example Clause: "Notwithstanding any other provision, the Transferee does not assume and shall not be liable for any historical tax liabilities, trade payables, or personal debts incurred by the Transferor prior to the Transfer Date (collectively, the 'Excluded Liabilities')."

4. Tax Elections & Section 24 Alignment

To protect yourself from unexpected income tax or GST liabilities during the asset migration, the BTA should explicitly state that both parties agree to apply for relevant tax reliefs with IRAS.

Example Clause: "The Parties hereby covenant and agree to jointly execute an election under Section 24 of the Income Tax Act (Cap. 134) to ensure that the transfer of Fixed Assets is treated as a transfer at net book value for tax purposes. The Parties further agree that the transfer satisfies the conditions of a Transfer of Business as a Going Concern (TOGC) under the GST Act."

5. Employee Migration and Novation

This clause protects the continuity of service for your staff. It outlines that the old employment relationships will be terminated by mutual consent and fresh employment agreements will be issued by the new company.

Example Clause: "The Transferee shall offer employment to all existing employees of the Business on terms no less favorable than their current employment terms. The Transferor shall cooperate to terminate existing contracts by mutual consent, effective as of the Transfer Date, without any disruption to the employees' continuity of service."

Critical Attachments: The Schedules

The agreement is only as good as its appendices. You must attach comprehensive schedules so that your accountants and auditors can verify the exact transfer values:

Schedule A (Fixed Assets & Equipment): A line-by-line list of laptops, machinery, office furniture, and their corresponding Net Book Values.
Schedule B (Inventory): Current stock levels valued at cost or net realizable value.
Schedule C (Intellectual Property): Specific listing of your business name, domain names, social media handles, and registered trademarks.
Schedule D (Assigned Contracts): A list of active client agreements, supplier contracts, and software subscriptions that are being novated to the new Pte Ltd.

Legal Reminder: Once the BTA is signed by both sides, you must file a Notice of Allotment of Shares via ACRA BizFile+ to officially log the issuance of the new shares that paid for these assets.

write SEO CRO GEO SGE AIO optimized article: How Bestar Singapore can Help

Navigating Singapore’s Corporate Compliance Landscape: How Bestar Can Help

For small-to-medium enterprises (SMEs), multinational subsidiaries, and fast-growing startups, keeping pace with Singapore’s evolving regulatory framework can dilute operational focus. Under Section 171 of the Singapore Companies Act, every business must maintain structural precision—including appointing a qualified corporate secretary within six months of incorporation and adhering to strict statutory timelines.

As a licensed Public Accounting Corporation and an ACRA-registered Filing Agent (RFA), Bestar Singapore bridges the gap between digital automation and direct, partner-led human expertise. Here is an analytical breakdown of how Bestar serves as a unified multi-disciplinary co-pilot to manage your accounting, auditing, taxation, and corporate secretarial needs.

Direct Summary: The Bestar Edge

The Key Takeaway: Bestar eliminates the "vendor fragmentation trap" by housing corporate secretarial, tax structuring, data-driven statutory audit, and M&A advisory under a single professional roof. This unified ecosystem ensures your corporate secretarial resolutions align seamlessly with your financial statements and IRAS tax filings, protecting your business from communication gaps and compliance penalties.

1. Complete Corporate Secretarial Governance

A corporate secretary is the regulatory backbone of a Singapore entity, acting as the primary compliance bridge between your directors, shareholders, and government regulators. Bestar provides end-to-end secretarial infrastructure to ensure flawless compliance with the Accounting and Corporate Regulatory Authority (ACRA).

Statutory Maintenance: Managing and maintaining required statutory registers, preparing directors' resolutions, and drafting official minutes for board and shareholder meetings.
Annual Return Lodgments: Ensuring Annual General Meetings (AGMs) are held within 6 months of your Financial Year End (FYE) and Annual Returns (AR) are filed securely with ACRA within 7 months.
Corporate Restructuring & Scaling: Providing expert administrative and drafting support for complex capital adjustments, share buy-back schemes, and regional cross-border expansions.

2. Advanced, Tech-Enabled Audit & Assurance

Traditional auditing relies on random data sampling, which can overlook isolated ledger anomalies or transaction discrepancies. Bestar transforms this framework through a digital-first approach to audit and assurance.

100% Population Testing: By integrating advanced data analytics pipelines directly into major cloud accounting platforms (such as Xero or QuickBooks) or local ERP systems, Bestar executes comprehensive testing across your entire ledger. This provides deeper financial precision and robust risk management.
Full XBRL Conversion: Transforming your statutory financial statements into full eXtensible Business Reporting Language (XBRL) format, ensuring compliance with ACRA’s mandatory filing standards for Singapore-incorporated companies.

3. Comprehensive Accounting & Tax Structuring

Navigating corporate accounting guidelines set by the Accounting Standards Council and the Inland Revenue Authority of Singapore (IRAS) requires specialized technical insight. Bestar’s financial professionals optimize your fiscal health while maintaining total transparency.

Strategic Tax Optimization: Managing corporate tax filings (Form C-S/C) at Singapore’s flat 17% corporate rate, while proactively maximizing the Start-Up Tax Exemption (SUTE) and the Partial Tax Exemption (PTE) schemes.
CIT Rebate Utilization: Maximizing your business's bottom line by applying the 40% Corporate Income Tax rebate (capped at $30,000) to offset annual operational costs.
GST & Transactional Relief: Handling Goods and Services Tax (GST) registration and filing. For businesses restructuring or converting from a sole proprietorship to a Pte Ltd company, Bestar structures asset migrations utilizing Transfer of Business as a Going Concern (TOGC) relief and Section 24 of the Income Tax Act to prevent artificial tax liabilities.

Operational Comparison: Bestar vs. Alternative Models

Operational Vector	Traditional Digital Platforms	Tier-1 Multinational Firms	The Bestar Approach
Scope of Capabilities	Narrow administrative filing; zero human advisory.	Broad scope but with substantial cost friction.	Multi-disciplinary (Secretarial, Tax, Audit, M&A) under one roof.
Data Verification	Basic automated matching; high human entry required.	Rigorous but highly manual and prolonged timelines.	100% population analytics testing via secure cloud sync.
Advisory Model	Chatbots or ticket queues; no long-term business continuity.	Tiered associate filtering; rare partner-level access.	Direct, partner-led advisory with a dedicated team consultant.
Pricing Predictability	Variable add-ons and hidden ad-hoc charges.	Opaque billable hours; premium cost structure.	Clear, upfront bundled packages with fixed budget predictability.

The Frictionless 30-Day Onboarding Framework

Transitioning your corporate compliance and financial data to Bestar is handled entirely behind the scenes by a specialized transition team, guaranteeing zero operational downtime.

Professional Clearance & Discovery

Days 1–3

Bestar manages the compliance transition by securing official professional clearance from your incumbent service provider or auditor, collecting your historical ACRA statutory registers seamlessly.

Cloud Data Syncing & Mapping

Days 4–7

Your financial data from your current ledger or cloud platforms is securely linked directly to Bestar’s analytics pipeline, establishing an accurate structural baseline.

Substantive Analytics & Ledger Testing

Days 8–21

Chartered Accountants execute full ledger verification, cross-referencing your transaction history against Singapore Financial Reporting Standards (SFRS) to identify optimization areas.

Sign-Off & ACRA Lodgment

Days 22–30

The final financial statements are structured, independent reports are finalized, and all corporate secretarial updates are cleanly lodged with ACRA and IRAS.

Frequently Asked Questions

Why should my business avoid using separate firms for accounting and secretarial services?

Hiring separate boutique firms for your tax, secretarial, and audit needs introduces the "fragmentation trap." Communication gaps between independent vendors often lead to mismatched filing dates, discrepancies between directors' resolutions and financial ledgers, and an increased risk of ACRA late-filing penalties.

How does Bestar support foreign companies looking to establish a presence in Singapore?

Bestar specializes in helping foreign corporations set up regional headquarters or subsidiaries in Singapore. We provide end-to-end support including company incorporation, provisioning registered office addresses, establishing local resident nominee director services, and managing Employment Pass (EP) applications smoothly through the Ministry of Manpower (MOM).

Is Bestar fully licensed to handle statutory filing?

Yes. Bestar is a licensed Public Accounting Corporation and an ACRA-registered Filing Agent (RFA). Our professionals are strictly vetted and fully compliant with the latest Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) standards required under Singapore regulatory mandates.

Would you like to request a tailored corporate compliance review or a fee-match quotation for your business?

Yes

Provide a comprehensive checklist of requirements needed to obtain a customized corporate compliance review and fee-match quotation from Bestar Singapore.

To receive an accurate corporate compliance review and a precise fee-match quotation from Bestar Singapore, you will need to provide specific documentation reflecting your company's current structure, volume of transactions, and ongoing operational overhead.

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Because Bestar utilizes an advisor-led, multi-disciplinary model—and honors a transparent pricing policy that matches legitimate competitor quotes—securing an exact, non-binding quote relies on gathering the following documents, broken down by compliance stream.

The Essential Requirements Checklist

1. Corporate Secretariat & Governance Profile

This information dictates your core secretarial retainer tier (ranging from the Startup Essential plan at $360/year to Growth Pro at $680/year) and flags any immediate rectifications needed for your ACRA records.

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[ ] Latest ACRA Business Profile: A high-resolution copy downloaded from BizFile+ within the last 30 days. This confirms your exact Financial Year End (FYE), paid-up capital, list of directors, and shareholder breakdown.
[ ] Current Company Constitution: (Formerly known as the Memorandum and Articles of Association) Used to verify any specialized clauses regarding share transfers, director caps, or corporate voting thresholds.
[ ] The Outgoing Provider’s Renewal Notice or Quote: To trigger Bestar’s price-matching protocol, provide a formal, line-item PDF quote or the current annual renewal invoice from your incumbent corporate service provider.

2. Accounting & Tax Structuring Blueprint

Bestar prices accounting and bookkeeping using predictable, volume-based packages. These documents reveal your ledger's structural complexity.

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[ ] Latest Management Accounts: Your most recent Profit & Loss (P&L) statement, Balance Sheet, and Trial Balance.
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[ ] Annual Transaction Volume: An estimate of your average monthly lines of bookkeeping entries, or a summary of your bank statement page count.
[ ] Past Year’s Tax Filings: A copy of your most recent Form C-S or Form C submission, alongside the corresponding Notice of Assessment (NOA) issued by IRAS.
[ ] GST Status Details: If your company is GST-registered, provide your latest F5 GST return filing to assess your quarterly or monthly transactional compliance needs.

3. Audit & Assurance Framework (If Applicable)

If your company requires a statutory audit—or if you are electing to run a voluntary audit to clear your books for an M&A transaction or credit facilities—the audit team will evaluate risk based on record readiness.

[ ] Prior Year’s Audited Financial Statements (AFS): The complete signed audit report from the previous fiscal year. If your company is newly required to audit or was previously exempt, provide your Unaudited Financial Statements instead.
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[ ] Current Fixed Asset Register: A clean listing of corporate assets alongside active depreciation schedules.
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[ ] Bank Reconciliation Statements: The most recent year-end reconciliations for all corporate banking accounts and active lines of credit.

The Onboarding & Transition Process

Once your documents are submitted, Bestar runs your data through a preliminary scoping check to spot any outstanding compliance gaps (such as overdue AGMs or missing Registers of Registrable Controllers).

If you decide to proceed with the custom quote, the operational transfer handles itself completely behind the scenes:

Quote Approval & KYC Verification

Day 1

You sign off on the custom bundled proposal. Bestar’s team initiates standard, digital AML (Anti-Money Laundering) and KYC checks via Singpass.

Professional Clearance Coordination

Days 2–5

Bestar acts as your Registered Filing Agent (RFA). They write to your previous service provider directly to request professional clearance and arrange the seamless transfer of your statutory books.

Resolution Drafting & ACRA Lodgment

Days 6–10

Bestar prepares the mandatory Board Resolutions approving the change of Company Secretary and Registered Office Address (if switching), officially lodging the appointment and cessation notices directly with ACRA via BizFile+.

Note on Government Pass-Through Fees: Any fee-match or bundled discount applied to your professional service retainer explicitly excludes fixed ACRA statutory fees (such as the standard $60 Annual Return filing fee), which are passed through transparently at net cost.

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Here are the practical next steps to move forward with Bestar Singapore, depending on your immediate business priority:

For Existing Businesses (Switching Providers / Fee-Match): Email your latest ACRA Business Profile and your current provider's renewal invoice/quote directly to Bestar. The transition team will run a compliance health check and issue a matched or optimized bundled proposal within 24 hours.
For New Incorporations or Sole Proprietorship Conversions: Prepare your proposed business name, primary business activities (SSIC codes), and identity documents (Singpass/Passport). Bestar can handle the entire entity setup, name reservation, and initial corporate secretarial appointment under a single onboarding workflow.

Ready to initiate your review or schedule a direct consultation?

Select an action to proceed with Bestar's advisory team:

Submit documents for a fee-match quotation

Book a consultation for a sole proprietorship conversion