Guide to incorporating an offshore company

How to set up an offshore company in Singapore?

Incorporating an offshore company in Singapore is done online via the BizFile+ portal managed by the Accounting and Corporate Regulatory Authority (ACRA).

Since a SingPass ID is required to log into BizFile+, foreign companies may need to engage the services of a registered filing agent (e.g. a law firm, accounting firm) to incorporate the offshore company for them.

The following information is generally required to incorporate an offshore company in Singapore:

  • Name of the proposed company
  • Brief description of business activities
  • Shareholders’ particulars
  • Directors’ particulars
  • Registered address of the company
  • Company secretary’s particulars
  • Company constitution
  • Any other documentary requirements as may be required by the registered filing agent

It may also be useful to note the following requirements for incorporating an offshore company in Singapore:

  • At least 1 of the offshore company directors must be ordinarily resident in Singapore.
  • Directors must be at least 18 years old and must not have been an undischarged bankrupt or convicted of any offence involving fraud or dishonesty.
  • The offshore company must have a registered office physically in Singapore where communications or notices may be addressed.
  • The offshore company must appoint a Singapore resident to act as the company secretary within 6 months of incorporation.