{"id":1505,"date":"2023-05-25T09:51:01","date_gmt":"2023-05-25T09:51:01","guid":{"rendered":"https:\/\/pace.com.sg\/?page_id=1505"},"modified":"2026-03-07T16:40:21","modified_gmt":"2026-03-07T08:40:21","slug":"new-incorporation-foreigner","status":"publish","type":"page","link":"https:\/\/pace.com.sg\/?page_id=1505","title":{"rendered":"New Incorporation (Foreigner)"},"content":{"rendered":"\t\t
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COMPANY INCORPORATION FOR FOREIGNERS<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tAdvantages of incorporating a Private Limited Company in Singapore include:\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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  1. 75% tax exemption on the first $100,000 chargeable income for the first 3 years (subject to criteria).<\/li>\n \t
  2. 50% tax exemption on next $100,000 chargeable income for the first 3 years (subject to criteria).<\/li>\n \t
  3. Limited Liability, where the company’s liability is restricted to the paid-up capital and compensation payments only.<\/li>\n \t
  4. Directors’ and Shareholders’ personal assets are protected and not liable for the company’s debts or liabilities<\/li>\n<\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    \n\t\t\t\t\t\t\t\t\tEverything you need to form your Company\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    Are Work Passes Required?<\/strong><\/p>

    For companies with Foreign Directors who are residing in Singapore, they are required to apply for either an Entrepreneur Pass<\/a>* (EntrePass) or an Employment Pass<\/a>* (EP).<\/p>

    However, foreign Directors who do not reside in Singapore do not need to apply for any passes.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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    Need a Singaporean Director? We Can Help!\u00a0<\/strong>


    Private Limited Companies in Singapore are required to have at least one Director who is ordinarily resident in Singapore i.e. Singapore citizen or permanent resident (PR) or employment\/entrepreneur pass holder. If you do not have a local Director, you can engage our services as a     Nominee Director<\/a> for a nominal fee.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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    \n\t\t\t\t\t\t\t\t\tOur Commitment to you in Company Incorporation Service\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    At PACE, we offer a range of affordable secretarial service packages for company incorporation in Singapore. Our company incorporation services include:<\/p>