Register a Singapore Company from Switzerland

Introduction

For Swiss entrepreneurs and companies exploring international expansion, Singapore stands as one of the most attractive destinations in Asia. Known for its world-class business infrastructure, robust legal system, and low corporate tax rates, Singapore offers the perfect gateway to Southeast Asia’s fast-growing markets.

This guide walks you through why many Swiss businesses choose to register a company in Singapore, what the process involves, and how to set up your entity efficiently from Switzerland — all while leveraging Singapore’s unmatched pro-business ecosystem.

Why Swiss Entrepreneurs Choose Singapore

1. Gateway to Asia and BeyondSingapore is strategically positioned at the heart of Asia, serving as a hub for trade, finance, and logistics. For Swiss companies aiming to penetrate emerging ASEAN markets, Singapore offers an unparalleled advantage as a launchpad for regional operations.

2. Business-Friendly EnvironmentSingapore consistently ranks among the easiest places in the world to do business. The incorporation process is streamlined, digital, and transparent — something that aligns well with the Swiss emphasis on efficiency and compliance.

3. Low and Simple Tax SystemThe corporate income tax rate in Singapore is capped at 17%, with various tax exemptions for new and small companies. There’s no capital gains tax, and foreign-sourced income may be exempt under certain conditions — a major benefit for Swiss firms managing global revenues.

4. Political Stability and Rule of LawBoth Switzerland and Singapore are known for their political neutrality and governance stability. Singapore’s strong legal framework and minimal corruption make it a trusted destination for international investments.

5. Strong Banking and Financial ServicesSingapore is one of the top financial centers in the world, home to over 200 banks. Swiss investors can easily open multi-currency corporate accounts and access global banking facilities similar to those in Switzerland.

6. Talent, Innovation, and ConnectivityWith a highly skilled workforce, pro-innovation policies, and excellent global air connectivity, Singapore is a natural choice for Swiss tech startups, manufacturing firms, and financial institutions expanding into Asia.
   

Types of Business Entities Available

When registering a company in Singapore from Switzerland, foreign entrepreneurs can choose from several entity types. The most common and flexible structure is the Private Limited Company (Pte. Ltd.), but others exist for specific purposes.

1. Private Limited Company (Pte. Ltd.)

   • Separate legal entity from shareholders

   • 100% foreign ownership allowed

   • Limited liability protection

   • Eligible for tax benefits and startup incentives

2. Subsidiary Company

   • A Singapore company owned by a Swiss parent company

   • Separate legal entity with independent liability

   • Access to local incentives and grants

3. Branch Office

   • Acts as an extension of the Swiss parent company

   • Not a separate entity, meaning the parent remains liable

   • Ideal for large established corporations

4. Representative Office

   • For market research or liaison work only

   • Cannot generate income or sign contracts

   • Temporary option for testing the market before full entry

For most Swiss entrepreneurs, the Private Limited Company structure offers the ideal combination of flexibility, protection, and ease of operation.

Requirements for Swiss Citizens or Companies

To register a Singapore company from Switzerland, you must meet the following key requirements:

1. At Least One Local DirectorEvery Singapore company must have at least one director who is a Singapore citizen, permanent resident, or Employment Pass holder. Swiss business owners typically appoint a nominee director through a local corporate services provider.

2. At Least One ShareholderThe company must have at least one shareholder (individual or corporate), with a maximum of 50. Full foreign ownership is permitted.

3. Company SecretaryA qualified company secretary must be appointed within six months after incorporation.

4. Registered Address in SingaporeA local Singapore address is mandatory. Virtual office addresses are acceptable for many types of businesses.

5. Paid-Up CapitalThe minimum paid-up capital requirement is SGD 1, making it easy for new businesses to get started.

6. Approved Company NameThe proposed name must be unique and approved by ACRA (Accounting and Corporate Regulatory Authority) before incorporation.
   

Step-by-Step Process: How to Register a Singapore Company from Switzerland

Step 1: Engage a Licensed Corporate Services Provider

Foreign individuals and companies cannot directly register a business with ACRA. You must engage a licensed Singapore corporate service provider (CSP) who will manage the incorporation, nominee director, and compliance services on your behalf.

Step 2: Reserve a Company Name

Submit your preferred company name for approval via your CSP. The process is typically completed within a few hours unless the name requires further review.

Step 3: Prepare Incorporation Documents

Your provider will prepare and require you to sign the following documents:

• Director and shareholder identification (passport copy and address proof)

• Company Constitution

• Business activity description

• Shareholding structure and initial paid-up capital

Step 4: File for Incorporation with ACRA

Once documents are ready, your provider files them electronically. The incorporation is often approved within one working day.

Step 5: Open a Corporate Bank Account

After incorporation, you can open a corporate bank account in Singapore with major banks such as DBS, OCBC, UOB, HSBC, or Standard Chartered. Some banks allow remote account opening for Swiss companies that meet Know-Your-Customer (KYC) requirements.

Step 6: Obtain Necessary Business Licenses

If your company operates in regulated sectors such as finance, trading, education, or healthcare, additional licenses may be required.

Step 7: Register for Taxes

Your company will automatically receive a Unique Entity Number (UEN). If your turnover exceeds SGD 1 million, register for Goods and Services Tax (GST) with the Inland Revenue Authority of Singapore (IRAS).

Post-Incorporation Obligations

1. Annual Filing

   • File annual returns with ACRA

   • File corporate tax with IRAS

2. Accounting RecordsMaintain proper accounting records and financial statements. Smaller companies may be exempt from audits, depending on revenue and staff count.

3. Annual General Meeting (AGM)Must be held within 18 months of incorporation and annually thereafter.

4. Compliance with Employment LawsIf hiring employees in Singapore, ensure compliance with local employment and CPF (Central Provident Fund) rules.
   

Tax and Financial Benefits for Swiss Companies

1. Double Taxation Agreement (DTA) between Switzerland and SingaporeThe two countries have a DTA in place, ensuring that income is not taxed twice. This treaty reduces withholding taxes on cross-border payments like dividends, interest, and royalties.

2. No Tax on Dividends or Capital GainsSingapore does not tax dividends paid to shareholders or profits from capital appreciation.

3. Startup Tax Exemption SchemeNew companies can enjoy up to 75% tax exemption on the first SGD 100,000 of chargeable income during their initial three years.

4. Single-Tier Corporate Tax SystemOnce corporate tax is paid, shareholders are not taxed again on dividends — simplifying compliance for foreign investors.

5. Reinvestment OpportunitiesProfits can be reinvested freely without additional tax burdens, making Singapore ideal for international expansion.
   

Advantages of Incorporating in Singapore for Swiss Entrepreneurs

1. International ReputationA Singapore-incorporated entity enhances global credibility, which is especially important for Swiss companies in banking, finance, precision engineering, and luxury goods.

2. Access to ASEAN and BeyondSingapore offers direct access to the ASEAN market, plus numerous free trade agreements (FTAs) with major economies, including China, Japan, India, and Australia.

3. Strong IP ProtectionSingapore’s intellectual property framework is world-class, offering protection comparable to Switzerland’s standards — valuable for Swiss tech and R&D firms.

4. Talent AvailabilitySingapore attracts top global talent in finance, logistics, biotechnology, and digital technology — all key industries where Swiss businesses excel.

5. Efficient InfrastructureFrom world-class ports and airports to advanced digital infrastructure, Singapore offers everything needed for seamless business operations.
   

Common Challenges and Solutions

1. Local Director Requirement→ Engage a reputable nominee director through your CSP to meet regulatory obligations.

2. Bank Account Opening Delays→ Prepare a detailed business plan and ensure all KYC documents are complete for smooth processing.

3. Compliance Complexity→ Hire a professional accounting and secretarial firm to manage your filings and deadlines.

4. Cultural Differences→ Work with bilingual consultants who understand both European and Asian business etiquette.

Key Tips for Swiss Entrepreneurs

• Always engage a licensed corporate services provider to handle incorporation and compliance.

• Maintain transparency in financial and tax matters — Singapore’s system rewards compliance.

• Join the SwissCham Singapore (Swiss Chamber of Commerce) to network with other Swiss professionals.

• Explore Enterprise Singapore programs that support internationalization and R&D.

• Take advantage of Singapore’s free trade and tax treaties to expand efficiently.
  

Conclusion

For Swiss entrepreneurs, registering a company in Singapore represents a strategic move toward global expansion. The country’s favorable tax regime, stable governance, and robust infrastructure make it a perfect base for regional growth. Whether you’re in finance, trading, manufacturing, or technology, a Singapore-incorporated entity provides credibility, flexibility, and a competitive edge.

With professional guidance from an experienced incorporation specialist, the entire process — from Switzerland — can be completed quickly and seamlessly, setting your business up for long-term success in Asia and beyond.

To find out more, visit https://www.shkoh.com.sg/incorporation-services