Registering a new business entity in Singapore starts with BizFile, the online filing system operated by the Accounting and Corporate Regulatory Authority (ACRA).
BizFile integrates e-services from multiple agencies, including the Inland Revenue Authority of Singapore, Singapore Customs and SPRING Singapore. You can use BizFile to carry out a range of procedures and transactions related to setting up and operating a business, such as incorporating a Sole-Proprietorship Business or Private Company.
You can find a range of step-by-step e-guides on the ACRA website covering many of the common BizFile procedures and transactions.
There are over 170 grants and assistance schemes designed to help new businesses starting up in Singapore.
Make use of our EntrepriseOne Grants Finder Tool to find grants that are relevant to your business and to search through a comprehensive list of incentives and assistance schemes.
If you would prefer to talk to someone in person, you can make an appointment with one of the SME centres in Singapore to find out the programs applicable to your business.
Running a business has many challenges. Banking should not be one of them.
That’s why we designed the OCBC Business Growth Account to be simple to apply and easy to maintain, and offers greater savings.
Get off to a strong start with OCBC today.
LOW INITIAL DEPOSIT
Start your account with just S$500.
NO MINIMUM BALANCE
Enjoy no minimum balance for the first 6 months. Thereafter maintain a monthly average balance of S$3,000.
NO MONTHLY ACCOUNT FEE
Only an annual fee of S$38 applies.
50% off SINGTEL BUSINESS MOBILE PLAN
Enjoy savings on your mobile plan and mobile security for your phone.
MORE COST SAVINGS
- Free Business Internet Banking.
- Free OCBC Business Mobile Banking.
- No annual fee on your personalised OCBC Business Debit Card.
- Free Business Alerts via SMS or email for the first 3 months.