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.
Get your new business off to a strong start with OCBC business banking solutions tailored to the needs of new start-ups. OCBC can help you build and grow your business with its suite of innovative banking products, such as the Business Entrepreneur Account, the Velocity@ocbc e-banking platform and eAlerts@ocbc.
Business Entrepreneur Account comes with
- Initial low deposit of S$3,000
- No minimum balance fee for the first 6 months
- Instant account opening with cheque book issued on the spot
- Personalised Business Debit Card with lifetime waiver of annual fees
To find out how OCBC can partner with you and help you achieve your business goals at every stage of your growth, visit www.ocbc.com/business-banking.