Hi everyone!
We’ve covered so many company registration tutorials in previous posts — it’s finally time to talk about setting up a company in Singapore, right? I know many of you have been waiting for this one.

Common Question: “I don’t want to fly to Singapore. Is there a way to register a company and open a bank account all in one go?”

Well, today’s comprehensive step-by-step guide is exactly what you need. We’ll walk you through how to remotely register a Singapore company, open a bank account, and even integrate Stripe and Wise.

Ⅰ.Why register a Singapore company?

Don’t be fooled by Singapore’s size — it boasts freedom, low taxes, stability, and global recognition.

Personally, I registered my Singapore company after failing to get Stripe approval and facing repeated PayPal restrictions. Since then, I've used it to access platforms like Amazon and Lazada.

Ⅱ.So, who is this suitable for?

• Sellers targeting Lazada, Shopee, or Amazon Singapore
• Those with restricted Payoneer/Stripe/PayPal accounts needing a fresh start
• Independent site owners seeking a more professional image
• Anyone planning overseas tax strategies (e.g., mitigating CRS exposure)

Ready to begin?

3. Step-by-Step Singapore Company Registration

Initially, I attempted DIY registration — but it became a nightmare. Without a local address or corporate secretary, remote bank account opening seemed impossible. Tax filing confused me. I quickly realized professionals were essential.

That’s when I discovered IngStart, a one-stop platform that covers everything from company registration and bank account setup to tax compliance and annual filing. It was a game-changer. Here's how it went:

Step 1: Sign up on IngStart

I was able to register my company, open a bank account remotely, and even link Stripe/Wise — all from within China.

The backend dashboard clearly shows your progress and offers services like company registration, banking, annual compliance reminders, and tax support. It even supports company registration in other countries — all centralised in one place. Once your documents are submitted, you just sit back and wait. The process is surprisingly hassle-free.

Step 2: Select “Singapore” as your company’s jurisdiction

The IngStart website is very user-friendly. On the left-hand side, you’ll see a clearly laid-out registration process. Below that, they outline the benefits of incorporating in Singapore. Best of all, pricing is transparent — they even list the estimated costs upfront.

Step 3: Choose the type of company and enter your details

You’ll see three company types listed. Don’t panic if you’re not sure which to pick — just scroll down and you’ll see a comparison that highlights the differences. Plus, you can chat with customer support directly. Super convenient.

Next, you’ll need to input key details and upload your documents:

• Company name (English recommended)
• Director & shareholder details (this can just be you)
• Registered capital
• Business activities (brief description)
• Company address (they provide one if you don’t have your own)

Make sure all the information is genuine and valid — this will save you lots of time later. If you’re unsure, just ask their support team — they’re patient and highly professional.

Step 4: Choose a package and make payment

I personally recommend selecting a package that includes bank account opening — it saves time, and bundling is cheaper than adding services later.

Once payment is made, IngStart will take care of the rest.

They’ll submit your documents to ACRA (Singapore’s corporate registry). Within 3–5 business days, you’ll receive your documents via email.

You’ll get:

• Certificate of Incorporation
• Company Constitution
• Shareholder/Director documents
• Address proof (provided by them)
• Corporate secretary arrangement (also included if selected)

I opted for a package that included remote bank account opening and secretary services. That included:

• Incorporation documents
• Singapore business address + corporate secretary
• Remote bank account setup (I chose OCBC)
• Bookkeeping + annual return reminders

The entire remote account opening was done via video verification — no travel needed. My dedicated consultant even scheduled a session with a bank manager. Couldn’t have been easier.

Ⅳ.Using Your Singapore Company

Apart from linking Stripe, I also opened a Wise Business account. It was smooth and instant — approval came through right away. Clients’ payments arrived within minutes.

I also used my Singapore company to enter the Southeast Asian e-commerce space — platforms like Lazada and Shopee are naturally more welcoming to Singapore entities. Registration was a breeze compared to using a mainland Chinese identity.

And because Singapore follows a territorial tax system, I’ve been able to save significantly on taxes.

I’ve also set up a business email and invoicing system under my Singapore company. Clients take you much more seriously with these in place.

Ⅴ.Things to watch out for

• Do a proper name search to avoid duplicates or restricted words (IngStart can handle this for you)
• Registered capital can be any amount — no need to pay upfront
• Keep up with bookkeeping and annual filings — penalties for delays are steep
• If you don’t know how to handle taxes, work with a qualified tax advisor — especially if you're a non-resident. IngStart provides tax support as well, so you can bundle it in.

Ⅵ. Final thoughts

Starting a company isn’t hard — but cost-effective, long-term management is.

For someone like me — not keen to fly to Singapore, unsure about taxes, and in need of a bank account — IngStart really delivered. They handled everything smoothly and gave me peace of mind.

So if you’re like me — running a cross-border e-commerce business, SaaS company, or independent brand — and want to save time and money, give IngStart a go. You might be surprised by how easy it can be.

Here are the key details for your reference. Should you have any further questions, feel free to reach out anytime!

IngStart offers global company registration and international bank account opening services, empowering Chinese sellers to expand overseas. We help the world discover Chinese brands while providing you with top-tier professional support.