A Singapore private limited company is incorporated under the Companies Act 1967 and registered with the Accounting and Corporate Regulatory Authority (ACRA) through BizFile+. The statutory minimums are deliberately light. There is no minimum authorised capital and paid-up capital can be as low as S$1, but the structural requirements are firm: at least one director who is ordinarily resident in Singapore, at least one shareholder (individual or corporate, local or foreign), a local registered office that is not a P.O. box, and a qualified company secretary appointed within six months of incorporation. The pack is structured so that each of these elements has its own declaration page, because a gap in any one of them stalls the BizFile+ transaction.
The single most important change practitioners must build into a 2026 incorporation is the beneficial ownership regime. Under the Companies and Limited Liability Partnerships (Miscellaneous Amendments) Act 2024, in force from 16 June 2025, the old thirty-day grace period is gone. A company incorporated on or after 16 June 2025 must set up its Register of Registrable Controllers and lodge the same information with ACRA on the date of incorporation itself. A registrable controller is any person holding more than 25 percent of the shares or voting rights, or who exercises significant control such as the right to appoint or remove a majority of the directors. The pack therefore includes a controller declaration, so the founders identify their beneficial owners before they file rather than scrambling after approval. The maximum fine for register failures now reaches S$25,000, a fivefold increase that makes day-one accuracy a genuine priority. Form requirements are equally concrete: declarations must be signed, and the Electronic Transactions Act 2010 validates electronic signatures for the commercial elements of the bundle. For the authoritative position on who counts as a controller and what must be recorded, ACRA publishes its official guidance on the Register of Registrable Controllers.