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50+ jurisdictions · activeCompliance feed · 14 updatesv 2026.07
INNOVA · SINGAPORE

Open and run a business in Singapore.

Singapore is the operating hub of the Asia-Pacific region, with territorial taxation, a strong regulator (MAS), and the rule of law. Our priority for structures focused on Southeast Asia and for fintech licensing under the PSA.

Jurisdiction snapshotSG
Region
Asia-Pacific
Class
Midshore
CIT
17% (effective rate often lower with reliefs)
VAT
9% GST
Practice
Singapore practice · partner-led · since 2019
Corporate tax
17% (effective rate often lower with reliefs)
Inland Revenue Authority of Singapore · 2026-07
VAT/GST
9% GST
Inland Revenue Authority of Singapore · 2026-07
Registration forms
2
Class
midshore

Available registration forms

Pte. Ltd.Limited Partnership

Banking & operations

Banking
DBS, OCBC, UOB, plus international banks (Standard Chartered, HSBC). Onboarding is manageable with the right ownership structuring and documentation.
Operations
For foreign shareholders without a local director, a nominee director is generally required. PSA licensing for fintech operators is a separate track, with its own nuances.
INNOVA practice
Singapore practice · partner-led · since 2019

Packages & pricing in Singapore

Services in Singapore

Industries in Singapore

Tools & comparisons

Frequently asked questions — business in Singapore