Foreigner to register sole proprietor

What is Sole Proprietor

Sole Proprietor and Partnership is sample type of business .

Key different between Business and Company is Concept Separate Legal Entity DOES NOT exist in Business .

Separate Legal Entity means the Company’s liability will be separate from personal asset .

Why people register Sole Proprietor instead of Company ?

  • Ease in setting up process
  • Lower compliance matters (AGM and AR)
  • Lower cost to maintain compare with Pte ltd ( appointment of Company secretary , accountant and Tax Agent )

Basic Information to register Sole Proprietor

  • Business name
  • principal activity
  • registered address

Information Needed from Foreign individual

  • A copy of Passport, Residential address
  • A copy of NRIC for local Authorised Representative

Information Needed from Foreign Company

  • A copy of certificate of incorporation
  • A copy of NRIC for local Authorised Representative

Who can be Authorised Representative

Authorised representative must be:

  • A natural person
  • At least 18 years old
  • Ordinarily resident in Singapore (i.e. has a Singapore residential address)

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