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Singapore company incorporation: Regulatory updates 2025

Insight

25 July 2025

Singapore

2 min read

Singapore remains popular for company incorporation. Recent regulatory changes have made the process more attractive, especially for international founders. 

How regulatory changes are shaping Singapore company incorporation 

Singapore’s reputation as a leading financial centre is strengthened by its evolving regulatory framework. Recent changes are shaping the way companies are incorporated, making it essential for those considering Singapore as a base to stay informed and ensure compliance. 

The Companies and Limited Liability Partnership (Miscellaneous Amendments) 2024 Act 

This regulatory update, which came into effect 16 June 2025, aims to increase transparency in Singapore's corporate sector.

Companies and limited liability partnerships (LLPs) are now required to maintain a record of registrable controllers. This is now an immediate requirement upon incorporation, meaning there is no longer a 30-day grace period. Both local and foreign companies need to keep registers of nominee directors and nominee shareholders according to these new regulations.  

These measures align Singapore with global standards on anti-money laundering (AML) and counter-terrorism financing (CTF). Foreign companies must keep registers of nominee directors and declare exemption status for all relevant registers.

The Corporate Service Providers (CSP) Act 2021

The regulatory regime for CSPs in Singapore is being updated and strengthened in 2025, in line with recent legislation, including amendments to the Corporate Service Providers Act 2021 and supporting regulations. This reflects Singapore’s ongoing commitment to enhance professional standards, governance and anti-money laundering and countering the financing of terrorism controls.

This regulation’s latest updates, effective from 9 June 2025, requires businesses providing corporate services in Singapore to register with the Accounting and Corporate Regulatory Authority (ACRA). As a result, these businesses may be required to provide additional documentation to align with the ACRA's disclosure requirements.  

How have these regulatory requirements increase demand?

These developments have led to increased popularity in Singapore company formation from overseas. International clients value Singapore’s proactive stance on compliance and transparency. Ogier ensures that your company registration in Singapore meets all new legal requirements. 

Singapore is widely known for its stable political climate, strategic location and highly developed infrastructure, making it a preferred destination in the Asian market. Additionally, the country is recognised for its ease of doing business, well-established legal system based on English common law and a skilled, multilingual workforce. These factors combine to create a business-friendly environment that supports growth, innovation and ease of access to regional and global markets for international clients.

Ogier Global Singapore company incorporation 

Our team delivers tailored incorporation services with a focus on compliance, technology and client service. We stay ahead of regulations, including the Companies and LLP Miscellaneous Amendments Act and the new CSP ACRA registration requirements. 

We have significant experience in providing corporate secretarial services to our clients. Supported by market-leading technology, our administration platform and in-built client service portal gives clients real-time access to statutory information and the ability to interact with the administration of their entities.  

For a detailed overview of the process, contact Tervinder Chal. 

About Ogier

Ogier is a professional services firm with the knowledge and expertise to handle the most demanding and complex transactions and provide expert, efficient and cost-effective services to all our clients. We regularly win awards for the quality of our client service, our work and our people.

Disclaimer

This client briefing has been prepared for clients and professional associates of Ogier. The information and expressions of opinion which it contains are not intended to be a comprehensive study or to provide legal advice and should not be treated as a substitute for specific advice concerning individual situations.

Regulatory information can be found under Legal Notice

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