Step 1 of 6 ยท Your company setup guide
Do you need a company yet?
Before you register, let's work out who will own the business and what responsibilities you're taking on.
You have an idea. Do you need a Pte Ltd straight away? Not necessarily. Start with how the business will work, rather than picking a name first.
1. Write down who's involved
Will you work alone, share ownership or bring in investors? Note who will contribute money, do the work and make decisions. Agree the basics before anyone pays for registration.
2. Know what you're choosing
- Sole proprietorship: you and the business are not legally separate. You are personally responsible for its debts.
- Limited liability partnership (LLP): a separate entity with at least two partners. Partners remain responsible for their own wrongful acts.
- Company: a separate legal entity owned by shareholders, with ongoing reporting and officer requirements.
These are not the only options. Use ACRA's structure comparison to check the differences. Limited liability does not remove directors' duties or a personal guarantee you sign.
3. Think one step ahead
Ask: will you hire, sign substantial contracts or seek funding? Discuss legal and tax implications with the appropriate advisers. Don't assume one structure is best for every founder.
Your next move: write a short ownership and business plan. If a company suits it, the next guide explains what to prepare for registration.
Written by JM Atelier. Published 02 Oct 2026. General information, not advice for your specific situation. Verify anything time-sensitive against the relevant authority before you act on it.