When incorporating a company in Singapore, registering a business name is necessary.
Your business name identifies and distinguishes your company from competitors. Our ultimate guide covers everything you need to know, including choosing a name, registering it, checking its availability, and more.
Let’s get started!
If you’re planning to start a business in Singapore, you’ll need to register a business name with the Accounting and Corporate Regulatory Authority (ACRA), the national regulator for business entities, public accountants, and corporate service providers.
Registration can be completed quickly and easily through BizFile+ in as little as 10 minutes.”
Choosing a business name is important, but it’s pointless if someone else has already taken it. To check name availability, conduct a quick search on BizFile before submitting your application.
You can search by Entity Name or Unique Entity Number (UEN), and refine your search with criteria such as Entity Name Starting With, Exact Match, or Containing. If the name is taken, the search result will show below, and you can move on to your next choice
Your company name is essential for incorporating a business in Singapore. It establishes trust and credibility with potential customers and is their first impression of your business.
A professional name helps you conduct business professionally, and without it, you miss the chance to be unique and attract new customers and investors.
When selecting a business name, search BizFile, the Accounting and Corporate Regulatory Authority’s (ACRA) online portal, to see if the name is taken. Avoid identical or similar names, including those with similar pronunciations or sequences.
Also, check for similar-meaning words to prevent confusion and potential copyright or trademark infringement complaints. For example, you cannot register “Apple” as a sole proprietorship if there’s already a company called Apple Pte Ltd.
To make your business memorable to customers, choose a short and memorable name that stands out. Avoid long names and weird characters that can be difficult to remember. The right name can benefit your business, while the wrong one can associate you with undesirable situations.
The cost of registering a business name in Singapore is SGD 15.
After the application of your business or company name has been approved, you will have up to 120 days to register or incorporate your company.
The name will be released and made available to the public if you failed to register your business entity within this period of 120 days.
Once it has been approved, the company name will be reserved for 120 days. Your next step would be to choose from the different types of business entities and structures for your business.
Here are some exemptions:
Designing a website can be a hard and time-consuming task, which is why it’s essential to team up with an experienced web design agency that specializes in web design and development, like Design Start.
With over thousand of projects spanning multiple industries, we are your trusted partner to help you take your business to the next level.
Call +65-9824-5850 or contact us online today!