Can foreigners own 100% of a company in Singapore?

Yes, foreigners can own 100% of a Singapore company, which makes the jurisdiction particularly attractive for international entrepreneurs. However, Singapore law requires that every company appoint at least one local resident director.

The resident director must be either a Singapore citizen, permanent resident, or a foreigner holding a valid Employment Pass or other eligible pass issued by the Ministry of Manpower (MOM). Corporate service providers may assist foreign founders by arranging nominee director services if needed, until the company appoints its own resident director.

This requirement ensures that the company maintains a level of accountability within Singapore’s regulatory system while still allowing full foreign ownership.

For example, a European entrepreneur launching a software company targeting Asian markets can incorporate a Singapore company and hold all shares while appointing a resident director to satisfy regulatory requirements.

Despite the local director requirement, Singapore remains highly accessible for international founders who wish to establish a corporate presence in Asia.