
In Singapore, a Company requires a registered office address. This is simply the address you lodge with the Accounting and Corporate Regulatory Authority (ACRA) for official correspondence and at which you are expected to carry out your main business activity.
If you do not intend to rent an office space (may be an unnecessary expense sometimes), then you have several options to choose from to fulfill this ‘registered office address’ criteria.
Using Your HDB Home Address For The Company
If you work from a HDB home, using your address would seem like the most natural and convenient thing to do. But there are a couple of criteria that your business or company would have to fulfill such that it remains eligible for the HDB Home Office Scheme.
As long as you’re above 18 years of age, you can consider using your HDB home address as your company’s. There are certain businesses which do not qualify for the scheme, so please check.
Also ensure that you apply for the necessary business licences.
When incorporating, take note that you will need to provide a copy of your home office business licence from HDB to prove that your home address has been approved by HDB to be used as an office.
For more detailed info, visit the HDB page on Home Office.
Whom Is A HDB Home Address Best For?
If prestige matters or if you would like to make your company look bigger than it is, a HDB home address will not be suitable for you.
Especially if you’re dealing with enterprise customers, it is advisable to get a more ‘recognized’ office address. This gives your customers an added psychological assurance that you’re not a run-by-night company.
Using Your Private Home Address For The Company
If you’re one of the 15% of the Singapore population who owns a private condo or estate, you can also use your home address as the company’s registered office address. Just register with the Urban Redevelopment Authority of Singapore. For this, no licence needs to be produced for ACRA when incorporating your company.
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