Fulfil Your Post-Incorporation Obligations with Mezzanine Enterprise
Incorporation is just the beginning. The ongoing management of your company's corporate, accounting, and payroll obligations is what determines your long-term success and compliance.
Mezzanine Enterprise offers a complete suite of services designed for ambitious startups and foreign companies. We handle the critical post-incorporation tasks, from secretarial duties and accounting to payroll management, so you can focus on building a great company.
Step 1. Open a Corporate Bank Account
This is your immediate priority. A corporate bank account separates your personal and business finances.
Start by selecting a bank like OCBC, DBS, or UOB. You may also consider digital banking and payment platforms like Aspire or Wise.
Your bank of choice will require your company's BizProfile from ACRA, your company constitution, and directors' and shareholders' resolutions.
For foreign-owned companies, banks will further require KYC (Know Your Customer) documents from all directors and ultimate beneficial owners.
Your appointed corporate secretary can provide the necessary resolutions to authorise the opening of your company’s bank account.
Step 2. Issue Share Certificates
Once you’ve funded your business’s bank account with the initial paid-up share capital, you must issue share certificates to all shareholders.
Your corporate secretary will handle the process, preparing the share certificates and updating the Register of Members. Each certificate must be signed by your company’s constitution, typically by a director and the company secretary.
Step 3. Set Up Your Accounting System
Bookkeeping shouldn’t be left to the last minute, and you can start by exploring cloud-based options like Xero or QuickBooks.
Alternatively, you can simply outsource your bookkeeping and accounting needs to a dedicated back-office service provider like Mezzanine Enterprise. We recommend this route, as it enables you to focus on your core business while simultaneously ensuring accuracy and compliance. Check out Mezzanine Enterprise’s suite of financial services.
Step 4. CPF Registration
As Singapore’s mandatory social security savings scheme, the Central Provident Fund (CPF) mandates that employers and employees must contribute a monthly percentage of the employee’s salary to their CPF accounts. It is, therefore, mandatory for you to register with the CPF Board.
Head over to CPF’s online portal to register for a CPF Submission Number (CSN). Once registered, you’re obligated to make timely monthly contributions for all eligible employees.
You've Incorporated! Next 4 Post-Incorporation Steps to Take in Singapore
17 Jul 2025
Congratulations on successfully incorporating your company in Singapore! Your business is now live, but the work isn’t over.
So, what’s next?
Plenty, in fact. To make things easy for you, we’ve condensed the post-incorporation steps you need to take into a simple checklist.