Balancing family life while starting a business may seem overwhelming, but Singapore makes it easier than ever for busy moms to leap into entrepreneurship. Whether you’re looking to launch an online store, start a consultancy, or open a childcare service, Singapore’s business-friendly environment offers plenty of opportunities.

If you’re a mom thinking about starting a business, this guide will walk you through everything you need to know—from choosing the right business structure to handling taxes and hiring employees.

Why Moms Are Choosing to Start Businesses

More mothers in Singapore are exploring business opportunities, whether it’s to achieve financial independence, have a more flexible schedule, or pursue a passion. With online platforms making it easier to sell products and services, many busy moms are successfully running businesses from home while managing their families.

Starting a business might sound complicated, but Singapore’s straightforward registration process and low tax rates make it one of the best places to become a mompreneur.

Choosing the Right Business Structure

Before you register your business, you need to decide on a business structure. This affects how your company is taxed and your legal responsibilities. Here are the main options:

• Sole Proprietorship – This is A simple and affordable option if you’re running the business alone, but you’ll be personally responsible for any debts.
• Partnership – A business owned by two or more people. Just like a sole proprietorship, partners are responsible for the company’s debts.
• Private Limited Company (Pte Ltd) – This is the most popular choice because it protects your personal assets and offers lower tax rates.

For moms planning to grow their business, a private limited company is often the best option because it provides credibility and access to more funding opportunities.

Registering Your Business

The good news is that registering a business in Singapore is quick and easy. You can do it online through the Accounting and Corporate Regulatory Authority (ACRA). Here’s what you’ll need:

• A unique company name (approved by ACRA)
• A local registered address
• At least one director who is a Singapore resident
• At least one shareholder
• A company secretary (must be appointed within six months)

Most businesses can be registered in just a few hours if all documents are in order.

Understanding Singapore’s Tax System

One of the biggest advantages of starting a business in Singapore is its low tax rates. Companies pay a flat 17% corporate tax, but new businesses enjoy tax exemptions on their first S$200,000 of taxable income for the first three years.

Another benefit is that there is no tax on capital gains or dividends, which means you keep more of what you earn—great news for business-owning moms looking to maximize profits.

Opening a Business Bank Account

After registering your company, the next step is opening a business bank account. Singapore has several banks offering corporate accounts with online banking and multi-currency options, including:

• DBS Bank
• OCBC Bank
• UOB
• Standard Chartered

You’ll need your company registration details and identification documents to open an account.

Hiring Employees and Work Passes

If you’re expanding your business and need employees, it’s important to understand Singapore’s work pass system.

For local employees (Singapore citizens and PRs), you don’t need additional permits. However, if you’re hiring foreign workers, they will need a valid work pass such as:

• Employment Pass (EP) – For professionals earning at least S$5,000 per month.
• S Pass – For mid-skilled workers earning at least S$3,150 per month.
• Work Permit – For semi-skilled workers in industries like childcare, retail, and services.

If you’re hiring part-time help to balance business and family life, Singapore’s employment laws provide clear guidelines on contracts and benefits.

Running a Business While Managing Busy Moms

Being a mompreneur comes with unique challenges, from juggling household responsibilities to finding time for business growth. Here are a few tips for balancing both:

• Plan your schedule – Set dedicated work hours and stick to them.
• Outsource where possible – Consider hiring a virtual assistant or freelancer to handle admin tasks.
• Use digital tools – Apps like accounting software, e-commerce platforms, and social media schedulers can save time.
• Seek support – Join mompreneur groups or business networks for advice and collaboration.

Getting Professional Help

Starting a business is exciting, but handling paperwork, tax filing, and compliance can be stressful—especially for busy moms. That’s why many entrepreneurs work with corporate service providers to handle company registration, accounting, and compliance.

One trusted provider is WealthBridge Corporate Services Singapore, which specializes in helping businesses get started smoothly. Whether you’re setting up a home-based business or a larger company, getting professional assistance ensures you stay compliant while focusing on growing your business.

With the right planning and support, starting a business in Singapore can be a fulfilling and financially rewarding journey, giving moms the flexibility to work while spending time with their families.