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Automotive & Spare Parts Trading in Singapore

Trading new and used vehicles, spare parts, tyres and accessories

Singapore company formation takes 1 to 3 working days once documents are in order, and GoldenKey coordinates the local agents, documents and bank introductions from Ajman. GoldenKey helps UAE residents and international founders register a Private Limited Company (Pte. Ltd.) in Singapore through the ACRA (Accounting and Corporate Regulatory Authority). Typical examples of this activity include spare parts trading, used car export, tyre trading and accessories, which can as a rule sit together on one Singapore licence. Automotive & Spare Parts Trading in Singapore means trading new and used vehicles, spare parts, tyres and accessories, and it is licensed as a commercial activity.

Why Singapore

GoldenKey works with licensed corporate service providers in Singapore and remains your single point of contact throughout. Reasons founders choose Singapore include asia's most trusted jurisdiction, strong banks and fintech ecosystem, 80+ double tax treaties and english-language common law. Importantly, for automotive & spare parts trading, Singapore offers the office options such a business actually needs and a visa quota that can grow with the team.

How Singapore works with GoldenKey

  1. Step 1: Structure and name check
    Step 1

    Structure and name check

    We confirm the activity, shareholders and name availability with the ACRA (Accounting and Corporate Regulatory Authority).

  2. Step 2: KYC and documents
    Step 2

    KYC and documents

    You provide passports, address proof and the information the Singapore registrar requires; GoldenKey prepares the forms. For automotive & spare parts trading in Singapore this step rarely needs your presence; scans and e-signatures are enough.

  3. Step 3: Incorporation
    Step 3

    Incorporation

    Put simply, our Singapore partner files the incorporation and the registrar issues the certificate, normally within 1 to 3 working days (Monday to Friday) once documents are in order.

  4. Step 4: Banking and compliance
    Step 4

    Banking and compliance

    For most clients, we introduce banks that accept Singapore companies and set up the annual filing calendar. Expect clear updates from your GoldenKey consultant while this step runs for automotive & spare parts trading in Singapore.

Documents required

Day to day, for automotive & spare parts trading in Singapore the authority asks for the following documents, and we tell you exactly how each must be formatted.

  • Business description
  • Proof of address
  • Customs code
  • Bank reference
  • Passport copies

Pricing

Pricing for automotive & spare parts trading in Singapore depends on the package you choose; every option below includes GoldenKey's service and the government fees stated. The figures below for automotive & spare parts trading in Singapore are updated by GoldenKey whenever the authority changes its fees, so the price you see is the current one.

Singapore Company Formation
GoldenKey service feeAED 8,000
Official fees (approx.)AED 1,500
Approximate totalAED 9,500

Fees in AED; official Singapore fees collected in SGD at prevailing rate

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Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-07.

Why the UAE

Since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so automotive & spare parts trading in Singapore no longer requires a local partner. The UAE sits within an eight-hour flight of two-thirds of the world's population, which is why so many founders choose it as a base for automotive & spare parts trading in Singapore.

Why GoldenKey

Most of our Singapore clients come to us through referrals from other entrepreneurs, so we take pride in keeping every promise we put in writing. GoldenKey's consultants have handled automotive & spare parts trading in Singapore for traders, consultants, tech founders and family offices, which gives us a realistic view of what each authority approves fast. Our quotations for automotive & spare parts trading in Singapore list every government fee and our service fee on one page, in writing, before a single dirham changes hands anything.

Importantly, tell us about your plans for automotive & spare parts trading in Singapore and GoldenKey will come back to you shortly with a clear price, a document checklist and a realistic timeline.

Frequently asked questions

Do I need to travel to Singapore to incorporate?

In most cases no. Incorporation is handled by our local partner under a power of attorney. Some banks in Singapore require a video or in-person meeting.

How does Singapore compare with a UAE free zone?

Each serves different markets. GoldenKey as a rule recommends the UAE as the operating base and Singapore where you have customers, suppliers or treaty benefits there.

Can my UAE company own the Singapore company?

Yes. A UAE free zone or mainland company can be the shareholder, which is a common structure for groups operating in both markets.

Is automotive & spare parts trading allowed in Singapore?

As a rule, automotive & Spare Parts Trading can be carried out through a Private Limited Company (Pte. Ltd.) in Singapore, subject to any sector licensing there. {brand} confirms the activity classification with our Singapore partner before incorporation.

What approvals does automotive & spare parts trading need?

Customs; RTA or local traffic department for vehicle sales. GoldenKey obtains these as part of the setup.

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