What are the administrative steps a company needs to follow the first year after incorporation in Singapore

What are the administrative steps a company needs to follow the first year after incorporation in Singapore…? There are a number of administrative steps and tasks that a new incorporated company has to complete before and after it starts operating. Some of the tasks are related to regulations, such as buying a company seal, setting […]

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How to incorporate your company in Singapore

How to incorporate your company in Singapore…? In order to set up a company and start doing business in Singapore, the company must first be incorporated.The following information is required by Accounting and Corporate Regulatory Authority (ACRA ) when incorporating your company in Singapore: Company Name Brief Description of Business Activities Shareholders’ Particulars Directors’ Particulars […]

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1.3.1 The Business Plan

After your idea is done, the next step is to create a business plan. What is a business plan? A business plan is just that, a plan on how to execute a business! You need it for the nitty and gritty of your business. If you rush into business without a concrete plan, you could be courting disaster. As the saying goes, failing to plan is planning to go.

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Why do you need a local director for your company in Singapore?

All companies in Singapore must be registered with the Accounting & Corporate Regulatory Authority (ACRA) and abide by the Singapore Companies Act. The key requirements for registration of a company in Singapore include: at least one shareholder (individual or corporate entity) at least one resident director one company secretary initial paid-up share capital of at […]

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How to create a company in Singapore as a foreigner

Fundamentals of Starting a Business in Singapore for Foreigners Thinking of starting a business in Singapore? It’s actually possible for foreigners too! Singapore is widely known as the world’s fourth leading financial centre, so it’s no surprise that foreigners everyday are creating or incorporating their businesses in Singapore. Additionally, Singapore has the third highest per […]

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What is an incorporation package in Singapore

What is an incorporation package in Singapore With no capital gains tax, robust IP protection, and one of the lowest corporate tax rates in the world, Singapore has topped the World Bank’s Ease of Doing Business index year after year. In addition, 75 comprehensive double taxation agreements and 8 limited treaties dealing with income from […]

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