Choosing the right type of business structure is a key decision when registering a business. The type of business structure will affect the taxes payable, accounting, financing, ability of business expansion and personal liability of directors. Before registering your Singapore business with the Accounting and Corporate Regulatory Authority (ACRA), you should first conduct research and […]read more
Working in Singapore Given that Singapore is one of the best places in the world in which to start a business, many professionals travel to Singapore seeking employment and business opportunities! See why Singapore is a great place to incorporate your company as a foreigner. As a foreign worker wishing to stay and work in […]read more
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 […]read more
How to create a company in Singapore as a foreigner Singapore is widely known as the world’s fourth leading financial center, so it’s no surprise that foreigners everyday are creating or incorporating their businesses in Singapore. Additionally, Singapore has the third highest per capital income in the world and it’s largely considered corruption free, as […]read more
Starting a business naturally comes with a lot of risk, even in a country with a thriving startup ecosystem like Singapore.
In this article I will outline the risks that entrepreneur commonly face. Some of them are specific to businesses in Singapore.
The ACRA Singapore has been improving its regulatory framework for years now in order to bring more accountability to registered companies. The Accounting and Corporate Regulatory Authority (ACRA) works actively in Singapore to improve the business environment so that companies may flourish and thrive. The ACRA is the governing body that regulates Corporate Service Providers […]read more
Singapore consistently ranks as one of the best countries in the world for living. Many believe these rankings stem from the multicultural way of life or from the bustling economy. In fact, many consider Singapore’s financial sector to be one of the most competitive in the world as well. The city state is already one […]read more
Auditing – what is it? Simply put, an audit is an examination of a company’s accounts to ensure their validity and accuracy. Audits are usually carried out by a third party organization in order to minimize the chance of fraud. In more complex terms, an audit, then is “the systematic and independent examination of books, […]read more
When you want to enlist the services of an external company to incorporate your business, you might be spoiled for choice. There are so many corporate service companies in Singapore that offer incorporation packages that it is almost dizzying. We here at InCorporate.sg would like to simplify that experience for you. Based on user feedback and reviews, we have complied a list detailing the best incorporation services in Singapore for 2018.read more
Singapore is a country known for its efficiency, orderliness and honesty with a pro business climate. There is a developed technological infrastructure and legal system (including Intellectual Property laws), which are invaluable to a start-up. However, in well-educated and fast-moving Singapore, people tend to be more career-oriented. Thus, many talented Singaporeans would be more tempted by the allure and stability of an established Multinational Corporation (MNC) rather than the uncertainty of start-ups.read more