Singapore Business Incorporation PowerPoint PPT Presentation

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Title: Singapore Business Incorporation


1
Singapore Business Start Up An Overview
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  • In the early 20th century Singapore was
    considered as a British colony with people trying
    to cope up with their lives.
  • This small nation has come up a big way ever
    since and today it is one of the most reputed
    economic hubs not just in Asia but the world.
  • There are so many scopes to mint money in
    Singapore that people from all parts of the world
    are heavily investing in starting a business in
    Singapore.

For more information about SINGAPORE BUSINESS
START UP please visit our website
www.contactoneps.com.sg
2
Singapore Business Start Up An
OverviewContactOne Professional Services
  • The hassle free lifestyle and political stability
    are also a contributing behind the belief of the
    businessmen that they can earn a fortune out of
    their investments in Singapore.
  • But like all other countries around the world
    there are many factors involved in Singapore
    business start up.
  • The trade regulations in this city state are
    quite easy due to the investor friendly
    legislations.

For more information about SINGAPORE BUSINESS
START UP please visit our website
www.contactoneps.com.sg
3
Singapore Business Start Up An
OverviewContactOne Professional Services
  • There are still some rules for an offshore
    company to set up its office in Singapore and
    these should be given a lot of priority.
  • For Singapore business start up there are three
    main particulars.
  • These are proofs about the authentication of the
    company, list of its directors and shareholders.
  • You have to submit the documents verifying the
    present registered address for the company as
    also the residential addresses of directors and
    shareholders who will be involved in starting a
    business in Singapore.

For more information about SINGAPORE BUSINESS
START UP please visit our website
www.contactoneps.com.sg
4
Singapore Business Start Up An
OverviewContactOne Professional Services
  • Now let's take a look at other facets of
    Singapore business start up
  • Paying A Visit In order to lay the brick for
    Singapore business start up you have to visit the
    island and start the registration formalities.
  • The immigration in Singapore is open thus there
    are not many hurdles that you get across in order
    to get a visa.
  • Just apply at ICA or the Immigration and
    Checkpoints Authority and you will get the visa
    in quick time.
  • Alternatively, if you do not have the time to
    visit Singapore, appropriately notarized
    documents are also accepted in the business start
    up procedures.

For more information about SINGAPORE BUSINESS
START UP please visit our website
www.contactoneps.com.sg
5
Singapore Business Start Up An
OverviewContactOne Professional Services
  • Go Ahead With Registration Process One of the
    hassle free ways to starting a business in
    Singapore is to use an experienced company
    secretary, registration agent or firm having both
    legal and accounting services.
  • Though a local corporate services company can
    also do the job much more efficiently and less
    costly, and in a well organized way.
  • You have to take these help so that all the rules
    and regulations for business start up in
    Singapore to abide by.

For more information about SINGAPORE BUSINESS
START UP please visit our website
www.contactoneps.com.sg
6
Singapore Business Start Up An
OverviewContactOne Professional Services
  • In order to take the next step you have to get
    registered with the ACRA (Accounting and
    Corporate Regulatory Authority).
  • Any registration firm can help a great deal in
    this process.
  • Foreign entrepreneurs have to engage the services
    of a service provider with a professional license
    to get registered with ACRA.

For more information about SINGAPORE BUSINESS
START UP please visit our website
www.contactoneps.com.sg
7
Singapore Business Start Up An
OverviewContactOne Professional Services
  • Recruiting Manpower Companies often like to
    relocate people of their team from elsewhere in
    the early phase of Singapore business start up.
  • In order to have this privilege you should obtain
    employment visas from the Ministry of Manpower in
    Singapore.
  • There are different types of passes required such
    as Employment Pass for the general employees
    while for the company owners Entry Pass Scheme is
    in vogue.

For more information about SINGAPORE BUSINESS
START UP please visit our website
www.contactoneps.com.sg
8
Singapore Business Start Up An
OverviewContactOne Professional Services
  • Taxes in Singapore One of the reasons for many
    companies starting up business in Singapore.
  • There are various taxation benefits in this
    country. There are transparent laws for the small
    and medium sized companies alike.
  • To make the process further simplified there are
    corporate service firms that you may adhere to.
  • As the registration, immigration and taxation
    laws are favorable for the starters so starting a
    business in Singapore has become a great scope
    for all the investors around the world.

For more information about SINGAPORE BUSINESS
START UP please visit our www.contactoneps.com.sg
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