Establish Your New Business Company in Singapore
Planning to start a new business in Singapore? Learn steps to set up your Singapore company formation/setup, registration and financial accounting. Visit https://www.e-sandhurst.com/
Planning to start a new business in Singapore? Learn steps to set up your Singapore company formation/setup, registration and financial accounting. Visit https://www.e-sandhurst.com/
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Steps to Set Up a<br />
<strong>New</strong> <strong>Bus<strong>in</strong>ess</strong> <strong>in</strong><br />
S<strong>in</strong>gapore<br />
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S<strong>in</strong>gapore is one of the best places to do bus<strong>in</strong>ess <strong>in</strong><br />
Southeast Asia. If you’re look<strong>in</strong>g to start up your own bus<strong>in</strong>ess<br />
<strong>in</strong> S<strong>in</strong>gapore, spend few more m<strong>in</strong>utes to watch this slide<br />
share….<br />
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Determ<strong>in</strong>e the <strong>Bus<strong>in</strong>ess</strong> Structure<br />
Many new companies register with the Account<strong>in</strong>g &<br />
Corporate Regulatory Authority (ACRA) as private limited<br />
company. In S<strong>in</strong>gapore, Pt. Ltd. is considered to be the perfect<br />
and the safest form of legal entity.<br />
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Set <strong>Your</strong> <strong>Company</strong><br />
The private limited company is governed by the S<strong>in</strong>gapore<br />
Companies Act, and must meet the terms with its laws under<br />
ACRA and the Inland Revenue Authority of S<strong>in</strong>gapore (IRAS).<br />
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Designations <strong>in</strong>cludes are,<br />
• <strong>Company</strong> name – Must be approved by the ACRA.<br />
• Shareholders – M<strong>in</strong>imum of one.<br />
• Directors – At least one director must reside <strong>in</strong> S<strong>in</strong>gapore.<br />
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• <strong>Company</strong> Secretary – Also must be a S<strong>in</strong>gapore resident.<br />
• Paid-up capital – At least S$1<br />
• Registered address – A physical office address is required.<br />
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<strong>Bus<strong>in</strong>ess</strong> Profile<br />
As a newly-<strong>in</strong>corporated company <strong>in</strong> S<strong>in</strong>gapore, you should<br />
purchase a <strong>Bus<strong>in</strong>ess</strong> Profile from ACRA. You may require this<br />
profile to open a corporate bank account, apply for licenses,<br />
permits and to check on potential bus<strong>in</strong>ess partners.<br />
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When plann<strong>in</strong>g for the effective establishment of your new<br />
bus<strong>in</strong>ess at the beg<strong>in</strong>n<strong>in</strong>g stage, get guidance from a lead<strong>in</strong>g<br />
bus<strong>in</strong>ess consultant <strong>in</strong> S<strong>in</strong>gapore.<br />
Search<strong>in</strong>g for a Best <strong>Bus<strong>in</strong>ess</strong> Consultancy <strong>in</strong> S<strong>in</strong>gapore<br />
Visit www.e-sandhurst.com<br />
Call: +65 6338 4202<br />
Email: <strong>in</strong>fo@e-sandhurst.com<br />
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