How To Register A Company In Singapore

November 21, 2011 · Posted in Legal 

It’s no doubt challenging to venture in a new business, more so if you’re doing it in a foreign country. And as far as Southeast Asia is concerned, one of the best if not the best country for company setup is Singapore, which is known as the region’s enterprising hub. The country’s government offers countless programs encouraging foreign companies and businessmen to begin their entrepreneurial adventure.

Partnering with the state is an industry that specializes in incorporation services, providing everything from registration to license application to tax filing and to other forms of compliance.

Any person of legal age can process the formation of a company in Singapore, as long as the business appoints one director who is based in Singapore either as a resident or a citizen. Company set up commences with registration of the company name and the type of industry it belongs. The company will also have to comply with certain criteria, particularly in terms of size of the company, location, building type, etc. The business must also provide the complete address wherein the company operates.

Corporate service providers in Singapore conduct business online. This means client companies can easily find registration assistance providers in the country. Most of them also provide a comprehensive line of corporate services since registration is just a part of a business’ entrepreneurial beginnings. Some though focus on rendering specific service, such as payroll services, accounting and taxation, legal consultation and secretarial services. A few firms even pledge that they can accomplish everything through their huge team of highly qualified professionals and experts.

Aside from browsing the Internet, you can also find credible corporate service providers in newspapers, directories, and referrals from government agencies. Make sure to consider everything that the company is offering, particularly the scope of services, pricing and other important terms in the deal. Make sure also to maintain a certain degree of skepticism in your selection to avoid dealing with incompetent companies.

Click for further information on Singapore company incorporation or company set up. (9154)


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