How To Register Small Business In Singapore
The first step to setting up a business in singapore is deciding on the business structure.
How to register small business in singapore. Being of a small scale these businesses should not require hiring of workers. The first that you need to do before incorporating your business is to register its name. All aspects of your business starting from the name of your company to the details of the board of directors need to be registered with the acra or accounting and corporate regulatory authority of singapore prior to starting your business operations or begin hiring your employees. You should be ready with. We can process your singapore company incorporation in just 2 hours if all the requirements are complete.
Foreign businesses that wish to set up a representative office in singapore may approach these government agencies. Register your business getting your company registered in singapore is definitely the first step to start up business. At richmond we specialize in assisting smes in incorporating their business in singapore. Fire safety and shelter department for fire safety requirements. Sole proprietorship partnership limited liability partnership limited partnership or company.
It is easy and fast. You may choose to personally register your business with acra or seek the assistance of a professional service provider. Giving your business access to governmental funding such as those made available by enterprise singapore. First let s take a look at the fees that you have to pay to register a private limited company in singapore as published on acra s accounting and corporate regulatory authority website. Singapore food agency for food safety and hygiene.
Additionally if you choose to incorporate a company or set up a limited liability partnership instead of registering a sole proprietorship or partnership your personal and business finances are separated. You need to do it through bizfile a business filing portal of acra. You can do so by logging in on bizfinx website. Permissible businesses for residents. Here are some examples of the businesses you can carry out under our home based small scale business scheme.
You can easily register your business including foreign branch offices online at bizfile by the accounting and corporate regulatory authority. Statutory declaration by directors of company s inability to continue business by reason of its liabilities pdf 6kb section 291 1 notification to registrar under section 21 for change in number of shares in holding company held by subsidiaries pdf 258kb. Your singpass login id. Details of company owners. Yes it is possible to register a company in singapore online.