Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Steps for Singapore Business Setup Discussed

By Andrews Thomas Subscribe to RSS | May 16th 2012 | Views:
loading
 
  



Singapore is gradually becoming a profitable market for foreign business owners. The rules of regulations make an easy task of Singapore business setup for offshore company. Though the rules and regulations are much relaxed but they should be abided by. Steps for Singapore business setup are simpler and without any hassles, this has been proved by a comparative study including many worldwide business hubs. Most basic rules for setting up a business are applicable in Singapore too. Anti Money Laundering legislation and prevention of terrorism are two leading legislations on which the offshore company setup is judged against. To stop above mentioned acts Singapore government requires three main documents: a proof for the identity of company, certificates of its shareholders or directors, registered company address and the residential addresses of the shareholders or directors. These are the main documents you will need while Singapore business setup.

Now, coming to the steps regarding Singapore business setup, they can be categorized in the following sections:

•Singapore Visit: While seeking Singapore company registration first step would be to visit Singapore and start off with the registration formalities. Singapore has an efficient and open immigration system which will make sure you have no problems with visa. You have to simply submit an application to the ICA (Immigration and Checkpoints Authority).

•Singapore company registration Process: For Singapore business setup you need to recruit a professional company secretary, an agent for registration and a law cum accounting firm that will aid you in the Singapore company registration process. There are many firms in Singapore that can take care of all business setup needs of foreign expatriates. Such companies make sure that the startup process is efficient and adheres to the rules and regulations in Singapore. While seeking Singapore company registration your company must be a registered member of ACRA (Accounting and Corporate Regulatory Authority). The professional firms will guide you through this process. If you have hired a company secretary (as per rules of ACRA) then the person will be able to find a location or address for your business. Some professional firms also help the business owners find virtual office addresses. There are various types of Singapore company registration available such as sole proprietor, limited liability partnership, partnership, limited partnership or a fully incorporated company in Singapore.

•Staffs: All employment visas must be obtained from MOM (Ministry or Manpower). There are various options for employment visas too such as Employment Pass (EP) for employees and Entry Pass Scheme for the company owners. After you have arranged for the employment visas you can start recruiting workforce for your company.

•Taxes: Singapore offers various tax benefits to foreign business owners after Singapore business setup. Any professional firm will be able to maintain the due accounting records and file the returns in due time.

Singapore business setup has reaped great rewards for many foreign business owners. The fame of Singapore as a reputed business centre only keeps increasing with passing years. So, if you do not have a registered company in Singapore then you are missing out on hoards of opportunities. Make a proper selection of Singapore business setup services to make the process hassle free.

Andrews Thomas - About Author:
Contact One PS is a leading Singapore Company Incorporation firm. They offer various helpful Singapore business setup services for foreign expatriates.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/customer-service-articles/steps-for-singapore-business-setup-discussed.htm

Related Customer Service Articles Subscribe to RSS

Get complete IT solution only at ePixel web design company India
Published by Epixeltechnologies Tech on December 1st 2011 | Business
ePixel Technologies is a fast growing and leading PHP web development India. Website is way to get m...
 
An ideal shifting company with unmatched service and competitive price
Published by Kumari Ankita on December 28th 2011 | Business
Welcome to No.1 movers as well as packers. You get unmatched services from us on the loading and unl...
 
Want a good painting company in Orlando? Here’s what to look for and how to find one
Published by Daniel Painting Service on May 25th 2012 | Business
Whether you’re painting your house’s exterior or giving the interior a new look, a professional ...
 
IVR survey strengthen the relations between customer and company
Published by Snooozy on March 9th 2012 | Business
In the time of huge competition every company wants to have strong relations with its customers. Thu...
 
Enjoy great services from best pool removal company
Published by Ashish Pandey on May 5th 2012 | Business
Getting the landscaping services from a reliable company is a must. You can hire the best profession...
 
Best qualities for moving company Regina
Published by Richard on August 5th 2012 | Business
Your belongings are the most important things for not only you but for the moving company Regina too...
 
How do you choose the best HR Software for your company?
Published by Mary Porter on June 16th 2012 | Business
Make it less or a nightmare and more of pleasure selecting new HR Software packages using a user-fri...
 
Website Desing company delhi
Published by Innovativetech on July 5th 2012 | Business
Innovative Technosoft is a Professional Website Designing Company, offering affordable It Solutions...
 
Eco friendly Promotional mugs and pens for your company’s marketing
Published by Julia Roger on July 12th 2012 | Business
There are a few that can be filled again whereas others contain nice smelling fragrances pooled with...
 
Octashop – a perfect e-commerce solution provider company
Published by Sanchita Kumari on March 16th 2012 | Customer Service
Considering the fact that e-commerce is an emerging face of the business world, many e-commerce solu...
 
Tips for choosing an air conditioner company
Published by Sudhanshusnv on August 3rd 2012 | Business
If you will consider all these things in mind before your choosing air conditioning company, then yo...
 
Your company can save money by buying used forklifts gently opportunities
Published by Bess Briana on April 1st 2012 | Business
Thinking about how the Internet has forced several companies to offer a competitive price. The Inter...
 
Select a competent web development company for your online business
Published by Maya Gupta on March 20th 2012 | Business
Website plays a vital role in attracting visitors to your website and at the same time keeps the pot...
 
How to make employee id badges or employee identification cards for your company?
Published by Angie Turner on May 25th 2012 | Business
When a tiny to average sized business is being set up and the number of employees begins to grow,...
 
Sell a Bicycle through the trustable company
Published by Bicyclesuk on April 11th 2012 | Business
Bicycles were introduced in the 19th century and now it has been consider as number one transport mo...
 
Custom Umbrellas are usually used to promote a company name
Published by Sodablues on December 21st 2011 | Business
Though there is a broad variety of Custom Umbrellas accessible in the market in present days incorpo...
 
Before you set up an E-commerce website, be sure to get the right Malaysia web design company to help you out.
Published by Jack on June 14th 2012 | Business
The E-commerce industry in Malaysia is now emerging stronger and faster than ever. Malaysia is one o...
 
Important points to remember when registering a company in China
Published by Barker Hicks on April 28th 2012 | Business
As a foreign investor there are China Company registration guidelines that are provided by Chinese c...
 
The best solution of an art and graphics company with several competencies
Published by Somjons12 on January 16th 2012 | Business
imprimerie montreal is the best option to go for some of the exclusive imprimerie for you and your c...
 
The best packers and movers company with all kinds of solutions
Published by Kumari Ankita on January 2nd 2012 | Business
Welcome for unparallel shifting services. All of us give support on the loading and unloading servic...