Setting up a company is challenging, especially when it will be done in a foreign land. You have to know the host country's policies for foreign businesses and investors. In Singapore however, policies are friendlier to encourage businessmen to establish a company in this country. This strategy has been working for Singapore that is why it dubs itself as the region's enterprising hub.
Working with the government is an industry specializing in incorporation services, offering services such as corporate registration and other forms of legal compliance.
Company formation in Singapore can be conducted by any person of legal age as long as the business appoints one director who is based in Singapore either as a resident or a citizen. Everything commences with the registration of the company name and its line of business. Also, it is required to provide the physical address of the company. The office is also subjected to terms and conditions particularly in terms of location, building type, size of company, etc.
It's not difficult to find registration assistance providers in the country as most if not all of corporate solutions providers have their website. Since registration is only a part of a business' entrepreneurial beginnings, what most agencies do is they offer a comprehensive line of services. Some specialize in accounting and taxation, some in legal consultation, others in payroll preparation, and others in secretarial work. Many even claim that they specialize in everything, boasting of a huge team of highly qualified professionals and experts.
Aside from browsing the Internet, you can also find credible corporate service providers in major dailies, directories, and referrals from government agencies. Make sure to consider everything that the firm is offering, particularly the scope of services, fees and other important terms in the deal. It is also helpful to maintain a certain degree of doubt in your selection to avoid dealing with incompetent companies.
Working with the government is an industry specializing in incorporation services, offering services such as corporate registration and other forms of legal compliance.
Company formation in Singapore can be conducted by any person of legal age as long as the business appoints one director who is based in Singapore either as a resident or a citizen. Everything commences with the registration of the company name and its line of business. Also, it is required to provide the physical address of the company. The office is also subjected to terms and conditions particularly in terms of location, building type, size of company, etc.
It's not difficult to find registration assistance providers in the country as most if not all of corporate solutions providers have their website. Since registration is only a part of a business' entrepreneurial beginnings, what most agencies do is they offer a comprehensive line of services. Some specialize in accounting and taxation, some in legal consultation, others in payroll preparation, and others in secretarial work. Many even claim that they specialize in everything, boasting of a huge team of highly qualified professionals and experts.
Aside from browsing the Internet, you can also find credible corporate service providers in major dailies, directories, and referrals from government agencies. Make sure to consider everything that the firm is offering, particularly the scope of services, fees and other important terms in the deal. It is also helpful to maintain a certain degree of doubt in your selection to avoid dealing with incompetent companies.
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Click for further information on Singapore company incorporation or company set up.. Unique version for reprint here: Singapore Company Setup: Basic Guidelines For Beginners.
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