The Singapore Variable Capital Companies Act, which went into effect in 2020, provides for the variable capital company (VCC). This is a new corporate form for the creation of investment funds, but it can also be used for wealth management purposes. Below, our company registration agents explain how to open…
Singapore is one of the most developed economies in the world. At the base of this economy are the trading activities Singapore has with numerous countries. Singapore is considered to have the most open and pro-business economy in the world. Singapore is also known as a territory with very low tax rates. Singapore is a very…
The business license is a permit released by the Singapore government agency that enables companies to conduct the business operations they register for with the Companies Registrar. Most business activities in Singapore dot not require licenses or permits in order to be carried out, the only step required being the company registration process with ACRA (Accounting and Corporate Regulatory Authority).…
Opening a bank account in Singapore might not be as easy as you might believe in some cases, however we can assist. Most investors opening companies in Singapore will require a local bank account, however banks in SG have strict criteria related to KYC and risk when it comes to new clients. Quick…
Singapore is a very attractive business market for foreign investors. Company registration in Singapore is done with the Accounting and Corporate Regulatory Authority (ACRA). Investors can choose to register the following types of companies in Singapore: sole proprietorships, private and public limited liability companies; clients interested in setting up a private limited company in Singapore can receive…
Real estate is one of the most important and attractive industries in Singapore, as many foreign investors have seen the huge development potential of this sector. The large number of foreigners relocating here for business or employment purposes has determined the opening of construction companies in Singapore. One of the most important requirements…
A foreign enterpriser who wants to open a company in Singapore must make several choices, one of the most important being the structure of the business. The Commercial Law provides for several types of business forms available for registration, among the most popular ones being the sole proprietorship for a small business, and the limited liability company (LLC)…
Investors interested in starting businesses in an industry which is not much spoken about in Singapore can try the print sector. The intellectual property legislation transformed Singapore into one of the most sought destinations in Southeast Asia for those seeking to invest in the print industry. At the moment, there are close to 1000 print shops operating in Singapore which represents 0.3% of…
Free trade zones are areas through which companies can import, sell or export goods without customs, excise duties or goods and services tax (GST). Singapore also has free trade zones (FTZs) which enables companies in the trading sector to benefit from transportation facilities. These special areas are regulated by the Free Trade Zones Act enabled in 1966 and last…
The newest trend all over the world it to set up small businesses which imply low registration and maintenance costs. Singapore is no exception to this and investors here have adapted to the requirements of the clients. One of the emerging industries in Singapore is wedding planning which resulted from the large number of tourists visiting the…
