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…
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…
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…
Singapore has a complex legislation regulating trusts and offering trust services which is why the city-state has become an important wealth management center. In the last few years, Singapore has modernized its legislation so trust companies provide a large number of services. The laws covering trust services in Singapore are:…
Ways to start a business in Singapore The Singapore Company Law is very flexible with foreign investors allowing them to establish different types of companies or to purchase an already-made company, also known as a shelf company. Each type of company comes with its own advantages and the investor will…
Foreign investments represent an important source of income to the economy of Singapore, which is why the government have enabled many incentives over time through which it attracted enterprisers from all over the world. Most of these incentives were and are still granted under the form of tax breaks or…
Singapore has a favorable taxation system which applies progressively to individuals and a flat rate to companies in the city-state. Foreign companies will be taxed on the income generated in Singapore only, which can lead to higher rates. This is why foreign investors usually choose to open a Singapore company…
The new century is the high-tech century as technology is now used in every aspect of people’s daily lives. Asia is known as the “parent” of the high-tech industry and one of the countries contributing to its development at such a fast pace is Singapore. The Republic gathers thousands of…
Crowdfunding implies obtaining funds, services or even content from large gropus of people through specialized platforms and not through the traditional way: by appealing to financial institutions or suppliers . In Singapore, crowdfunding has started to develop in the last few years after this type of fundraising has become popular…
Singapore is one of the most spectacular cities in the world if we are to judge it by its natural beauties, such as the suspended gardens. These natural wonders attract million visitors every year and show the interest of the local authorities in having a clean and beautiful city. Based…
