Are you thinking about starting your own business in Singapore? The first thing you should know is that you will need the services of a professional or a local firm to handle the registration procedure. At OpenCompanySingapore.com, we can answer any question you might have about starting a business, but most of…
Foreign investors wanting to open a company in a country have many questions before starting the whole process and Singapore is no exception. In most cases it is best to first verify with company formation agents in Singapore before starting the incorporation procedure in order to save time. Below you can find…
Food businesses are widely spread in Singapore and many entrepreneurs are inclined to open restaurants in the city-state. Before opening a restaurant, however, there are few compulsory steps to be followed. The first step is to select the type of Singapore company and register it with the Trade Register. Once this step is concluded, one…
E-commerce is one of the fastest growing markets in the world helping business owners to attract more customers, increase sales and also offers them worldwide exposure. However, before starting an e-commerce company, there are several steps to be completed in order to ensure the business’ success. Like with all other types of…
Employment agencies in Singapore are established in order to facilitate other company with the recruitment of personnel. Employment agencies may also help Singapore companies to hire personnel from abroad. As the Singapore employment market has expanded a lot during the last years, more and more recruitment agencies have also started to appear. However, there are certain requirements to be met…
The registration of a construction company in Singapore The construction industry is one of the most attractive industries in Singapore that has attracted many foreign investors to the city-state during the last years. According to the Singapore Companies Register statistics, company incorporations in the construction industry have raised a lot during the last years. Before applying…
Singapore as a labor destination Singapore is one of the most attractive business destinations in Asia currently which is why many foreign investors but also professionals want to live and work here. Not until long ago those wanting to obtain a work permit in Singapore faced quite a lot of bureaucracy. Only recently…
The taxation of companies in Singapore Singapore is often referred to as an example when it comes to taxes levied on corporations because the city-state continues to reduce the taxation of companies and keeps introducing incentives in order to attract foreign investors. Singapore applies a flat tax rate to corporations that is considered one of the world’s lowest…
The value added tax (VAT) is one of the most important levies in Singapore. The Inland Revenue Authority (IRAS) is the main regulatory body of the Singapore taxation system and all companies conducting business operations must register for VAT with the IRAS. Our company formation specialists in Singapore can assist foreign investors who want…
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).…
