What is a Shelf Company, and How Can You Buy One in Singapore?
Starting your own business can be very tedious and stressful due to statutory compliance requirements and confusion about the process. A shelf company is an established but non-active legal business entity. It is a ready-to-operate company that you can instantly get your hands on as you need it, whether you are an offshore business investor […]
Reasons Why ACRA Might Reject Your Company Registration Application
There’s no gainsaying that Singapore remains one of the best destinations to do business in Southeast Asia. As such, many local and foreign companies have made the move to incorporate their business in this Asian country. The Accounting and Corporate Regulatory Authority (ACRA) is responsible for incorporating businesses in Singapore. To begin the process of […]
How to Register Your Trademark in Singapore
A trademark is anything that is used in the course of a business or trade to set one person’s goods or services apart from those of others. It could take the form of a letter, word, name, signature, numeral, device, brand, heading, label, form, colour, a feature of packaging, or a combination of these. A […]
Mistakes to Avoid When Registering Your Trademark In Singapore
When starting their businesses, entrepreneurs frequently try to do so while attempting to avoid paying for professional advice. But, of course, budgets are limited in a company’s early stages, which makes this understandable. When given the option to either spend money on product development or get a trademark specialist, product development typically and understandably wins. […]
Compliance Requirements After Company Incorporation in Singapore
Compliance requirements don’t end after you have completed registering your company in Singapore. There is still a lot more to be done, and this is just the beginning of a complex journey. You still have to meet several compliance obligations set forth by the Accounting and Corporate Regulatory Authority (ACRA) as well as the Inland […]
How To Change Your Company Secretary In Singapore
Once incorporated, companies must appoint a company secretary in Singapore within six months if they don’t want to violate the Accounting and Corporate Regulatory Agency’s (ACRA) requirements for their operations. Company secretaries ensure that the companies they work for comply with regulatory requirements. They also help board members understand their roles and work within their […]
First 8 People to Hire After Incorporating Your Business
Now that you have incorporated your business, the next thing you need to do is gather a team. But, you are not sure who to hire first? Well, you have come to the right place! To run a business, you would need a team with reliable and qualified members, all performing different roles. The right […]
7 Reasons Why Mothers Make the Best Entrepreneurs
Being a mom is not easy; it is known to be one tough job! As mothers wear multiple hats, they need to juggle them throughout their lives. The list is endless, from caring for their spouse and kids to performing household chores. What happens when mothers turn down these responsibilities? Yes! The family will have […]
Director in Suspected Shell Companies Charged for Money Laundering
Singapore: A woman was charged on Monday (Jul 4) for her role as a director in two suspected shell companies used for money laundering. Susila Hyrawatty Hashim, 43, is facing two counts of offences under the Companies Act, for allegedly failing to exercise reasonable diligence in her duties as director of two Singapore firms – […]
Common Business Functions Companies Should Outsource
Companies often obtain products or services from reliable outside providers rather than dealing with them in-house, which is called outsourcing. Most businesses outsource their operations as it allows them to get more work done when tasks are left to be handled by professionals. This gives businesses time to focus on doing what they are good […]
