8 Tips To Run a Successful Business in Singapore
Singapore has grown over the years to become one of the Asian countries with the most business opportunities. Singapore’s government provides a welcoming environment to ensure entrepreneurs can run successful businesses. Good legal systems, dependable infrastructure, and an encouraging tax structure, which usually only big markets like China can boast of, all contribute to the […]
Can A Company In Singapore Operate Without A Corporate Secretary?
No, a registered and incorporated company in Singapore cannot operate for more than six months without a corporate secretary. The position is even a requirement for a company’s incorporation as stipulated by Singapore’s Accounting and Corporate Regulatory Authority (ACRA). However, the eligibility requirements for a corporate secretary depend on whether the company is a public […]
How Can I Start A Home-based Bakery Business in Singapore?
Bakeries are a commonly found food service enterprise globally, including in Singapore. If you’re passionate about baking and want to put your skills to good use, you should definitely consider starting a bakery from home. That way, you get to hone your baking skills, share your creations with others, and make a profit while you’re […]
How Much Does It Cost to Open a Barbershop In Singapore?
In recent years, the number of barbershops has skyrocketed in Singapore, And that’s mainly because running a traditional barbershop has a particular allure, much like when one opens a nice café. For would-be business owners, everything from the luxurious leather barber chairs with their glistening chrome bases to the stylish, razor-faded hairstyles from the 1950s […]
5 Must-Have Corporate Governance Practices For Small Businesses
Where there are no established structures and systems guiding any business operation, it is only a matter of time before that business crumbles. Corporate governance may already be in the everyday vocabulary of directors in established companies and government institutions, but small and medium-scale enterprises also stand to benefit immensely from its tenets. If you […]
All You Should Know About The Certificate of Incorporation
A certificate of incorporation is the most convincing piece of evidence that a company has been registered correctly in Singapore. You may have also heard that there are many different versions of this certificate. Others have asserted that only some Singaporean businesses are eligible to get a certificate of incorporation (COI). Is there any way […]
How Much Does it Cost to Open a Yoga Center in Singapore?
Incorporating any business requires some amount of funding, which could be more or less based on the business idea. If owning a yoga studio had been your dream, you might have run into the same difficulty finding funding, even if you were just wanting to open a stationery store. But as more specialised yoga studios […]
Variable Capital Companies (VCC) – All You Need to Know
As the country continues to position itself as a one-stop destination for business investment, Singapore’s economy remains one of the best in Southeast Asia, and for good reasons. Over the years, the government of Singapore has taken a more direct and intentional approach to develop its investment sector. As a result, its fund management industry […]
How Much Does it Cost to Open a Cafe in Singapore?
Are you looking to quit corporate life and be your own boss? Choosing to start an F&B business is one of the ways to go, cafes in particular. Coffee is a profitable business, and coffee shops will always be in demand no matter where you are in the world. Singapore has a healthy and growing […]
Why is it Important for Companies to Choose the Right SSIC Code?
The government utilises the Singapore Standard Industrial Classification (SSIC) to examine economic activities and population, household, and industrial censuses in Singapore. The SSIC code, which is based on the fundamental structure and tenets of the International Standard Industrial Classification of All Economic Activities, requires corporations to first register (ISIC). The SSIC code serves only administrative […]
