Guide to Singapore’s Transfer Pricing and the Arm’s Length Principle
The corporate landscape has shifted dramatically over time. For example, while your business may be registered in one country, your marketing staff and manufacturing plant may be located in another. This is done to take advantage of the cost savings that outsourcing some processes to low-cost countries can provide. To remain fully compliant with local […]
Pointers to Pick a Company Name in Singapore
A company name isn’t something you can just pick without thinking for quite some time. Whatever name you choose will be your unique identity, so we recommend that you select a name that defines the kind of image you intend to portray. Before you incorporate your company, you need to decide on the name and […]
Starting An Employment Agency in Singapore
An employment agency assists other businesses with their staffing and recruitment needs. In other words, they serve as intermediaries between employers and potential employees. Such firms specialize in the placement of both foreign and domestic candidates in positions ranging from entry-level to executive. Foreigners have long been in high demand in Singapore, not only for […]
Starting An Education Center in Singapore
As one of Singapore’s prospective growing industries, the education industry plays a critical role in attracting and nurturing talent from across the world. The Economic Development Board launched the Global Schoolhouse initiative in 2002 intending to transform Singapore into an internationally recognized educational hub. There are currently over 1,200 private educational institutions and organizations in […]
Starting A Trading Company in Singapore (Import & Export)
Various merchants worldwide use Singapore as a ‘port of entry,’ particularly those operating in the western and eastern time zones. Singapore is the globe’s 14th leading exporter, as per the World Trade Organization‘s recent statistics. An outline of the main facets of trading is presented below if you wish to register a company in Singapore […]
Starting An e-Commerce Company in Singapore
It’s no secret that Singapore’s online-based enterprises have grown rapidly in recent years, to the point that they now generate billions of dollars annually. According to a report by Facebook and management consultancy Bain & Company, the country’s e-Commerce income is expected to reach US$10 billion (S$13.4 billion) by the end of 2026. In case […]
Starting An F&B Company in Singapore
Food is a vital part of any culture, but do you know exactly what it takes to establish a food and beverage business in Singapore? Singapore is regarded as a foodie’s paradise by both locals and visitors. According to a recent analysis by Food Industry Asia (FIA) in 2020, Singapore’s food and beverage industry provides […]
Appointing An Auditor
In Singapore, all companies are required to appoint an auditor after three months of incorporation unless they are exempted under the Company Act. It is vital that the company appoints an auditor not only because it is mandatory but also to ensure that the company complies with the tax laws and that all financial records […]
Appointing A Nominee Shareholder
The appointment of a Nominee Shareholder commences after the incorporation and documentation of a company’s information. The Nominee Shareholder’s name will appear on the incorporation documents under the shareholder’s details. The Nominee Shareholder is chosen to keep the beneficial shareholder’s information away from public records. But, he is required to file an Annual Return to […]
Appointing A Nominee Director
Singapore is a lucrative investment hub for foreign investors. While you can surely enjoy all the perks of a favourable business environment in the region, there are a few restrictions in terms of access for foreign investors. For this reason, having a minimum of one local director who is a citizen or permanent resident of […]
