How is Share Allotment Done in Singapore Companies?
You’ll probably have to issue shares at some point during your startup, especially if you’re needing to raise money. This simple six-step tutorial will help you understand how to issue shares in Singapore and ensure that you’re prepared when you want to start raising funds because we know the procedure can be intimidating. In several […]
How to Start a Security Agency in Singapore
Although Singapore is one of the safest countries globally, the government of this Asian country still welcomes foreign and local private investments in its security sector. That’s because with economic expansion and globalisation comes the increasing need for a more secure environment to keep trade and commerce alive. And more than ever before, multinational companies […]
What are the Registration and Compliance Fees That Singapore Companies Need to Pay?
Company registration is the procedure of forming a new company legally following the laws of the country of registration. Along with the other legal procedures involved in registering a company, registration and compliance fees are also part of the process. If you are thinking of starting a new business or have already planned a start-up […]
How to Start a Law Firm in Singapore?
With Singapore’s Ministry of Law’s recent call for applications under the Qualifying Foreign Law Practice (QFLP) licensing programme, a more liberal legal system is on the horizon, especially for foreigners. Many international law firms can now set up their branches or offices in Singapore and benefit from its excellent legal and arbitration system. Notwithstanding this […]
Business Licenses and Permits in Singapore
Depending on the nature of your business or industry, you might be required to acquire a license or permit before operating in Singapore. A business license is an official document issued by the relevant government bodies, giving your company formal permission to conduct activities regulated under Singapore law. Once you have registered your company with […]
How Will Singapore’s Budget 2023 Impact Businesses?
On 14 February, Singapore’s Deputy Prime Minister and Finance Minister Lawrence Wong gave a speech outlining the Singapore Budget 2023. This year’s budget aims to tamp down cost increases and boost the island nation’s economic viability. After a difficult 2022 characterised by record high inflation, social alienation policies, and border closures, Singapore is now out […]
Who are the Officers of a Company in Singapore?
The duties of officers in Singapore-incorporated corporations are prescribed by the country’s Accounting and Corporate Regulatory Authority (ACRA). The following description lays out who they are and what their roles include, even though they each bear numerous responsibilities to ensure that all businesses abide by the Singapore Company Law. According to the Companies Act, Who […]
Should You Buy a Commercial Property Under Your Corporate Entity in Singapore?
Acquiring a property is a big step for anyone, and many people in Singapore would consider it only as an opportunity when it comes to residential properties, but what if there was more to it, particularly for companies wanting to grow themselves? Could owning a commercial property through a corporate entity be the solution you […]
All You Need to Know About Starting a Travel Agency in Singapore
As a tourist, you are one of the most important assets to almost any country. According to the United Nations World Tourism Organization, tourism generates an estimated 3.2% of the world’s GDP. It is a key driver of jobs and economic growth and a major source of foreign exchange for many countries. Well, Singapore is […]
Benefits of Starting a Holding Company in Singapore
An excellent place to start when creating your international holding structure is by forming a holding company in Singapore. To grow their operations and also reduce taxable income, numerous multinational organisations have constructed their own holding structures throughout the world, including Singapore. Numerous industry behemoths, like Berkshire Hathaway, DBS Group, and Alphabet (Google), have established […]
