Singapore’s Startup Ecosystem – Trends and Statistics
Singapore’s economy is undeniably thriving, but even so, its start-up ecosystem is exceptional and deserves special recognition. Various startup companies have flocked to the country with significant capital, making investments in various sectors of the economy. The trend has also seen multinationals invest and launch vibrant new lines of business, all of which have increased […]
Should You Open A Wise Account In Singapore For Your Business?
Over 15 million individuals and businesses use Wise for local and international remittances. The UK fintech company, which started as TransferWise in 2011, now performs over £9 billion in monthly remittances in some 70 countries. Singapore is among the Asian countries to enjoy the full services of this payment solution, including the option of spending […]
Why Should You Still Consider Holding Virtual AGMs?
With COVID-19 and its attendant restrictions out of the way, many companies are now back to their usual ways of conducting business. Virtual meetings are fading away, including virtual AGMs and companies are slowly moving back to holding face-to-face meetings. Most economies are also recovering from lockdown setbacks, and offices are now as busy as […]
All You Need You Know About Starting a Retail Business in Singapore
Starting a business in Singapore is relatively simple and straightforward. The only complex and critical part for many aspiring entrepreneurs is identifying the types of licenses and permits you require to start a retail business. Singapore is probably one of the best places in Asia to launch a retail business, as it is one of […]
Planning to Start Your Business in Singapore? Here is Everything You Need To Know About Startup Costs in Singapore
The prospect of starting either a small or large business in Singapore can be very appealing. Over the years, the country has proven to be an excellent place for businesses to thrive in because of its favourable policies and measures. And many prospective local and international business owners have made serious attempts to establish themselves […]
Why Do You Need Singpass When Incorporating Your Business in Singapore?
Entrepreneurs and business owners flock to Singapore to set up their companies for one main reason: it has one of the world’s most rational and simplest tax systems. Incorporating and setting up your business in Singapore is a simple process – here’s how: Understand the requirements Collect all supporting documents needed and decide on the […]
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 […]
