中文

Business Encyclopedia

A

Accounting and Corporate Regulatory Authority (ACRA)
Audited Financial Statement
Annual General Meeting (AGM)
Annual Report (AR)
Articles of Association
Apostille

B

BizFile
Business Grants Portal
Business Visa For Singapore
Business Profile

C

Central Provident Fund (CPF)
Certificate Of Residence (COR)
Common Reporting Standard
Common Seal
Companies Act (Cap. 50)
Company Constitution
Company Secretary
Company Stamp
CorpPass

D

Declaration of Solvency
Dependant’s Pass
Directors’ Resolution in Writing (DRIW)
Dividend
Dormant Company
Double Taxation Agreement (DTA)
Due Diligence

E

Electronic Register of Members (eROM)
Employment Pass (EP)
EntrePass
Enterprise Development Grant (EDG)
Estimated Chargeable Income (ECI)
Exempt Private Company (EPC)

F

Financial Year End (FYE)
Form 45
Form C-S/ C
Form C-S (Lite)
Fund Accounting

G

General Partnership
Goods and Services Tax (GST)
GovTech

H

Hedge Fund

I

Import/Export License
Income Tax
Initial Public Offering (IPO)
Inland Revenue Authority of Singapore (IRAS)
Intellectual Property Office of Singapore (IPOS)
Interim Dividend
IR21 Form
IR8A Form

J

K

Know Your Customer (KYC)
Knowledge Capital

L

Letter of Consent (LOC)
Limited Liability Company (LLC)
Limited Liability Partnership (LLP)
Limited Partnership (LP)
Liquidation (Court Order/Compulsory)
Liquidation (Voluntary)
Long Term Visit Pass (LTVP)

M

Ministry of Manpower (MOM)
MTI

N

Nominee Director
Nominee Shareholder
National Registration Identity Card (NIRC)
Notice of Assessment (NOA)

O

P

Partnership
Personal Data Protection Act (PDPA)
Personalised Employment Pass (PEP)
Private limited company
Productivity Solutions Grant (PSG)
Permanent Resident (PR)

Q

Quickbook Accounting

R

Register of Charges
Register of Nominee Director
Register of Registrable Controllers (RORC)
Registered Office Address

S

S Pass
Share
SingPass
Small Company
Sole Proprietor
Special Employment Credit
Sponsored Employment Pass
Striking Off

T

Trademark
Temporary Bridging Loan
Temporary Employment Credit (TEC)

U

UEN
Unaudited financial statement
Undischarged Bankrupt

V

Variable Capital Company (VCC)
Venture Capitalist (VC)

W

Wage Credit Scheme
Withholding Tax (Section 45)

X

XBRL
Xero

Y

Year of Assessment (YA)

Z

Zero Rated Supplies
Zero-rised Financial Statement

Business Visa for Singapore

A Business Visa for Singapore is required for any foreign nationals to enter Singapore for business purposes. Before entering Singapore, you must apply for and receive a Singapore business visa.

The validity of the Singapore business visa, which allows for multiple entries, is up to two years after the date of issuance. However, the maximum validity period for each entry is 30 days. Therefore, you must submit your application for a Singapore business visa at least two weeks before the date you want to visit.

This visa is different from the Singapore work pass and permits you to travel to Singapore for both personal and business travel.

How to Apply for a Business Visa in Singapore

A quick computerised application process for Singapore business visas is now accessible. The process has been greatly streamlined and accelerated using this technology. Usually, it takes five to seven business days from the time of application to acquire your visa. Through this application process, you will receive a pdf file containing your visa, which you can print.

Detailed Information for Your Singapore Business Visa

In addition to your finished application, you must include the following to be granted a Singapore business visa:

  • Original passport with at least two blank pages and at least six months of validity.
  • A modern coloured 35×45 image with a white background
  • Must have filled out Form V39 (A)
  • Letter of invitation from the host organisation
  • A private cover letter outlining the reason behind your journey
  • The six-month worth of bank statements bearing the bank’s seal
  • Return flight confirmation ticket

You might need additional documentation depending on your destination, intended length of stay, or nationality. For instance, you could need a letter on company letterhead outlining the purpose of your trip.

In some circumstances, you can be asked where you plan to stay and would need to present evidence of this, like a copy of your hotel reservations.

You might be required to provide an employment card as well as documentation for your company, such as articles of incorporation, a partnership agreement, or a certificate of registration. You can also be asked to show documentation proving that you live abroad.

Additionally, it is advised that you buy travel and health insurance in case you experience a medical emergency while in Singapore because the cost of medical care there can be relatively high. In the event of a medical emergency, delayed baggage, or other travel-related interruption, travel insurance can help.

Utilising Your Business Visa for Singapore

You must show it and your passport to immigration officials once you arrive in Singapore. You may be questioned about your itinerary, vacation plans, and lodgings in Singapore.

You can also be asked for evidence of your ability to pay for your travel. For example, if you have medical insurance when visiting Singapore, you may be requested to show proof of it.