register a business in singapore for Dummies

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Be aware: Registering a company name with ACRA just isn't similar to registering a trademark. Company name registration isn't going to Provide you with special or mental home rights around the name.

Every single registered business in Singapore need to have an actual Place of work address to receive official correspondence from govt authorities. This handle can't be a P.O. Box.

Regardless of whether you are a resident or non-resident, you’ll want to deliver the next information towards your submitting agent:

Throughout your company name registration, aside from your proposed company name, you will also have to offer the following:

Using a clear and productive system, it’s under no circumstances been much easier to register a company in Singapore. Whether you’re a local founder or possibly a foreign Trader, the nation presents powerful lawful aid, present day infrastructure, and easy accessibility to regional marketplaces.

In case you don’t have a local director, you could interact nominee director services. This Singapore business set up guide for foreigners outlines all prerequisites Evidently.

Choose the volume of directors and shareholders. A minimum of just one director needs to be a Singapore resident. You must also identify your company’s share funds and confirm shareholder specifics.

In case you are a Singapore citizen or resident with SingPass entry, you'll be able to register your business by yourself utilizing the BizFile+ portal. However, numerous setting up a company in singapore locals choose corporate service providers to organize all the necessary incorporation documents to ensure precision and timely approvals.

As soon as your company is registered, fulfilling write-up‑incorporation obligations makes certain you stay compliant with Singapore regulations. business incorporation singapore Here’s what you have to know:

At BBCIncorp, we specialize in business registration in Singapore which has a give attention to making the company incorporation method easy, quick, and thoroughly compliant.

Whether or not you utilize accounting program like Xero or copyright or hire a professional, trying to keep monitor of cash flow, fees, and payroll will allow you to make smarter business selections and continue to be compliant with financial regulations. 

Disclaimer: Even though BBCIncorp strives to generate the information on this website as well timed and exact as you possibly can, the information by itself is for reference register business in singapore functions only.

By keeping up with these Main obligations, your company stays in good legal standing and Gains from the total advantages of Singapore’s progressive business setting.

In most cases, your company name will probably be accredited straight away. Even so, if your name involves sure terms or falls underneath certain business categories, your application could need to be even more reviewed by a government company. In that scenario, the procedure can take 14 days to two months.