Ever since its enactment in 1967, the Singapore Companies Act has been the ultimate legislation pertaining to the incorporation, management, and dissolution of companies in the country. The Act applies to every single business entity in Singapore, whether a public or private limited company, a sole proprietorship or a partnership. [...]
Any entrepreneur who has tried to create a new business in Singapore has had to deal with the Accounting and Corporate Regulatory Authority, or ACRA, as it is more commonly known. When it comes to the subject of business regulation, ACRA is the go-to institution for all companies in Singapore. [...]
Singapore is consistently ranked as the easiest place to set up a company. It offers many advantages, including an efficient and affordable public transport system, world-class healthcare services, and esteemed educational programmes, among others. These are some of the reasons why foreigners want to start their Singapore company. On the [...]
An important and often overlooked aspect of launching a new business in Singapore is to create a company stamp. While it is no longer technically a compulsory requirement for a business to have one, a company stamp can ease operations and add to the legitimacy of a company. Purpose of [...]
Setting up a company in Singapore can be a daunting task, especially to new business owners. As an entrepreneur, you will be required to submit certain documents to various agencies in Singapore before you can register your business. Familiarizing yourself with these government agencies will help you complete the registration [...]
The real meaning of private limited company (Pte Ltd) lies in its advantages and straightforwardness. A huge number of entrepreneurs in Singapore prefer setting up a Pte Ltd company, hence making it the most popular business entity in the country. Is a private limited company an incorporated business? A private [...]
The process of registering and incorporating a company in Singapore involves several steps. One of the most important of these concerns the requirement of paid-up capital. This guide explains what paid-up capital is, how much paid-up capital is required to start a business, and how paid-up capital relates to working [...]
The Lion City has been consistently ranked as one of the top international destinations for entrepreneurs looking to set up shop. The ease of investment, favourable economic conditions, and high quality of life are just some of the factors that contribute to its popularity. In our previous article, we already [...]
In Singapore, businesses are assigned a unique company registration number by the Accounting and Corporate Regulatory Authority (ACRA) or other Unique Entity Number (UEN) issuance agencies. It is provided to those that will operate inside the country. A UEN is a distinct code assigned to companies, which will allow them [...]
If you are an entrepreneur looking for tips on company formation in Singapore, a good place to start is knowing what business service solutions are available in the country. These firms provide services that include company incorporation, accounting, taxation, bookkeeping, auditing, and some even provide a company secretary. Definition of [...]
