To make it easier to classify Singaporean businesses by the types of economic activities they are engaged in, the Accounting and Corporate Regulatory Authority (ACRA) has introduced a system known as the Singapore Standard Industrial Classification (SSIC). An SSIC code is assigned to every business and is used for multiple [...]
Company registration in Singapore is fast and easy. This guide will help you understand the requirements and processes involved in setting up a business in The Lion City. Why Register a Company in Singapore? Singapore’s pro-business environment makes it attractive for both local residents and foreigners to set-up their company--whether [...]
If you need a quick answer: Yes, you need to register your online business in Singapore. As indicated in Section 5 of Business Names Registration Act or BNRA, all types of businesses—with a few exceptions—must register with the Accounting and Corporate Regulatory Authority (ACRA). According to ACRA, if you [...]
Singapore has a business-friendly environment, making it easy for individuals to register their company. The whole registration process can be completed in a day, given all the requirements are duly submitted. This article lists the important things you need to keep in mind that will help you start your [...]
