How To Register Small Business In Singapore

You need to pay 15 for the name application charges.

How to register small business in singapore. Statutory declaration by directors of company s inability to continue business by reason of its liabilities pdf 6kb section 291 1 notification to registrar under section 21 for change in number of shares in holding company held by subsidiaries pdf 258kb. You can do so by logging in on bizfinx website. Your singpass login id. It is easy and fast. The first that you need to do before incorporating your business is to register its name.

The first step to setting up a business in singapore is deciding on the business structure. You may choose to personally register your business with acra or seek the assistance of a professional service provider. First let s take a look at the fees that you have to pay to register a private limited company in singapore as published on acra s accounting and corporate regulatory authority website. Fire safety and shelter department for fire safety requirements. Being of a small scale these businesses should not require hiring of workers.

Here are some examples of the businesses you can carry out under our home based small scale business scheme. S 300 that is a total of s 315 in fees that you need to pay to incorporate a new company with acra. Banking finance and insurance monetary authority of singapore. Register your business getting your company registered in singapore is definitely the first step to start up business. Sole proprietorship partnership limited liability partnership limited partnership or company.

Foreign businesses that wish to set up a representative office in singapore may approach these government agencies. You can easily register your business including foreign branch offices online at bizfile by the accounting and corporate regulatory authority. You should be ready with. Details of company owners. Singapore food agency for food safety and hygiene.

Additionally if you choose to incorporate a company or set up a limited liability partnership instead of registering a sole proprietorship or partnership your personal and business finances are separated. Approved company name transaction number number of years of registration. We can process your singapore company incorporation in just 2 hours if all the requirements are complete. At richmond we specialize in assisting smes in incorporating their business in singapore. Yes it is possible to register a company in singapore online.