To set up a Telecommunications business requires several licenses and permits. But the first couple of things you will have to do are: Register your business first with the Accounting and Corporate Regulatory Authority of Singapore (ACRA). Your business must register as a sole proprietorship, partnership or a private limited company. A private limited company [...]
Singapore heartily welcomes foreign entrepreneurs, professionals, managing directors and shareholders of Singaporean companies who wish to work or who are seeking to set up a business in Singapore. For that purpose the Ministry of Manpower has allotted two passes; the Employment Pass and the EntrePass. Each has their own requirements to fulfill and involve different [...]
If you are a foreign individual who wish to incorporate a company and do not need to relocate to Singapore to run your company operations, you must do the following: To incorporate a company in Singapore, Companies Act requires a local resident director. You will need to appoint a trusted contact or engage our nominee [...]
If you are a foreign individual or business professional who wish to set up a Singapore company and to relocate to Singapore to run your Company operations you will need to accomplish the following: Incorporate the Singapore Company Obtain work pass visa, commonly known as Employment Pass Company Setup Requirements Minimum 1 Shareholder + 1 [...]
If you want to start a restaurant in Singapore you will need to apply for a license to operate. Only Singapore citizens and Permanent Residents above 21 years of age, or a registered Private Limited company can apply for the license. The company must be registered with Accounting and Corporate Regulatory Authority of Singapore. Application [...]
This guide provides an overview of Singapore’s personal income tax rates, taxable income, capital gains tax and income tax returns filing. Taxable Income Any income that is accrued in Singapore by a person or business is subject to income tax. This means that if a customer pays you for your product & services in Singapore, [...]
A Property tax is a tax levied on properties in Singapore. This includes all types of properties such as HDB flats, factories, offices and vacant land. If you or your business owns property, you are liable to pay property tax. The amount of property tax you have to pay per year is a percentage of [...]
The explosive growth of the internet has caused radical changes to many aspects of business, but even as online communication is used with higher frequency each year – from emails to instant messenger services – phone calls are still at the heart of communication in the business world. There’s no substitute for speaking to colleagues, [...]
Leased lines are among the most efficient phone connections available for business premises, which are capable of delivering high speed broadband access and connecting multiple locations. With a leased line, you will no longer need to worry about your connection being slower than promised as you won’t be sharing a network. Therefore, a 2Mbps connection [...]
Compiling benefits packages to suit the needs of the typical employee is a task often doomed to failure, especially in organisations that employ people from a range of backgrounds who are likely to have very different requirements. Rather than wasting considerable funds on benefits that are not likely to be needed or appreciated by the [...]
With so many different locations hoping to draw tourists to their sunny climes this year, one of Europe’s fastest rising coastal destinations is Larnaca in Cyprus, which is becoming ever more popular with holidaymakers as well as business travellers. This historical city on the shores of the Mediterranean offers much to appeal to cultural explorers [...]
When travelling to New York with a dog, you may think it would be difficult to find things to do with your canine companion. However, with some research and planning you may be surprised at the amount of pet friendly attractions you can find. For many dogs and their owners, one of the simplest pleasures [...]
