Setting up a company is challenging, especially when it will be done in a foreign country. You have to know the host country's laws and policies for foreign businesses and investors. Fortunately, policies in Singapore are less rigid to encourage businessmen to establish a company in this country. This approach has been working for Singapore and that's why it dubs itself as the region's enterprising hub.
Partnering with the state is an industry specializing in incorporation services, offering everything from registration to tax filing and to other forms of compliance.
Any person of legal age can process the company formation in Singapore, provided that the business declares one director who is based in the country either as a resident or a citizen. The first step in forming a company is the registration of its name and the type of industry it belongs. The office will also have to comply with certain criteria, particularly in terms of size of the company, building type, location, etc. The business must also provide an address wherein the company operates.
Corporate service providers in Singapore operate online. This means client companies will not find it hard to look for registration assistance providers in the country. Most of them also offer a comprehensive line of services since registration is just a part of a business' entrepreneurial beginnings. Some though focus on rendering specific service, such as payroll services, accounting and taxation, legal consultation and secretarial services. A few firms even pledge that they can accomplish everything through their huge team of highly qualified professionals and experts.
You can also look for corporate service providers in print ads and directories or seek referrals from government agencies. Before signing the contract, make sure to study all the aspects presented to you. Don't hesitate asking about the scope of the service, fees and other important terms in the contract. Maintaining a sense of skepticism in your selection is natural. It's better to have some doubt than to completely entrust this crucial aspect of your business to an incompetent company.
Partnering with the state is an industry specializing in incorporation services, offering everything from registration to tax filing and to other forms of compliance.
Any person of legal age can process the company formation in Singapore, provided that the business declares one director who is based in the country either as a resident or a citizen. The first step in forming a company is the registration of its name and the type of industry it belongs. The office will also have to comply with certain criteria, particularly in terms of size of the company, building type, location, etc. The business must also provide an address wherein the company operates.
Corporate service providers in Singapore operate online. This means client companies will not find it hard to look for registration assistance providers in the country. Most of them also offer a comprehensive line of services since registration is just a part of a business' entrepreneurial beginnings. Some though focus on rendering specific service, such as payroll services, accounting and taxation, legal consultation and secretarial services. A few firms even pledge that they can accomplish everything through their huge team of highly qualified professionals and experts.
You can also look for corporate service providers in print ads and directories or seek referrals from government agencies. Before signing the contract, make sure to study all the aspects presented to you. Don't hesitate asking about the scope of the service, fees and other important terms in the contract. Maintaining a sense of skepticism in your selection is natural. It's better to have some doubt than to completely entrust this crucial aspect of your business to an incompetent company.
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