Business Owner Tips

How To Open A Business Bank Account In Singapore?

Many surveys and reports have mentioned Singapore as the financial hub of Asia. With changes in policies and incredible inflow of foreign investment, Singapore has made a mark in the competitive global market. If you are planning a new business offshore, this country can be your perfect choice for all the right reasons. Singapore offers the right blend of opportunities and services for medium and small scale businesses and startups, which has helped in expanding most sectors. The banking [...]

How to Start a Sole Proprietorship Business in Singapore!

As the name suggests, a sole proprietorship business has a single owner. It’s the easiest form of business in Singapore as far as registration is concerned. It should be noted that there is no distinction between the owner and business in this kind of setup. To be more precise, the owner and business is taken as one identity, and therefore, the owner is expected to pay for business debts and other loans from his own assets, if need be. [...]

Ultimate Guide to Hiring Employees in Singapore

  Congratulations for successfully incorporating your company in Singapore. The next step that you need to take is to hire employees to help you carry out various tasks. Just like the registration process, there are legal protocols that employers and staff need to abide by always. All these regulations are well articulated in the Singapore Employment Act. Here is a brief overview to guide you through the hiring process. Employment Contract An employment contract is one of the most important document as it [...]

Things to Know Before Registering a Company in Singapore

Singapore government has made it possible for foreign companies to set camp here by providing tax exemptions and company incorporation processes that are favorable to businesses in all industries. However, there are some things that you need to know before registering the company. Taxation System Singapore is ranked among the top 5 countries in the world with a robust taxation system that favors not only local businesses but also foreign companies. As a newly incorporate company in the country, it is [...]

How to Go Public and Get Listed in Singapore Stock Exchange

The Singapore government has made it possible for local and foreign entrepreneurs set up companies in the country by providing incentives such as tax rebates. The company registration process is pretty straightforward, and there are professionals to guide you through the company incorporation process to ensure it is successful. Once the company is up and running, you should consider converting it into a public company for it to be listed on Singapore Stock Exchange. One of the benefits of going [...]

Advantages of Converting your Singapore Company from Private Limited to a Public Company

  Converting a private limited company to a public company in Singapore is a crucial step that requires deeply evaluating the pros and cons of doing so. For a private company to qualify to transform into a public company, it has to have more than 50 shareholders that are recognized by the government. Here are some of the advantages of becoming a public company. Easier Access to Capital Most companies in Singapore decide to go public mainly because of the financial benefits. Initial [...]

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