How to Register a Private Limited Company in Singapore
STEP BY STEP GUIDE TO REGISTERING A PRIVATE LIMITED COMPANY In this page, you will learn in detail the process for Singapore Company Registration. In this section, we have divided the process into 3 main phases, the Pre-Registration Phase, Registration Phase and Post-Registration Phase. PHASE I – PRE-REGISTRATION Ensure minimum requirements are satisfied Please take […]
The Private Limited Company
THE PRIVATE LIMITED COMPANY – PART I: AN INTRODUCTION TO THE COMPONENTS AND PEOPLE OF THE COMPANY In this section, you will learn about what are the key components and people of a Private Limited Company. You will appreciate and understand: The concept of a Private Limited Company The basic requirements of forming a Private […]
Comparison of Business Entities in Singapore
One of the key decisions you need to make when starting up a business is to consider the type of business vehicle to conduct your new business. Your decision will influence the ease of business formation and exit, business ownership transfer, how much taxes you need to pay, the extent of personal liability you are […]
CPF and Employee Matters
CENTRAL PROVIDENT FUNDS CPF contributions are payable when there is an employer–employee relationship, that is, there is a contract of service in place between the Company and the individual. WHO DO YOU NEED TO PAY CPF CONTRIBUTIONS FOR? Company directors if they are engaged under a contract of service and paid a salary on top […]
Goods and Services Tax – Should I Register?
Before we start… For the purpose of the discussion in this article, it is important to note some of the terminologies used for GST matter: “Taxable supplies” refer to local sales of goods and services, export sales and provision of international services. However, the following are specifically excluded: Sales and leases of residential property (exempt […]
Going Solo or Working Together for a Business Venture?
A difficult decision for many, should I make this business my own baby or do I want to be part of a group to achieve the same aim? SAILING SOLO What are the benefits? You and you alone call the shots. You can move and shake the business whenever you think you should do it. You […]
Am I Ready to Start a Business?
So you are an eight-to-fiver getting a decent monthly salary for the past few years. Your doe-eyed enthusiasm for your work has dwindled by the day. You begin to brainstorm about many wonderful ideas during your tea time, idling time and bedtime. Some of these ideas seem great and viable… You began to research more […]
Why Entrepreneurs Like Singapore
Singapore is one of the most popular choices for setting up a business when entrepreneurs are deciding to venture overseas. The strong social, economic and legislative foundations supported Singapore’s position as a leading world class business hub. Many accolades and key statistics corroborated with the position of Singapore as a leading global player in the […]
