6 essential things you need to do after company incorporation in Singapore

Congratulations! So you took the step and incorporated company in Singapore and you are now ready to kick-start business operations. While you’ve taken a great leap, there are post-company registration requirements you need to meet in order to ensure your company is compliant with Singapore laws and policies.

Here are the 6 important things you need to do for your post-registration of Company incorporation in Singapore.

1. Appoint a Company Secretary in Singapore

2. Goods and Service Tax (GST) registration

3. Acquire business license in Singapore

4. Open corporate bank account

5. Registration for the Central Provident Fund (CPF)

6. Registration for the Skills Development Levy (SDL)

For More information visit this link:

http://precursor.com.sg/6-important-things-need-company-incorporation-singapore/ 

6 essential things you need to do after company incorporation in Singapore

Congratulations! So you took the step and incorporated company in Singapore and you are now ready to kick-start business operations. While you’ve taken a great leap, there are post-company registration requirements you need to meet in order to ensure your company is compliant with Singapore laws and policies.

Here are the 6 important things you need to do for your post-registration of Company incorporation in Singapore.

1. Appoint a Company Secretary in Singapore

2. Goods and Service Tax (GST) registration

3. Acquire business license in Singapore

4. Open corporate bank account

5. Registration for the Central Provident Fund (CPF)

6. Registration for the Skills Development Levy (SDL)

For More information visit this link:

http://precursor.com.sg/6-important-things-need-company-incorporation-singapore/ 

why registering company in singapore is best option for foreigners

Either an existing company looking to expand its reach or an individual looking to expand his or her business, there are times foreigners want to register company in a country where it’s easy to register, cost is low, skilled manpower is available and other facilities, as well as environment, are conducive to doing a profitable business without hassle.

Singapore in this context fits the best considering it’s business-friendly environment.

Here are 7 reasons why registering company in Singapore is best choice for foreigners. We believe that by knowing these reasons/advantages, you should be able to better decide whether or not you should incorporate company in Singapore. 

1)Number one place for doing business

2) Affordable tax rates

3) Availability of telecom and internet facilities

4) Skilled labor

5) Affordable and wide transportation network

6) Flexible Immigration Policies

7) Incorporation process is easy

For More information visit this link:

http://precursor.com.sg/7-reasons-registering-company-singapore-best-choice-foreigners/

6 important things you need to do after company incorporation in Singapore

Congratulations! So you took the step and incorporated company in Singapore and you are now ready to kick-start business operations. While you’ve taken a great leap, there are post-company registration requirements you need to meet in order to ensure your company is compliant with Singapore laws and policies.

Here are the 6 important things you need to do for your post-registration of Singapore company:

1. Appoint a Company Secretary in Singapore
2. Goods and Service Tax (GST) registration
3. Acquire business license in Singapore
4. Open corporate bank account
5. Registration for the Central Provident Fund (CPF)
6. Registration for the Skills Development Levy (SDL)

For More information visit this link:

http://precursor.com.sg/6-important-things-need-company-incorporation-singapore/

Singapore Employment Pass: Eligibility, Procedure and approval

Amongst the various types of Singapore visas and work permits, Singapore employment pass is the most preferred options for employees as well as entrepreneurs looking to re-locate to Singapore. For foreigners who wants to re-locate for company incorporation in Singapore find this an alternative, in comparison to Entre Pass.

The Employment Pass allows foreign professionals, managers and executives to work in Singapore. In this post, complete details about Singapore employment pass are provided, including key facts, eligibility requirements, and procedure of obtaining Singapore employment pass as well as tips for assured and faster approval.

By following this mini-guide, you should be able to understand all that you need to know about obtaining Singapore employment pass and shall as well be able to submit as well as get approval of your application.

For More information visit this link:

http://precursor.com.sg/singapore-employment-pass-eligibility-procedure-approval/

All you want to know about Singapore branch office registration

When incorporating company in Singapore as a foreign individual/entity, one of the company registration options in Singapore that is used by businesses is Singapore branch office registration.

This is one of the 3 company incorporation options that are available to foreigners, while other two options are Singapore subsidiary and representative office.

if you choose to incorporate a branch office in Singapore, This post is intended to provide all that you would like to know about Singapore branch office registration, so that the process of company incorporation in Singapore can be smoothen for you by taking informed choices and decisions.

For More information visit this link:

http://precursor.com.sg/want-know-singapore-branch-office-registration/

Role and responsibilities of Singapore company resident director

Amongst others, one of the key requirements for incorporating a company in Singapore is that it should have at least one resident director. While a local Singaporean resident can become a resident director of his own company himself, it is mandatory for a foreigner looking to register company in Singapore to have a resident director in his company in order to proceed with company registration in Singapore. 

As ACRA States, “A director must make decisions objectively, act in the best interest of the company, avoid conflicts of interest, and be honest and diligent in carrying out his duties.”
The director is the most important stakeholder in a Singapore company considering that he or she is the person responsible for managing the affairs of the company and providing it with directions about how to go ahead both practically as well as on papers. 

For More information visit this link:

http://precursor.com.sg/role-responsibilities-singapore-company-resident-director/

Options for foreigners when incorporating company in Singapore

As the businesses are going global on a rapid rate like they have never been before, Singapore because of so many good and valid reasons has been one of the first and most preferred choices for foreign individuals and companies wanting to setup business in Singapore.

A host of foreign companies have not only done company incorporation Singapore but have invested and earned heavy profits especially over the last decade, testimony to this is  the latest list of Forex reserves.

A foreign individual/entity wanting to incorporating company in Singapore has several options which one can choose based on their long-term business goals, type of industry, company size and other factors.

Option 1: Subsidiary company registration in Singapore

Option 2: Branch office

Option 3: Representative Office

For More information visit this link:

http://precursor.com.sg/options-foreigners-incorporating-company-singapore/

Different types of companies and which singapore company incorporation is best

Once you are convinced that you want to register company in Singapore, it is important that you know the type of company or business entity that you want to incorporate, such as Sole Proprietorship, Partnership, Limited Liability Partnership, or Limited Partnership.

As a home to so many international companies operating in a wide spectrum of industries, the legal framework of Singapore allows for a variety of business structures to get registered and do sustainable and profitable business while ensuring that their diverse needs and requirements are met.

The decision about the type of company you need to incorporate is critical as the type of entity you choose will ultimately determine the key issues such as the liability of owners, transfer ability of business, financing and expansion potential of the business and most importantly the tax and compliance cost of maintaining the entity.

Here are all the important details about types of companies in Singapore so that you can choose the best option that’s applicable in your specific situation.

Read here for complete details:

http://precursor.com.sg/different-types-companies-singapore-company-incorporation-best/

7 Essential qualities of top company incorporation service providers in Singapore

In a plethora of company incorporation firms in Singapore, choosing the best service provider is a difficult bet. It is thus important to make an informed decision which Singapore company incorporation firms should you choose if you know the essential qualities of top incorporation service providers.

It is, however, possible to find out which Singapore company incorporation firm that you should engage services from if you know the essential qualities of top incorporation service providers.

Serious entrepreneurs and multinational companies who seek quality services and consultancy should always be after these 7 essential qualities and validate before hiring service provider for incorporating company in Singapore.

1) Trustworthiness

2)  Knowledge

3) Experience

4) Customer service

5) Commitment

6) Network

7) Innovation

For More information visit this link:

http://precursor.com.sg/7-essential-qualities-top-company-incorporation-service-providers-singapore/

Handy checklist foreign entrepreneurs need for incorporating company in Singapore

If you are a foreign national decided to incorporate company in Singapore, Congratulations! Incorporating company in Singapore is one of the best decisions one can make in today’s global economy and this does definitely open doors to a lot of growth prospects.

Once decided, next step in the process of incorporating a Singapore company is to prepare yourself about various things that are required.

There are different types of Singapore company incorporation that a foreigner can do. Make sure that you know which one you’re going to adopt (based on your needs and requirements) 

1) Type of company incorporation:

2) Resident director:

3) Company name:

4) Registered Business Address:

5) Work pass:

6) Shareholders:

7) Qualified professional firm:

8) Required documents:

For  More information visit this link:

http://precursor.com.sg/handy-checklist-foreign-entrepreneurs-need-incorporating-company-singapore/  

7 Reasons why registering company in singapore is best choice for foreigners

Depending on your target audience and its needs, taxation laws, the nature of the local workforce and other factors, doing business overseas just might offer advantages to you that exceed those of the country where you live at right now. 

Either an existing company looking to expand its reach or an individual looking to expand his or her business, there are times foreigners want to register company in a country where it’s easy to register, cost is low, skilled manpower is available and other facilities, as well as environment, are conducive to doing a profitable business without hassle.

Singapore in this context fits the best considering it’s business-friendly environment.

Here are 7 reasons why registering company in Singapore is best choice for foreigners. We believe that by knowing these reasons/advantages, you should be able to better decide whether or not you should incorporate company in Singapore. you should be able to better decide whether or not you should incorporate company in Singapore.

1)Number one place for doing business

2) Affordable tax rates

3) Availability of telecom and internet facilities

4) Skilled labor

5) Affordable and wide transportation network

6) Flexible Immigration Policies

7) Incorporation process is easy

For More information visit this link:

http://precursor.com.sg/7-reasons-registering-company-singapore-best-choice-foreigners/