Company Incorporation Singapore | Bestar

  Every company incorporated in Singapore has to follow the Singapore companies Act, section 171, and appoint a professional company secretary in-house too. Make sure the company secretary is a citizen of Singapore or has a permanent residency pass to stay in the city legally. Hence, it is a mandatory rule for all small to large level companies in Singapore to have a professional company secretary to run the business smoothly. So, if you are going to set up a new business or company in Singapore, you should fulfill all eligibility criteria and documentation formalities of business setup in authentically. Once you get done with the business incorporation process and complete six months of it, your next step should be to appoint an experienced corporate secretary for the company. A company secretary   is the professional, who   plays a vital role in managing a company’s all kinds of business works related to its different departments like operations, legal matters, mai...

Many entrepreneurs are looking at starting their business. Many people have innovative ideas that can become big businesses. Many agencies are willing to fund innovative industries and businesses. This is why Singapore is seeing a constant growth in the number of private enterprises. The nation has an excellent business atmosphere that is most conducive to the growth of any business. The robust economy and the stable political situation help businesses to run without any trouble. The government in Singapore also offer their full support to new companies by way of tax rebates. Singapore has one of the lowest corporate tax rates, which is another big incentive for businesses. Proximity to various Asian nations and good relations with them helps in expanding the business beyond the shores of Singapore. Starting a company in Singapore is not very difficult. Fulfilling The Obligations Of Company Incorporation Forming a new company in Singapore is not difficult. The procedures are simple...

Growing business at the international level is not an easy task, as it requires proper planning, knowledge, eligibility, and enough finance to execute the plans. So, if you are willing to plan for new company incorporation in any of the Asian countries, you are advised to give first preference to Singapore. It is one of the recommended business destinations across the Asia Pacific, where global businessmen, investors, entrepreneurs, and leading brands wish to launch new enterprises and branches of their companies with great zeal. Singapore is always known for its charismatic beauty, lightening fast lifestyle, corporate world, and many luxurious, which diverse attention of tourists around the world. Also, the city-state is famous for its amazing corporate world, which is growing rapidly and offers several key benefits for foreign investors, new incorporations, and brands to launch their branches in the city. Singapore offers ultimate benefits for the corporate industry in its income ...

The world is becoming more modern and advanced as new technology is getting developed by companies. All the development is being done to increase the quality of their working process so that they can have more customers. Many people in Singapore want to do business but most of them do not have the idea of how to do basic legal things like company registration in Singapore . There are services in the market that one can simply hire to outsource all their work to them so that they can run their firm in a better manner. Increment in loses First one needs to understand the need of the corporate law so that they can run their business with all the legalities. The government made the laws so that it becomes easy for the companies to run legitimately like by registration of the business will make the path easy for the government to audit their work easily . Tax collection is another profitable thing for the country that happens with all the legalities made by the lawmakers. Wh...

Singapore has been attracting investment from around the globe. The country has earned a name for itself as one of the best business destinations in the world. A stable economy and a non-corrupt government make it easy for businesses to thrive in Singapore. The strategic location of the country also helps businesses to develop their activities in the region. From Singapore, they can spread their activities to the countries in the neighborhood due to excellent connectivity. Apart from all these, there are agents in Singapore who play a major role in helping those wondering how to register a company in Singapore .  Registering A Foreign Company In Singapore Singapore allows foreigners to completely own a company here. This attracts many corporates from different parts to start their operations here. The procedure for registering a company in Singapore is very simple. However, for those who don't know the procedures, it can be overwhelming. Different types of companies ca...

An EP or Employment pass in Singapore is type of work visa that grants foreign workers, managers of Singapore based companies or CEOs to work and live in Singapore. But, unlike Citizenship pass, issuing EP is relatively easy and swift. When you will send and  EP application , it will be verified by the Ministry of Manpower or MOM. Though there are a few regulations that you have to go through and the ministry will also judge your application by your past work and educational qualification. Some of the prime factors about EP The minimum fixed monthly salary of the applicant should be S$3600 or higher. They must have an employment offer letter issued by the Singapore based company. The applicant must have a job offer for a managerial or executive position. The applicant should be eligible enough to get a specific job. If the candidate is extremely qualified they should get a higher salaried job. It takes 3-4 weeks to get the Employment...