This comprehensive guide will help you in understanding the process involved in starting a business in Singapore, registering a company as an individual and registering a company as a foreigner. As one of Asia’s high-income economy, Singapore has a number of requirements that needs to be complied in order to register a company or operate a business.
Timcole is the right stop for your needs. It will help you wade successfully through the complex and tedious registration process in setting up your corporation, and that too at a very reasonable cost. Since Foreigners they are not allowed to self-register their company here, they need to consult local business registration providers to register or start a new business.
In Singapore, the best way to start or relocate your business is to set it up as a private limited company. In Singapore, a limited company is a separate legal entity which provides protection to the shareholders from the debts beyond their own capital contribution. The Singapore Companies Act stipulates that any individual who is 18 years or older can register a company in Singapore. Registering the company according to these legal stipulations provides an efficient tax structure.