Guide Your Singapore Company to Success
by Bestar Sg company incorporation services SingaporeYou must be there to look after the daily working of your company when
you have started the operations newly in a different country. You can hand over
the work to competent managers in the company. But nothing will be as good as
you supervising the activities. This is why many foreigners who open their
companies in Singapore prefer to live here to take the company forward on a
growth path.
There are a lot of foreigners and foreign companies who start their companies in Singapore due to various reasons. There are many positive indicators in the country that lure investors from far and wide to invest in Singapore. The nation is one of the most business-friendly countries in the world. There is a stable government in place and the economy is robust. There is a huge market which also includes the neighboring developing markets. All these are the best support for any business to flourish.
Living and Working in Singapore
Like in all countries Singapore also requires non-residents to get work
permits to work in the country. The permits are issued by the ministry of
manpower ensuring that all the conditions are met by the person who applies for
the same. While there are different kinds of permits that allow people to work
in Singapore, the employment pass is the most preferred permit for foreigners.
This is issued to foreigners working at the managerial and executive level.
The employment pass in Singapore allows a person to work, live and travel in the country freely. The holder of the permit can also travel in and out of the country without the need to get a visa each time. An employment pass holder can also bring his or her spouse along with unmarried children to live with them in Singapore. The children can enjoy the excellent education facilities in the nation.
Securing Your Employment Pass
There are different conditions that you must fulfill to be able to secure an employment pass in Singapore. However, it is not easy for a person to get the pass without the help of an agency. Various consultants will help you get the employment pass. You don't have to spend your time waiting to get the pass. You can hand over all your documents to the agency and they will do the rest. Even if your application is rejected the first time, they will put up an appeal and get it done soon.
Starting New Company in Singapore
The employment pass is also very useful when you are trying to register a new company in Singapore.
One of the conditions that every company incorporated in Singapore must fulfill
is to have a resident director. The resident director of the company must be a
resident of Singapore or a holder of an employment pass. The consultants will
incorporate the company using one of their persons as the resident director.
Once the company is incorporated, they will apply for an employment pass
in the name of the company director. Once that is through, he or she can take
over as the resident director while the consultant’s person will resign from
the post. This will regularize things and ensure that the company is running as
per the laws of Singapore.
The corporate consultants in Singapore render a lot of service to the
business community here. They will take care of all your statutory requirements
leaving you to concentrate on your work. They have experts in every field and
their services are available at very affordable prices.
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Created on Aug 29th 2019 14:56. Viewed 446 times.