Singapore Company Registration: Entry Point to the Asian Market

by Sneha Patil Top Singapore Company Registration Company

Singapore has been increasingly becoming a force to be reckoned with especially for the global entrepreneurs and investors. There are many reasons behind the popularity of the city-state as the business hub. Government’s continual supports and pro-business policies deserve special mention.

The attributes such as strict legal system, taxation policy, the strong economy, advanced infrastructure are the surely contributing to its image of being the best place for doing business. The simple and easy process of Singapore company registration is added to the charm of the business ecosystem of the island nation.

Being positioned in the heart of Southeast Asia, Singapore is easily accessible from all parts of the world. It serves as the juncture of west and east regions of the world. People from all walks of life come to this nation to grow and expand their entrepreneurial career. Company registration Singapore is the first step to carve their way to achieve their dream of incorporation. Since the laws and orders of the Republic are rigorously stringent, you must make sure to know the nitty-gritty of the process of Singapore company registration in detail. You may also take the assistance of a good incorporation firm that offers end-to-end assistance to their clients.

Singapore: An Excellent Business Hub for Global Entrepreneurs

Before choosing the jurisdiction to start a business, you must take a few aspects into consideration. You must undergo an in-depth research to get the result. Once done, you will know how well the city-state fare in every manner when it comes to company registration and expanding the business.

The strategic position of Singapore at the heart of Asia has given the Republic as a global reputation as a business hub for international trade.
Singapore's technologically sophisticated infrastructure has helped it to develop into an advanced business hub.
The workforce of the Republic is counted to be one of the most highly educated and dynamic workforces in the world.
Robust and strong Intellectual Property (IP) laws and other legal policies ensure security to all Singapore-based companies.
The easy and quick process of company registration in Singapore is one of the key factors that persuade the global entrepreneurs to take the plunge.
One can tap into the series of funding assistance of government by starting a new business in Singapore. The funding assistance programs have been rolled out in the form of cash grants, incubator scheme, equity programs, etc. This move of Singapore has encouraged many young talents and aspirants across the globe.

Singapore Company Registration: A Brief Details

Every company in Singapore must be legally registered with the local authority, i.e., ACRA (Accounting & Corporate Regulatory Authority). The process is governed by the Singapore Companies Act, Cap 50. Majority of entrepreneurs prefer to choose the private limited company because of its various advantages.

The process of company registration Singapore is conducted online via ACRA’s website. It is fast, convenient and straightforward. There are two steps to be followed during the process.

Company Name Approval & 2) Company Registration

The entire process takes very less time as long as the application is in order. One must fulfill the requirements stated by the authority.

The Bottom Line

Once you are done with the Singapore company registration related formalities, you are ready to take off your business in the most sought-after business destination of the Asian region.

About Us:

SBS Consulting Pte Ltd is a renowned incorporation specialist in Singapore. The professionals of the firm assist their client in carrying out the process of company registration seamlessly.

Contact us:

SBS Consulting Pte. Ltd.

https://www.sbsgroup.com.sg

Phone:+65-6536 0036

Email: info@sbsgroup.com.sg