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