November 13, 2011

It’s Been Always My Dream of Setting up New Venture in Singapore


Singapore, positioned on the Southern tip of the Malay Peninsula, has carved for itself a exclusive and enviable place in the world business community as a favorite location. The political stability, enormous successes in providing infrastructure and modernity in amenities, apart from the carious tourist pulls, have made Singapore one of the best places to set up business. Another vital factor is that Singapore is one of the five busiest ports in the world!

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Read more about setting up your business in Singapore

The shift in economic development from the West to the East has resulted in a lot of movement of not only financial resources, but operational centers as well to Singapore and comparable locations. However, it is far from easy to set up a business in a new and unidentified location. Every single country has their own set of laws and it is very important to distinguish the local laws before Setting up Business in Singapore. Awareness of local emigration laws, like company incorporation, employment passes, etc., is critical to the smooth Setting up Business Singapore.

Company Incorporation and Registration In Singapore

Apparently the most important phase is the incorporation of the company with the Singapore Registrar of Companies. It is precise key to hire the services of the right facilitator or corporate advisor locally who can monitor you through the various processes and legal necessities before the Singapore Registrar of Companies issues the necessary documentations. Time being a critical issue for most companies they would be best served by having the services of a dependable and reputed local facility partner for such lassoing and legal services.
 
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Company Registration in Singapore, involves documentation as mandatory by the Registrar. Among others, the main requirements would be company name, explanation of the proposed activities, facts of the paid up capital proposed, registered office, details of Directors who should have the Employment Pass, details of Shareholders, etc. The practice of Company Registration Singapore,  would surely oblige the services of a competent advisory who can not only bid the speedy execution of the requirement but many of them also offer secretarial services in Singapore, company profiles, certification, etc., which are very beneficial for the clients.

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