Set Up Companies In Singapore

Regulations for Companies in Singapore

One of the most important regulations with regard to starting up a company in Singapore is the requirement of a local director. Firms that deal with setting up companies in Singapore will be able to provide you with qualified professionals who not only satisfy the stipulated norms but also possess the knowledge to take your company forward. Employees of a business in Singapore also need an employment pass or an entrepreneur pass to work in this country. Companies also have to maintain proper records of financial activity and submit the annual returns and the tax returns at the required time.

Corporate Advisory Companies

It is definitely easy to set up company in Singapore but it is also necessary to know the laws of the country and the regulations that govern your kind of company. Corporate advisory companies can not only provide the information but also the personnel required. They also offer a variety of financial services that pertain to accounting, auditing, filing of taxes, starting bank accounts and shutting down of businesses. Companies in Singapore can only employ people with an employment pass and this also can be obtained by advisory companies. Other passes and visas that may be required for family and obtaining permanent residency status are other services that these firms offer. Once you identify an advisory firm that can help you with company formation and registration in Singapore, your chances of success increase by many times.

Company formation in Singapore is easier than in most other countries because of the proactive approach adopted by the government of Singapore in this regard. It has worked to their advantage with more and more companies setting up businesses and starting branches of existing companies in Singapore.
 
Company registration in Singapore can also be done with the help of financial service firms that offer these services at very competitive rates. There are plenty of firms that you can choose from when starting up a company in Singapore. The services offered by these firms are invaluable if you are a non resident looking to start up a company in Singapore.