What Are The Legal Requirements Of Singapore Company Registration? By: Andrews Thomas | - Many local as well as foreign business owners are opting for Singapore company registration and there are several reasons too. There are several benefits a business owner can gain with Singapore company formation. Several tax benefits, bankruptcy protection and limited liability to business related debts that are offered by the business infrastructure in Singapore. Though there are many benefits of Singapore company registration but certain legalities or formalities are associated with the proce ... Tags:Singapore business registration, Singapore business formation
When Should Entrepreneurs Choose The Employment Pass In Singapore By: Bryan Wong | -
Ever since the entrepreneur pass scheme was launched in Singapore, it was one of the most successful entrepreneur visa schemes for any country. The entrepreneur pass attracted some of the best and most innovative entrepreneurs to Singapore. This special visa meant for foreign business owners to relocate to Singapore has also been used by the government as an economic tool with foreign direct investing increasing in the country and also making Singapore one of the hotbeds for innovation. H ... Tags:Singapore Employment Pass, Singapore EntrePass
Guidelines For Applying For An Entrepreneur Pass In Singapore By: Bryan Wong | -
Ever since its inception little over a decade ago, the Singapore Entrepass or Singapore Entrepreneur Pass scheme has been one of the most successful work permit visas meant for business owners in the world. Of course the eligibility criteria and other details of the entrepreneur pass scheme has gone through a few changes over the years but overall its remains the best way for foreign entrepreneurs to live in Singapore and manage a business. Applying for an entrepreneur pass is fairly simp ... Tags:Singapore Company Setup, Singapore EntrePass
How To Effectively Manage A Singapore Company From Overseas By: Bryan Wong | -
Recently the World Bank in its annual report Doing Business ranked Singapore once again as the easiest place to do business. Singapore has been on top of the World Bank rankings for doing business for years now and no other country can provide the ease and number of advantages of doing business as Singapore. One of the reasons Singapore is known for being such an entrepreneur friendly destination is because of how it treats foreign entrepreneurs. Foreign business owners can not only ... Tags:Singapore Company Setup, Singapore EntrePass
Singapore Continues To Remain One Of The Least Corrupt Countries In The World By: Bryan Wong | -
As per the latest release of the Corruption Perception Index, Singapore scored 9.2 points out of a maximum of 10 points. This makes Singapore the least corrupt country in entire Asia and the fifth least corrupt nation in the world. The Corruption Perception Index is released by Transparency International and is widely regarded as the premier corruption index in the world. Last year Singapore had a score of 9.3 and was on the top of the list for worldwide countries.
Singapores co ... Tags:Singapore Company Setup, Singapore EntrePass
Singapore Company Setup Laws Benefit Foreign Entrepreneurs By: Bryan Wong | -
Typically in most countries around the world, the laws for company setup meant for local residents are different from those laws meant for foreign business owners. In most cases, foreign owned companies would have to go through a lengthier process and a number of government agencies will be involved for obtaining special permissions, providing licenses and for the actual registration of the foreign owned company. In fact many countries do not even allow foreigners to own 100 per cent shar ... Tags:Singapore Company Setup, Singapore EntrePass
Why Singapore Immigration Laws Are Seen As One Of The Best By: Bryan Wong | -
There was a lot of talk and discussion recently after Government of Singapore announced revised eligibility criteria for overseas professionals applying for the employment pass scheme in the country. The two most significant changes in the new immigration policy were that skilled foreign professionals would need to have a better educational qualification and must possess jobs that pay higher than the current requirement. Many felt that these new amendments introduced to Singapores empl ... Tags:Singapore Employment Pass, Singapore EntrePass
How Foreign Entrepreneurs Can Apply For Singapore Employment Pass By: Bryan Wong | -
At the moment, any foreign entrepreneur or investor who wants to relocate to Singapore after setting up a company in the country has to apply for the entrepreneur pass. The entrepreneur pass is the main visa available for foreign business owners. By obtaining the entrepreneur visa in Singapore, foreigners are allowed to stay in the country while managing a business. The validity of the pass can be anything from one to three years initially and the foreign entrepreneur has to meet a number ... Tags:Singapore Employment Pass, Singapore EntrePass
What You Should Know About Immigration To Singapore By: Bryan Wong | -
Singapore is one of the most preferred destinations by not just foreign professionals but foreign business owners as well. Since more than a decade now Singapore has seen a steady number of overseas talents entering the country, so much so that currently just over one third of the entire working population in Singapore is made up of foreign workers. While the country was popular amongst skilled foreigners for a long time, the recent economic downturn around the world has made Singapore an ... Tags:Singapore Employment Pass, Singapore EntrePass
Importance Of The Entrepreneur Pass For Foreign Business Owners In Singapore By: Bryan Wong | -
While thousands of foreign owned companies get registered in Singapore each year, not all foreign owners choose to relocate to the country in order to manage their Singapore business. Thanks to liberal policies for foreign business owners, companies in the country can be managed from anywhere in the world. As long as the mandatory compliance requirements are met, the business owner can choose to reside anywhere in the world. Of course if the foreign owner of the Singapore Company feels th ... Tags:Singapore Company Setup, Singapore EntrePass
Singapore's Growing Stature In World Business By: Bryan Wong | -
Singapore has always been one of the most attractive destinations for companies and entrepreneurs from all over the world. For years Singapore has dominated the World Bank rankings in its annual Doing Business reports. Singapore is currently ranked as the easiest place on earth to do business and is also known for being one of the friendliest countries for entrepreneurs. However, of late Singapores stature in world business has been growing at leaps and bounds. As a matter of fac ... Tags:Singapore Company Setup, Singapore EntrePass
Singapore Nurtures Prospects For Asia & World: Pm Lee By: Peter Lee | - The Singaporean horizon is expanding and at the present growth rate, glowing prospects vest for not only Asia but world, taken collectively. This was among the few concepts expounded by PM Lee, who was attending the inaugural event of South Asian Diaspora Convention (SADC) held on 12-13 July, 2011, at Resort World Sentosa. The event was graced by as many as 600 people among which were many elite leaders of Singapore, corporate giants, Mr. Gopinath Pillai (Chairman SADC) and many other prominent ... Tags:Singapore Visa, Singapore Visas, Singapore Employment Pass, Singapore Enterpass
The Entrepass Scheme A Testimony To Singapore's Foresight By: Bryan Wong | -
The Entrepass scheme in Singapore was launched just about a decade ago and since then has proved to be one of the most successful entrepreneur immigration schemes found anywhere in the world. The Entrepass scheme was basically a special type of entrepreneur visa available in Singapore whereby eligible entrepreneurs from worldwide could relocate to the country after completing their Singapore company setup. The scheme has gone through a few changes and amendments over the years but has sti ... Tags:Singapore EntrePass, Singapore Employment Pass
Highlights Of Singapore Capital Investor Pr Scheme By: Bryan Wong | - Singapore permanent resident status is quite sought after by business owners from all over the world as it allows them to setup a business in the country and manages the same from Singapore itself without requiring to apply for the appropriate work passes or business visas each time they want to travel to and fro from the country. For high net worth entrepreneurs who have an excellent business background and are owners of successful businesses at the present, Singapore had launched the Capital I ... Tags:Singapore EntrePass, Singapore Company Setup
Is It Better To Apply For The Entrepreneur Or Employment Pass In Singapore? By: Bryan Wong | -
Overseas business owners who have setup a company in Singapore and wants to relocate to the country to manage that business have a choice between applying for the entrepreneur pass and the employment pass. Each type of pass has its own pros and cons and hence many foreign entrepreneurs are often confused which type of pass they should be applying for. However, what entrepreneurs should note is that the type of pass that is appropriate for them depends upon several factors including the ru ... Tags:Singapore LLC, Singapore Private Limited Company
Laws Regarding Travelling To Singapore For Business Owners By: Bryan Wong | - With several thousand foreign owned companies being registered in Singapore each year, the number of business travelers to Singapore has been growing with each passing year. Several foreign entrepreneurs choose to register a company in Singapore and then either manage the business from overseas or apply for the entrepreneur pass and relocate to the country to manage the business.
Singapore's Economy A Magnet For Foreign Investment By: Peter Lee | - Accelerated growth and flexible economy are two very important factors which govern success of a business and investment opportunities to be availed. Surprisingly one finds all these factors in Singapore, motivating many foreign entrepreneurs and business tycoons to establish company branches, representative offices and an entirely new company here.
Prominent Points making Singapore a growing business hub:-
Work Visa Details For Foreigners Seeking Work In Singapore By: Peter Lee | - It has been known for some time now that the Singapore government not only seeks to attract big and successful foreign enterprises, but also set to welcome rich and successful overseas entrepreneurs to start up operations in Singapore.
In addition, the Singapore government has launched various programs aimed at attracting foreign talents and provides grants to ease the costs of employing foreign skilled labour. Recent government policies aimed at branding Singapore as a culturally v ... Tags:Singapore Work Visa, Singapore Work Visas, Singapore work
Incorporate Company In Singapore The Best Profitable Option By: Jay Mantarvadi | - One of the most essential thing needed for any entrepreneur to setup company in Singapore is to have the approval of ACRA or the Accounting and Corporate Regulatory Authority. One can easily discover that the ACRA plays a very important role in the setup of a foreign company incorporative in Singapore. However, it should also be kept in mind that the Singapore jurisdiction welcomes foreign company incorporation and offers several tax benefits. The options of a company formation in Singapore incl ... Tags:Singapore Company Setup, Singapore Branch Office, Singapore Subsidiary Company, Singapore Employment Pass, Singapore Entrepass
Singapore Entrepreneur Pass Rules In 2011 By: Bryan Wong | - Not so long ago, foreign entrepreneurs who wanted to register a company in Singapore and at the same time relocate to the country to operate their new business, preferred applying for the employment pass. Few overseas entrepreneurs who did not meet the minimum educational requirements of obtaining an employment pass in Singapore, had to apply for the entrepreneur pass instead. For years, the employment pass scheme was the most preferred form of work visa for overseas business owners. However, si ... Tags:Singapore entrepass, Singapore entrepreneur pass
Benefits When You Incorporate A Singapore Company By: Ashley-biz | - Even with the rapid transformations of our economy, there are still a lot of foreign investors and entrepreneurs who are setting up businesses in Singapore. One of the main reasons being that, businesses can take advantage of the different tax benefits offered by Singapore; businesses can get a strong traction in the global market. Singapore provides a tremendous doorway to just about all of the major Asian markets. Because of its very nice setting, it provides an exceptional business atmosp ... Tags:Singapore company setup, incorporate a Singapore company
Singapore Entrepreneur Pass Explained By: Shayne Hughes | - Singapore is considered as one of the best place to invest because of its strong emerging economy and its prime location for trade, promotion events and formal business operations. According to Rikvin, a leading corporate solutions agent in Singapore, the country has established enough confidence to capture the attention of businessmen and has well promoted their free trade philosophy.
Since a lot of businessmen are considering Singapore to be their business location, Rikvin has pr ... Tags:Singapore Entrepreneur Pass
Asiabizsetup Provides Singapore Entrepass Filing + Business Plan Writing Services By: Diane Enriquez | - Every company in Singapore should have a company secretary as it is stipulated in the business law in Singapore. Along with the company Director, the secretary must also be a resident in Singapore. The role of a Singapore company secretary in a company is very vital as he/she is bombarded by numerous tasks and responsibilities. Below are some areas in the business that shows how the company secretary functions;
All About Singapore Entrepreneur Pass By: Ashley-biz | - Singapore always wants to be one of the greatest regional business hubs in the world. EntrePass, which main purpose is to make foreign individual who is ready to stay and incorporate a business in Singapore. Introduced in 2004, EntrePass is an additional factor in making their country an attractive place to start up a business with for foreigners.
Singapore Entrepreneur Pass Details By: Asia Biz | - Singapore always wants to be one of the greatest regional business hub in the world.EntrePass which main purpose is to make foreign individual who is ready to stay and incorporate a business in Singapore. EntrePass was introduced in 2004 and is aimed at attracting foreign entrepreneurs into the country.
Listed below are only allowed for an EntrePass In Singapore They only allow a foreign national that is up to start a business and will be active in the whole operation of the business.
Types Of Employment Pass In Singapore By: Diane Enriquez | - If you are planning to put up a business in Singapore or just live and work there, it is important to consider some legal factors to make your stay a legit one.There are many choices for what should be the employment pass you need to get for you and your family.
When it comes to employment pass in Singapore the two main consideration is the salary and education.Work experience so do your age and nationality will also be a consideration.
What Is A Singapore Employment Pass By: Diane Enriquez | - Singapore Employment Pass is a work visa given to entrepreneurs who have just incorporated a Singapore company and wishes to Stay in the country or to corporations looking to relocate their staff including managing directors and management staff of the company.
The Singapore Employment Pass validity is normally outlined for one to two years. It is also renewable as long as the pass holder remains employed in a Singapore company. Employment Pass allows foreign individuals to travel i ... Tags:Singapore company incorporation, Singapore Employment Pass
Singapore Company Incorporation: What Are The Legal Formalities? By: John Media | - Many local and foreign entrepreneurs incorporate a Singapore company in order to take advantage of several benefits particularly in terms of taxation, limited liabilities from business-related debts, and bankruptcy protection.
If you are keen on forming a Singapore company, this article outlines the legal formalities when forming a Singapore company.
Singapore Company Registrar: Setup Singapore Branch Office By: Diane Enriquez | - A Singapore branch office is a business structure ideal to foreign corporate organizations planning to expand their operation in the country which has one of the strongest economies in the world.
Legally speaking, a branch office is considered as an extension of a foreign company, meaning, the latter does not enjoy limited liability protection. With this, a parent company is directly liable for the debts and financial losses of its Singapore branch office.
Singapore Company Registrar: Singapore Sole Proprietorship By: Diane Enriquez | - Since a Singapore sole proprietorship is only owned by one person, experts believe that this is the most flexible and simplest business structure, making this setup particularly ideal to micro and small businesses.
The most notable advantage of the sole proprietorship is the full control and authority enjoyed by the owner when it comes to handling his business.
However, the advantage of having full authority comes with a price as the sole proprietor is directly liable ... Tags:Singapore Company Registrar
Singapore Company Formation: Overview Of Each Business Structure By: Diane Enriquez | - Business structure can define the relationship of a person with his business including his legal liabilities and duties. The most common examples of Singapore company setup are the sole proprietorship, partnership, limited liability partnership, and private limited company.
- Sole proprietorship
In this business structure, there is only one owner who has the full control and authority of handling his business. However, this also means that he is the only one l ... Tags:form a Singapore company, Singapore EntrePas
What You Need To Know About Singapore Private Limited Company By: Diane Enriquez | - Most experts believe that private limited company provides the most benefits especially when it comes to bankruptcy protection and taxes, making this the most popular business entity in Singapore.
Compared to sole proprietorship and partnership, a private limited company is considered as a separate legal entity from its owners which means that it can purchase supplies, acquire properties, and charge in a lawsuit using its name instead of naming its shareholders or directors.
... Tags:Singapore entrepass
Singapore Employment Pass: Visa For Foreign Entrepreneurs By: AsiaBiz | - The Singapore Employment Pass is a visa for foreign entrepreneurs, shareholders, and investors who want to setup a Singapore company. In addition, this is also a work visa for foreign.
professionals, managers, supervisors, and other high-ranking employees who want to relocate in the country.
This type of work pass has the most stringent requirements especially in terms of educational attainment. According to the Ministry of Manpower (MOM), this visa requires applicants to have ... Tags:singapore entrepass, singapore, business
A Singapore company offers several benefits to owners, or more correctly referred to as shareholders, especially when it comes to tax advantages, bankruptcy protection, and limited liability to business-related debts.
The Benefits Of Setting Up A Business In Singapore By: danielyio | - Most economists believe that Singapore is one of the best business hubs for foreign companies wanting to expand their operation in Asia and other continents.
These are the factors which make Singapore a good place to setup up a company:
1.Tax incentives and benefits
Foreign businessmen and investors can enjoy low personal and corporate tax rates and other tax benefits. For example, there is an 18 percent tax cap for private limited companies with an annual profit ... Tags:singapore company, visa, business registration, company format
Singapore Business Licenses And Permits By: Paul Media | - Typically application for licenses and permits in Singapore can only be done after successful incorporation of your company; however, in a few instances, application for licenses and permits is done simultaneously with the application for name approval from Accounting and Corporate Regulatory Authority (ACRA), from which, the ACRA system will indicate if another approving authority is required to grant licenses or permits.
Singapore Company Incorporation With Nominee Director Service By: John Media | - If you are a foreign individual who wish to incorporate a company and do not need to relocate to Singapore to run your company operations, you must do the following:
* To incorporate a company in Singapore, Companies Act requires a local resident director. You will need to appoint a trusted contact or engage our nominee director to satisfy the act requirements.
Entrepreneur Pass or commonly known as EntrePass is a type of employment pass for foreign entrepreneurs who would like to start and run a company in Singapore.
Apply EntrePass if you are a Foreign Entrepreneur who lacks the appropriate educational qualification or does not qualify under the Employment Pass scheme, but has proven track records of successful entrepreneurial experience. EntrePass is primarily meant for entrepreneurs that do not ... Tags:singapore, company, registration, business, incorporation
Set Up Arts Or Music Business In Singapore By: John Media | - The arts and music business, though recreational by nature, is classified separately from the entertainment business. Some examples of arts and music business are operas, orchestra concerts, art exhibitions and performance dance troupes. If you plan to start a business in the arts and music industry , you will have to first:
1. Register your business first with the Accounting and Corporate Regulatory Authority of Singapore (ACRA). Your business must register as a sole proprietor ... Tags:singapore, business, setup, company, music, arts
The definition for entertainment and recreation business is broad. It can be a fishing farm or a Kelong where you can fish for prawns; a karaoke lounge or nightclub; or a miniature golf park and more. If you are interested in starting such a business , you will need to first secure a premise that is zoned for commercial use and approved for entertaiment and/or recreation use by Urban Redevelopment Authority of Singapore (URA). Yo ... Tags:singapore, business, setup, entertainment, recreation
Singapore Subsidiary Office Setup By: John Media | - A foreign Subsidiary Company in Singapore is a locally incorporated limited liability company with which the majority of shares are held by the foreign company.
Subsidiary Setup with Relocation to Singapore
If you wish to set up a Subsidiary Company and relocate a staff member to Singapore, you will need to do the following:
* Incorporate a Subsidiary Company
* Obtain an Employment Pass for the staff member who is relocating to Singapore. The Employment Pa ... Tags:singapore, subsidiary, office, setup, company, registration
Singapore Telecommunications Business Setup By: John Media | - To set up a Telecommunications business requires several licenses and permits. But the first couple of things you will have to do are:
1. Register your business first with the Accounting and Corporate Regulatory Authority of Singapore (ACRA). Your business must register as a sole proprietorship, partnership or a private limited company. A private limited company is the best option given the liabilities involved in a storage and warehousing business.
2. Secure a premise f ... Tags:singapore, business, setup, telecommunications, licenses
Singapore Entrepass Versus Employment Pass By: John Media | - Singapore heartily welcomes foreign entrepreneurs, professionals, managing directors and shareholders of Singaporean companies who wish to work or who are seeking to set up a business in Singapore. For that purpose the Ministry of Manpower has allotted two passes; the Employment Pass and the EntrePass. Each has their own requirements to fulfill and involve different procedures.
Guide To Personal Income Tax Singapore By: John Media | -
Taxable Income
Any income that is accrued in Singapore by a person or business is subject to income tax. This means that if a customer pays you for your product & services in Singapore, or if you receive money in Singapore from your overseas sales, the money is subject to tax. Taxable income includes: income from your business, salary from employment, interest earned on your deposits and rental income.
As of September 28, 2009, the new eligibility requirements for application of EntrePass have become more rigorous; the application process has, thus, become more complex. Unless, you have the necessary time and experience, it is advisable that you engage a professional firm to assist you with the application.
At Asiabiz, we have been helping clients with incorporations of their businesses and work pass applications since 1998. ... Tags:singapore entrepass, entrepass application
Singapore is the world's easiest place to do business The Island state has sustained this top ranking for four consecutive years in the World Bank's Doing Business Report. For many foreign enterprises and entrepreneurs Singapore is the preferred destination to locate their business. Foreign individuals and companies are free to register any type of entity in Singapore, which also allows 100% foreign ownership.
Entrepass - Seasoned Businessman's Ticket To Singapore By: John Media | - Along with luck a host of other factors including, economic scenario and regulatory policies should favor a brilliant business idea to graduate into a successful commercial entity. Singapore is one country which encourages the entrepreneurial spirit among locals as well as foreigners alike. Singapore as a business hub will top the list of any foreign entrepreneurs, looking for a commercially viable location in the South East Asian region, to domicile their venture. Entrepass is a boon for such ... Tags:entrepass, singapore entrepass, entrepass visa
Singapore Lead The Way Out Of Recession By: John Media | - Hyatt, Burger King, IHOP, The Jim Henson Company, LexisNexis, FedEx Corp, Microsoft Corp, CNN, MTV Networks, Trader Joe's, Wikipedia Foundation, Sports Illustrated, GE, HP, IBM, Procter & Gamble, United Technologies. What do these well known household names have in common?
A clue lies in this inspirational proverb: When the going gets tough, the tough get going.
If you answered that they were all born during times of recession, you are absolutely right!
Employment Pass Or Entrepreneur Visa (entrepass) In Singapore By: John Media | - Singapore heartily welcomes foreign entrepreneurs, professionals, managing directors and shareholders of Singaporean companies who wish to work or who are seeking to set up a business in Singapore. For that purpose the Ministry of Manpower has allotted two passes; the Employment Pass and the EntrePass. Each has their own requirements to fulfill and involve different procedures.
Option 2 For Singapore Business Migration By: John Media | - Singapore"s EntrePass is designed to facilitate the entry and stay of foreign individuals in Singapore to directly manage their entrepreneurial venture in Singapore. The EntrePass allows successful applicants" families to live in Singapore. Dependant passes granted to the immediate family members allow them to live work and study in Singapore. The successful outcome of EntrePass application depends largely on the 10 page business plan which must accompany other supporting documents while submitt ... Tags:singapore employment pass, singapore entrepass
