Are you preparing to put a business but you do not know where just yet? Actually, if you're dead serious about this, then you should try to consider putting in up in the Lion City of Asia - Singapore. Being a cosmopolitan city, the Lion City has one of the most progressive and dynamic economies all over the globe. In fact, if carefully planned, starting up a business enterprise here is almost a success guaranteed.
Some people have the common idea that starting a business in Singapore can be very difficult. Truth is, company formation in Singapore can be quite easy, if and only if you have the requirements needed. Following is a rough guide on the things you'll need.
Before Registration:
A. Unique company or business name. This business name must not be identical to any existing or registered company in Singapore. Be creative in choosing one.
2. Shareholders. Singaporean law requires at least 1 to 50 shareholders per company.
3. Paid-up Capital. The minimum paid-up capital is $1 that can be increased over time.
D. Business Address. The location of the business establishment.
If you already have completed the requirements mentioned, then you're ready to register your start-up company in Singapore. This registration will only take up only 2 days, if the requirements are comprehensive, which is relatively quick. The process of Singapore company registration is entirely computerised which facilitates the procedure. For example, it is easy to check for duplicate business names because the data is already computer based.
After the authorization of your company registration, you will be notified via electronic email. And then you will receive the document called the articles of incorporation which is a proof that your business is truly registered in Singapore. That is the last step of the company registration, afterwards you can already start your business operations already.
Some people have the common idea that starting a business in Singapore can be very difficult. Truth is, company formation in Singapore can be quite easy, if and only if you have the requirements needed. Following is a rough guide on the things you'll need.
Before Registration:
A. Unique company or business name. This business name must not be identical to any existing or registered company in Singapore. Be creative in choosing one.
2. Shareholders. Singaporean law requires at least 1 to 50 shareholders per company.
3. Paid-up Capital. The minimum paid-up capital is $1 that can be increased over time.
D. Business Address. The location of the business establishment.
If you already have completed the requirements mentioned, then you're ready to register your start-up company in Singapore. This registration will only take up only 2 days, if the requirements are comprehensive, which is relatively quick. The process of Singapore company registration is entirely computerised which facilitates the procedure. For example, it is easy to check for duplicate business names because the data is already computer based.
After the authorization of your company registration, you will be notified via electronic email. And then you will receive the document called the articles of incorporation which is a proof that your business is truly registered in Singapore. That is the last step of the company registration, afterwards you can already start your business operations already.
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