Singapore Company Incorporation Guide
A foreign company or entrepreneur may find challenges in navigating the incorporation process in Singapore. This guide is designed to illustrate options for a business or any individual interested in setting up a business in Singapore.
General Partnership Guide
A General Partnership is most suitable for low risk, low profile businesses. It allows the possibility of acquiring capital, talent and strategic assets based on mutually agreed terms. The business must have a minimum of at least 2 partners, and may have a maximum of 20 partners.
Limited Liability Partnership Guide
A Limited Liability Partnership (LLP) is a perfect blend of partnership setup and Private Limited Company. LLP gives owners the flexibility of operating as a partnership while having a separate legal identity like a private limited company. There must be a minimum of 2 partners.
Sole Proprietorship Guide
This type of entity is suitable for small businesses that have negligible or no risks. It is owned by one person who is the decisive authority and owns all the assets and liabilities of the business. The business is not separate from the Owner who has unlimited liability. Therefore Sole proprietorship may be the simplest [...]
Private Limited Company Guide
This guide is an overview of the four types of companies in Singapore. Private Limited Company Exempt Private Company Public Company Limited by Shares Public Company Limited by Guarantee
Singapore Personalised Employment Pass Guide
Now that the economic epicenter has shifted towards the east, the opportunities in this part of the globe is both abundant and attractive. Foreign talent in pursuit of such opportunities in Singapore can take advantage of the Personalized Employment Pass. The globalization and the resultant free flow of capital, goods and people and exchange of [...]
Local Banks Stay on Top in Asia Ranking
They also move up on list of world’s 50 safest banks. (SINGAPORE) Local banks have topped the list of Asia’s safest banks once again, in a survey conducted by Global Finance magazine. DBS Bank has staked its claim on the top spot for the third year running while OCBC and UOB have been placed at [...]
Strong E-Government Services, Startup Support Define Singapore IT
As Singapore gears up to celebrate its 46th birthday, business executives and citizens told ZDNet Asia the nation’s conducive environment for startups, usefulness of its many e-government services and strong government support to boost cloud computing uptake are some of its “uniquely Singapore” IT traits. Swede Johan Stael von Holstein, co-founder and non-executive director of [...]
Asiabiz Welcomes ACRA’s Latest Initiative To Enhance Corporate Governance
“ACRA’s new guidebook for company directors will enlighten the aspiring directors as well as existing company directors on their statutory obligations and streamline the compliance measures. This will become an indispensable handbook for all entrepreneurs in Singapore,” Says Rikhil Bakhda, of Asiabizservices Pte. Ltd., a Singapore based and corporate services agency.” Accounting and Corporate Regulatory [...]
How to Cut Down Your Taxes
Even if you do not belong in the uber rich tax bracket and is currently not paying huge taxes, it doesn’t mean that you can’t apply on your business. So considering tax strategy to cutting down on income taxes is a wise decision and will surely have a positive effect on your net disposable income. [...]