Asiabiz Discusses On Singapore Entrepreneur Pass Eligibility and Privileges

With an open economy, foreign investors flock to Singapore to take advantage of its entrepreneurial landscape. Singapore has a very attractive taxation rates for corporate and personal level. In the Year of Assessment 2011, the are even lower than the current. Foreign investors can relocate to Singapore to run their company. To gain eligibility, they [...]

Singapore Employment Pass Work Visa for Professionals and Entrepreneurs

The Ministry of Manpower (MOM) allows the foreigner to apply for a after they have incorporated their Singapore Company to enable them to live and work in Singapore. The EP does not fall under any quota system nor is there a monthly levy charge for EP. Woman at meeting Ministry of Manpower may also base [...]

Setting up a Maritime Company

Singapore’s importance as an international maritime center is growing in importance with the economic center of gravity shifting towards east and the resultant spike in trade volumes.Singaporehas a strategic location along the confluence of major global shipping routes and is a world leader in terms of shipping container volume.Singaporegovernment also extends very attractive incentives to [...]

Singapore Trading Industry Guide

Trade continues to be the key pillar of Singapore economy, which is presently diversified into various sectors ranging from manufacturing to financial services. Trading remains a dominant activity and the very foundation for Singapore’s modern history was laid when it blossomed into an Entrepot for the regional and eventually the global trade. Singapore’s economic stature [...]

Set Up a Hedge Fund Company in Singapore

Global capital is headed towards Asia- Pacific, which is outperforming the rest of the world in economic growth. The hedge-funds also follow the capital and expert predictions have almost become a reality, there is a shift in gravity towards Asia for the industry. Asia is considered both as a significant source of funds owing to [...]

Import and Export Goods in and out of Singapore

If you want to imports goods from overseas to retail in Singapore, you are required to apply for both import permits and licenses for ‘controlled goods’. To begin, you will need to make sure your business is already registered with the Accounting and Corporate Regulatory Authority of Singapore (ACRA). Your business, may be retail, must [...]

Set Up an Academic Private School

If you plan to start a school that has ten or more children, you will need to register as a business first with the Accounting and Corporate Regulatory Authority of Singapore (ACRA). You must register as a sole proprietorship, partnership or a private limited company. If you are a foreigner, you must engage a company [...]

Set Up Arts or Music Business

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: Register your business [...]

Set Up a Retail Business

How to Form a Retail Business in Singapore In many cases setting up a retail business in Singapore is relatively straight forward. The nature of your retail business and the space often determine whether you will need license and permit to operate. In any case, you will need to secure a premise for your retail [...]

Set Up a Shipping Business

To set up a shipping firm requires several licenses and permits. But the first couple of things you will have to do are: 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 [...]