cheapbag214s
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 Posted: Mon 12:26, 04 Nov 2013 Post subject: All employment visas must beobtained from MOM |
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Steps for Singapore Business Setup Discussed
There are some simple steps involved in Singapore business setup. A professional firm can offer efficient meeting the needs of ACRA. Singapore is gradually becoming a profitable marketfor foreign business owners. The rules of regulations make an easy task of Singaporebusiness setup for offshore company. Though the rules and regulations are muchrelaxed but they should be abided by. Steps for Singapore business setup aresimpler and without any hassles, this has been proved by a comparative studyincluding many worldwide business hubs. Most basic rules for setting up abusiness are applicable in Singapore too. Anti Money Laundering legislation andprevention of terrorism are two leading legislations on which the offshorecompany setup is judged against. To stop above mentioned acts Singaporegovernment requires three main documents: a proof for the identity of company,certificates of its shareholders or directors, registered company address andthe residential addresses of the shareholders or directors. These are the maindocuments you will need while Singapore business setup. Now, coming to the steps regarding Singapore businesssetup, they can be categorized in the following sections: ·Singapore Visit: While seeking Singapore companyregistration first step would be to visit Singapore and start off with theregistration formalities. Singapore has an efficient and open immigrationsystem which will make sure you have no problems with visa. You have to simplysubmit an application to the ICA (Immigration and Checkpoints Authority). ·Singapore company registration Process: For Singapore business setup you need to recruit aprofessional company secretary, an agent for registration and a law cumaccounting firm that will aid you in the Singapore company registrationprocess. There are many firms in Singapore that can take care of all business setupneeds of foreign expatriates. Such companies make sure that the startup processis efficient and adheres to the rules and regulations in Singapore. Whileseeking Singaporecompany registration your company must be a registered member of ACRA(Accounting and Corporate Regulatory Authority). The professional firms willguide you through this process. If you have hired a company secretary (as perrules of ACRA) then the person will be able to find a location or address foryour business. Some professional firms also help the business owners findvirtual office addresses. There are various types of Singapore companyregistration available such as sole proprietor, limited liability partnership,partnership, limited partnership or a fully incorporated company in Singapore. ·Staffs: All employment visas must beobtained from MOM (Ministry or Manpower). There are various options foremployment visas too such as Employment Pass (EP) for employees and Entry PassScheme for the company owners. After you have arranged for the employment visasyou can start recruiting workforce for your company. ·Taxes: Singapore offers various taxbenefits to foreign business owners after Singaporebusiness setup. Any professional firm will be able to maintain the dueaccounting records and file the returns in due time. Singapore business setup has reaped great rewards formany foreign business owners. The fame of Singapore as a reputed businesscentre only keeps increasing with passing years. So,[url=http://www.pradaoutletuks.co.uk]prada bags outlet[/url], if you do not have aregistered company in Singapore then you are missing out on hoards ofopportunities. Make a proper selection of Singapore business setup services tomake the process hassle free.
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