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One example is, In case your business sells styles, you'd utilize the SSIC code “74192,” which means Artwork and Graphic Structure Services. You furthermore mght want to incorporate a brief description of the business’s Main action, like “Marketing of graphic layouts.”
Complete the form underneath to discuss your planned business functions And just how we can assist your setup.
We provide ongoing lawful aid — from shareholder agreements, corporate governance set up, to regulatory compliance and cross‑jurisdiction structuring.
Sole Proprietorship suits solo business owners with nominal compliance but comes with endless individual legal responsibility and no individual authorized identity.
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To make sure a clean Singapore company registration journey, it’s important to stay compliant from the start and find expert assistance where necessary. Partnering with a reliable provider like BBCIncorp can simplify the method and set your business up for prolonged-term accomplishment.
The yearly returns should be submitted within just seven months after the conclude of your company’s financial yr. Nonetheless, it is possible to submit an application for an extension of your time for that AGM or an yearly return of SGD 200.
Singapore is persistently rated opening a company in singapore as a foreigner as among the best destinations on the earth to start a business. With register a business in singapore its simplicity of performing business, reduce corporate tax, and pro-business procedures, it has grown to be a chosen destination for entrepreneurs and businesses alike.
Owning an appropriate constitution can help avoid upcoming disputes and ensures clarity on corporate governance from day a person.
You should not ❌The name must not resemble People of presidency bodies or infringe upon present logos
Generally, the company registration timeline in Singapore requires just a few days. However, if overseas directors or company incorporation singapore licensing demands are involved, it’s clever to develop in a few extra buffer time.
Also, the registered Business should be open to the public for a minimum of a few hrs for the duration of common business hours on weekdays to aid the shipping of legal files and ensure authorities' accessibility. Failure to adjust to these needs may end up in fines of as many as SGD 5,000.
Dewey & LeBoeuf LLP assists businesses composition their operations efficiently To maximise these incentives even though remaining thoroughly compliant with Singapore tax legislation.
In Singapore, all company registration apps has to be submitted online with the Bizfile process, which you'll be able to only do so with a Singpass.