by Willie Tan | Sep 18, 2024 | Starting a Company
A shelf company, also known as a ready-made or aged company, is a business entity that has been pre-registered but remains inactive until it is sold to a buyer. Here are some key points to understand about shelf companies. Advantages of Shelf Companies Time...
by Willie Tan | Aug 28, 2024 | Starting a Company
In the world of business, understanding the various roles and responsibilities within different company structures is crucial. One common area of confusion is the distinction between shareholders and members. Let’s delve into these concepts to clarify their...
by Willie Tan | Aug 26, 2024 | Starting a Company
The Startup SG Founder (SSGF) programme is set to revolutionise the landscape for first-time entrepreneurs in Singapore. With its upcoming changes effective from April 1, 2024, this initiative promises to provide enhanced support and opportunities for innovative...
by Willie Tan | Jul 25, 2024 | Starting a Company
The textile sector, one of the oldest segments of the manufacturing industry, has consistently performed well within the global economy. Asian countries are renowned for their textile mills and manufacturing firms that export products worldwide. Singapore, in...
by Daryl Lum | Apr 18, 2024 | Starting a Company
If you intend to start a business in Singapore, this comprehensive guide from Raffles Corporate Services will be useful to you. Benefits of setting up a business in Singapore Singapore has very low tax rates when compared to other major economies around the world. It...
by Daryl Lum | Apr 18, 2024 | Starting a Company
According to Section 145(1) of the Companies Act, there needs to be at least one resident director in a company. Section 145(1) of the Companies Act: Every company must have at least one director who is ordinarily resident in Singapore and, where the company only has...