Starting a Company
Understanding the Business Name Registration Act of Singapore
It is essential to understand the intricacies of the Business Name Registration Act 2014. This Act governs the registration of business names in Singapore, ensuring that businesses operate under a legally recognised name. In this article, we will delve into the key...
Why Are Shelf Companies Worth Your Consideration
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...
Shareholders vs. Members: Understanding the Difference in Business Structures
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...
Startup SG Founder: Empowering First-Time Entrepreneurs in Singapore
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...
Looking to Launch your Textile Production Business in Singapore?
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...
A Comprehensive Guide to Starting a Business in Singapore
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...
What is a Nominee Director and how to appoint one for your Singapore 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...
What does a Singapore Company Secretary do?
A Singapore company secretary is essential in ensuring that the company complies with all regulatory compliance. The company secretary is responsible for duties like maintaining records and statutory registers and administering board meetings and shareholder meetings....
Setting up a Private Limited Company in Singapore
The official term for this would be a Private Company Limited by Shares. The common layperson term would be "private limited". This is a business structure that is limited in terms of shareholder and director liability. This is the most ideal for business owners...
Things to do Post-Incorporation
There are things which the company must work on post-incorporation. These are the items that a typical company needs to take note of: Opening of a corporate bank account Depositing the paid-up capital into the corporate bank account Application of licences Setting up...
Running a Company
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Growing a Company
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Taxes and GST
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Bookkeeping
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News
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