For your spouse and unmarried and/or legally adopted children below 21 only.
The Dependant’s Pass is for spouses or children of current Work pass visa holders in Singapore. To qualify, the visa holders must be Employment pass, EntrePass or S Pass holders and currently drawing a minimum fixed monthly salary of S$2,500 and above.
Goods and Services Tax (GST) is a tax on the supply of goods and services made in Singapore by a taxable person in the course or furtherance of any business carried on by him and on the importation of goods into Singapore. Every Singapore business must register for GST if their annual taxable turnover is more than S$1 million or currently making taxable supplies and the annual taxable turnover is expected to be more than S$1 million.
Read more on Goods & Services Tax Registration in Singapore…
Foreign individuals and corporation are welcome to invest and to set up companies in Singapore. Singapore allows 100% foreign individual and corporate shareholding allowed. Singapore has no exchange control nor restriction on repatriation of profits
Read more on Singapore Company Registration Setup Requirements…
Typically application for licenses and permits in Singapore can only be done after successful incorporation of your company; however, in a few instances, application for licenses and permits is done simultaneously with the application for name approval from Accounting and Corporate Regulatory Authority (ACRA), from which, the ACRA system will indicate if another approving authority is required to grant licenses or permits.
1. Once the Singapore company has been incorporated, what are the post incorporation issues I need to consider before I can start my company business activities?
After your Singapore company has been setup, you can start your business activities immediately. However, you may need to do the following if it is applicable to you.
Read more on Frequently Asked Questions on Singapore Company Setup…
The definition for entertainment and recreation business is broad. It can be a fishing farm or a Kelong where you can fish for prawns; a karaoke lounge or nightclub; or a miniature golf park and more. If you are interested in starting such a business , you will have to first:
Read more on How to Set Up an Entertainment or Recreation Business…
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. Once you have establish a business entity with ACRA, you will then register the school with Ministry of Education of Singapore (MOE).
Read more on Singapore Guide about setting up an academic private school business…
To set up a Telecommunications business requires several licenses and permits. But the first couple of things you will have to do are:
1. 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 is the best option given the liabilities involved in a storage and warehousing business
Read more on How to Set Up a Telecommunications Business in Singapore…
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:
Read more on How to Set Up an Arts or Music Business in Singapore…
Registering your Business
Depending on the type of land transport business you plan to set up in Singapore, the process may require more than one license and/or permit. In any case, you will have to 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. Given the nature of this type of business, it is best to incorporate a private limited company as it would protect you from the many liabilities associated with a land transport business.
Read more on Singapore Company Guide on How to Set Up a Land Transport Business and Registration…
How to Setup a Dental Clinic in Singapore info guide by Company Registration Agent
The licensing of medical practices in Singapore is presided by the Ministry of Health (MOH). Applications are made to Central Licensing Branch (CLB) of MOH.
Read more on How to Setup a Dental Clinic in Singapore info guide by Company Registration Agent…
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 register as a sole proprietorship, partnership or a private limited company.
Two more things have to happen before you can start importing goods into Singapore. First, after you have the business registered with ACRA, you will then activate your Custom Accounts using ACRA assigned Unique Entity Number (UEN) and Singpass. Second, you will have to be registered as a trader with Singapore Customs. As a trader you will be able to apply for permits using TradeNet® for each shipment of goods.
Generally most goods are considered ‘non-controlled goods’ such as clothes and shoes. You do not need license to import “non-controlled goods”. However, if you are going import “controlled goods” such as food and animal products, drugs or telecommunication items, you will need to apply for appropriate license for each category from the ‘competent authority’. An example would be importing animals and birds products, you have to apply for a license from the Agri-food and Veterinary Authority of 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 operation first. The premise has to be zoned for commercial use. You are not allowed to use residential premises for any retail activities. Then, you will register your business with the Accounting and Corporate Regulatory Authority of Singapore (ACRA). Your business, though retail, must register as a sole proprietorship, partnership or a private limited company.
Read more on Singapore Guide on how to setup a retail business by Company Formation Agent…
The companies Act requires all Singapore incorporated entity to have a Singapore based registered address.
* The registered address can be either private residential or commercial address.
* Registered address cannot be a PO Box.
* For residential addresses, you need to seek permission from the Housing and Development Board (HDB) or Urban Development Authority.
Read more on Registered Business Address Service for Singapore Company Registration…
Employment Pass or EP is designated for foreign professionals employed by companies operating in Singapore. A foreign entrepreneur who has incorporated a Singapore private limited company is also eligible for an EP so as to operate the business in Singapore. All managing directors and shareholders of a company, who are not Singapore citizens or permanent residents, are also eligible for EP. The EP does not fall under any quota system nor is there a monthly levy charge for EP.
Ministry of Manpower grants each EP with a validity of 1 or 2 years, and it is renewable as long as the pass holder remains employed in the company. With an EP, you can travel in and out of Singapore with minimum hassle at the immigration. It also gives you the benefit of applying for Permanent Residence.
Read more on Singapore Employment Pass Guide by Singapore Company Formation Specialist…
