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Amongst the various options of company incorporation in Singapore, Singapore subsidiary company can unarguably be said the most preferred and the most favoured incorporation type for foreign entities. This is because of the distinct flexibility it offers, including the ability to register Singapore Company with the permission to have the foreign company owning 100% of the shares while keeping its assets separate. This means that a Singapore subsidiary company can entirely be owned by foreign company and is considered a separate legal entity from the foreign company, thereby the liabilities are only limited to share capital rather than the entire assets of the respective parent foreign company. For More information visit this link: http://precursor.com.sg/register-singapore-subsidiary-company/
While it’s possible for foreigners to incorporate company in Singapore without requiring to visit Singapore and hence the work pass isn’t required if you are not planning to work in Singapore. However, if you are planning to relocate, work or hire foreign-based employees in Singapore, obtaining a valid work pass is mandatory. Singapore has work passes that fit any category of employees based, different levels of skills and salaries. In this post, we will be discussing the various Singapore work passes that are available so that you can understand the different available option and choose to proceed further for the kind of pass you would need. For More information visit this link: http://precursor.com.sg/singapore-work-passes-work-permits-foreigners/
According to the Limited Liability Partnership Act, a Singapore limited liability partnership (LLP) is a type of business structure “where the individual partner’s own liability is generally limited.” This clause protects the various co-partners from liabilities due to misconduct of other partners. This is affirmed by the Limited Liability Partnership Act Section 163A that “the mutual rights and duties of the Singapore LLP and its partners are governed by the limited liability partnership agreement.” For more information read this link: http://precursor.com.sg/frequently-asked-questions-singapore-llp/
While it’s possible for foreigners to incorporate company in Singapore without requiring to visit Singapore and hence the work pass isn’t required if you are not planning to work in Singapore. However, if you are planning to relocate, work or hire foreign-based employees in Singapore, obtaining a valid work pass is mandatory. Singapore has work passes that fit any category of employees based, different levels of skills and salaries. In this post, we will be discussing the various Singapore work passes that are available so that you can understand the different available option and choose to proceed further for the kind of pass you would need. For More information visit this link: http://precursor.com.sg/singapore-work-passes-work-permits-foreigners/
Looking at the various benefits and facilities that are offered by Singapore government, incorporating a company in Singapore as a foreigner is fairly easy and a foreigner can also own up to 100% shares of the company. In this scenario, foreigners requiring to open corporate bank account in Singapore is obvious as the bank account is needed in order to carryout financial operations of the company the bank account should be opened before a company can begin its transactions. In Singapore, various banks provide special facilities, benefits and offer for foreigners, making it easy for them to open a Singapore corporate bank account. As choosing one of the various available banks in Singapore for opening Singapore bank account is a critical decision, here are some important tips that will help you choose the right bank for your Singapore corporate bank account. For more information read this link: http://precursor.com.sg/tips-foreigners-opening-singapore-corporate-bank-account/
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As the businesses are going global on a rapid rate like they have never been before, Singapore because of so many good and valid reasons has been one of the first and most preferred choices for foreign individuals and companies wanting to setup business in Singapore. A host of foreign companies have not only done company incorporation Singapore but have invested and earned heavy profits especially over the last decade, testimony to this is the latest list of Forex reserves. A foreign individual/entity wanting to incorporating company in Singapore has several options which one can choose based on their long-term business goals, type of industry, company size and other factors. For More information visit this link: http://precursor.com.sg/options-foreigners-incorporating-company-singapore/
While it is indeed one of the most preferred company incorporation options in Singapore, finding out whether it is appropriate for nature, kind and goals of your business is necessary in order to choose the best Singapore company incorporation option as well as avoid any unanticipated situation. To help you to make an informed decision, let’s discuss the pros and cons of Singapore private limited company so that you can make a choice about whether or not it is appropriate for you and your business in Singapore. For more information read this link: http://precursor.com.sg/pros-cons-singapore-private-limited-company/
Amongst the various types of Singapore visas and work permits, Singapore employment pass is the most preferred options for employees as well as entrepreneurs looking to re-locate to Singapore. Especially entrepreneurs wanting to re-locate for company incorporation in Singapore find this an easy option, in comparison to Entre Pass, which is while created exclusively for foreign entrepreneurs has cumbersome requirements that are difficult to comply for a lot of foreign entrepreneurs. The Employment Pass allows foreign professionals, managers and executives to work in Singapore. In this post, complete details about Singapore employment pass are provided, including key facts, eligibility requirements, and procedure of obtaining Singapore employment pass as well as tips for assured and faster approval. For More information visit this link: http://precursor.com.sg/singapore-employment-pass-eligibility-procedure-approval/
While it’s possible for foreigners to incorporate company in Singapore without requiring to visit Singapore and hence the work pass isn’t required if you are not planning to work in Singapore. However, if you are planning to relocate, work or hire foreign-based employees in Singapore, obtaining a valid work pass is mandatory. Singapore has work passes that fit any category of employees based, different levels of skills and salaries. In this post, we will be discussing the various Singapore work passes that are available so that you can understand the different available option and choose to proceed further for the kind of pass you would need. For More information visit this link: http://precursor.com.sg/singapore-work-passes-work-permits-foreigners/
Amongst others, one of the key requirements for incorporating a company in Singapore is that it should have at least one resident director. While a local Singaporean resident can become a resident director of his own company himself, it is mandatory for a foreigner looking to register company in Singapore to have a resident director in his company in order to proceed with company registration in Singapore. As ACRA States, “A director must make decisions objectively, act in the best interest of the company, avoid conflicts of interest, and be honest and diligent in carrying out his duties.” The director is the most important stakeholder in a Singapore company considering that he or she is the person responsible for managing the affairs of the company and providing it with directions about how to go ahead both practically as well as on papers. For More information visit this link: http://precursor.com.sg/role-responsibilities-singapore-company-resident-director/
Before one can start a business in Singapore, registering Singapore company with Accounting and Corporate Regulatory Authority (ACRA) and abiding with Singapore Companies Act is mandatory. While one can choose different types of company incorporation, Singapore private limited company is the most common and the most preferred company incorporation type in Singapore. Being a specialist in Singapore company formation, we at Precursor follow an easy and step-by-step process to incorporate a Singapore private limited company. To help you in incorporating a private limited company in Singapore, below is a step-by-step guide that you can follow to incorporate Singapore private limited company with Precursor in the matter of a few hours. For more information read this link: http://precursor.com.sg/step-step-guide-form-singapore-private-limited-company/
Branch Office and Subsidiary Company in Singapore are two of the most well known and preferred types of company incorporation in Singapore from foreigner’s perspective. In this post, we’re comparing both Singapore branch office and Singapore subsidiary company to help you comparing their pros and cons, specialties and features in order to identify the best Singapore company incorporation option that works for you. For More information visit this link: http://precursor.com.sg/branch-office-subsidiary-company-singapore/
As a foreign entity plans to incorporate company in Singapore, getting confused about which option to choose for a best long-term business in Singapore is very much possible. Amongst 3 major options of company incorporation that exists for foreign companies, Singapore subsidiary company registration is the best option for most companies, irrespective of their size such as small, medium or large or multinational. here are 6 key reasons why subsidiary company in Singapore is best option to choose. For More information visit this link: http://precursor.com.sg/6-reasons-singapore-subsidiary-company-incorporation-best-foreigners/
As a foreign entity plans to incorporate company in Singapore, getting confused about which option to choose for a best long-term business in Singapore is very much possible. Amongst 3 major options of company incorporation that exists for foreign companies, Singapore subsidiary company registration is the best option for most companies, irrespective of their size such as small, medium or large or multinational. here are 6 key reasons why subsidiary company in Singapore is best option to choose. For More information visit this link: http://precursor.com.sg/6-reasons-singapore-subsidiary-company-incorporation-best-foreigners/
As a foreign entity plans to incorporate company in Singapore, getting confused about which option to choose for a best long-term business in Singapore is very much possible. Amongst 3 major options of company incorporation that exists for foreign companies, Singapore subsidiary company registration is the best option for most companies, irrespective of their size such as small, medium or large or multinational. here are 6 key reasons why subsidiary company in Singapore is best option to choose. For More information visit this link: http://precursor.com.sg/6-reasons-singapore-subsidiary-company-incorporation-best-foreigners/
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As there are various compelling reasons for starting business in Singapore, foreigners wanting to become Singapore entrepreneurs often have doubts and questions in regards to the things they need for starting business in Singapore and becoming an entrepreneur. Fortunately, Singapore being highly conducive to business and entrepreneurship for foreigners does not actually require a huge list of things. Just a few basics and you’re all set. Here are 3 things you need for becoming entrepreneur in Singapore and starting Singapore business. For More information visit this link: http://precursor.com.sg/3-things-foreigners-need-becoming-entrepreneur-singapore/
When incorporating company in Singapore as a foreign individual/entity, one of the company registration options in Singapore that is used by businesses is Singapore branch office registration. This is one of the 3 company incorporation options that are available to foreigners, while other two options are Singapore subsidiary and representative office. if you choose to incorporate a branch office in Singapore, This post is intended to provide all that you would like to know about Singapore branch office registration, so that the process of company incorporation in Singapore can be smoothen for you by taking informed choices and decisions. For More information visit this link: http://precursor.com.sg/want-know-singapore-branch-office-registration/
In a plethora of company incorporation firms in Singapore, choosing the best service provider is a difficult bet. It is thus important to make an informed decision which Singapore company incorporation firms should you choose if you know the essential qualities of top incorporation service providers. It is, however, possible to find out which Singapore company incorporation firm that you should engage services from if you know the essential qualities of top incorporation service providers. Serious entrepreneurs and multinational companies who seek quality services and consultancy should always be after these 7 essential qualities and validate before hiring service provider for incorporating company in Singapore. For More information visit this link: http://precursor.com.sg/7-essential-qualities-top-company-incorporation-service-providers-singapore/
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Congratulations! So you took the step and incorporated company in Singapore and you are now ready to kick-start business operations. While you’ve taken a great leap, there are post-company registration requirements you need to meet in order to ensure your company is compliant with Singapore laws and policies. Here are the 6 important things you need to do for your post-registration of Singapore company: For More information visit this link: http://precursor.com.sg/6-important-things-need-company-incorporation-singapore/
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Whether you are in process of incorporating company in Singapore or you have registered a Singapore company, one of the key requirements for all companies incorporated in Singapore is to have a company secretary who must be a resident of Singapore. Company secretary in Singapore is the primary person or officer responsible for administrative and reporting functions mandated by law. It is therefore the job of company secretary to ensure that the Singapore company he is responsible for meets all the regulatory obligations. As per law, every Singapore company has to appoint company secretary within 6 month of its incorporation. As the company secretary is such a key position in a company, the following are 5 reasons why you need to appoint company secretary in Singapore. For More information visit this link: http://precursor.com.sg/5-reasons-company-why-engage-secretary-singapore/
If you are a foreign national decided to incorporate company in Singapore, Congratulations! Incorporating company in Singapore is one of the best decisions one can make in today’s global economy and this does definitely open doors to a lot of growth prospects. Once decided, next step in the process of incorporating a Singapore company is to prepare yourself about various things that are required. There are different types of Singapore company incorporation that a foreigner can do. Make sure that you know which one you’re going to adopt (based on your needs and requirements) For More information visit this link: http://precursor.com.sg/handy-checklist-foreign-entrepreneurs-need-incorporating-company-singapore/
If you are a foreign national decided to incorporate company in Singapore, Congratulations! Incorporating company in Singapore is one of the best decisions one can make in today’s global economy and this does definitely open doors to a lot of growth prospects. Once decided, next step in the process of incorporating a Singapore company is to prepare yourself about various things that are required. There are different types of Singapore company incorporation that a foreigner can do. Make sure that you know which one you’re going to adopt (based on your needs and requirements) For More information visit this link: http://precursor.com.sg/handy-checklist-foreign-entrepreneurs-need-incorporating-company-singapore/
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There are different essential types of licenses & Permits needed in order to operate business activities in singapore in strict compliance with singapore law. You can read detailed business compliance requirements in Singapore there. Read more information click this link: http://precursor.com.sg/industry-specific-business-licenses-singapore/