Start a business in Singapore
Singapore is recognized for its favorable economic environment and supportive setting for business owners, presenting numerous opportunities to achieve your goals. Our firm is dedicated to assisting you throughout the process, offering expert guidance and support to ensure a seamless and prosperous start for your business.
Steps and solutions
Our systematic strategy simplifies the process of starting a business in Singapore. We provide tailored solutions that speed up the journey to success, covering everything from selecting the most suitable corporate structure to providing comprehensive support with registration, licensing, banking, and additional services.
Determine business activities
A key step in launching a business is identifying its operational activities. This involves outlining the main functions, services, or products that the company aims to provide or participate in. A precise description of these activities is vital not just for adhering to legal requirements but also for creating a distinct identity for the business. We offer support in establishing businesses across various industries, including but not limited to:
- Aviation
- Bank
- Blockchain
- Business support
- Cars and vehicles
- Construction
- Consulting
- Distribution
- DIY retail
- Education
- Electronics retail
- Energy
- Farming
- Finance
- Fitness
- Food and beverage retail
- Freight and package transportation
- Healthcare
- Hotels and motels
- Information technology
- Laboratory
- Logistics
- Manufacturing
- Marketing
- Media
- Minerals
- Printing
- Publishing
- Real-estate
- Restaurant
- Tourism and travel
Choosing the right legal entity type
Choosing the appropriate legal entity structure is the first step in starting your business. There are several options to consider, such as Private Limited Company (Pte. Ltd.), Public Company Limited by Shares (PLC), Branch Office, and Holding Company in Singapore. Each type of legal entity has unique consequences related to liability, taxation, and operational flexibility. It is crucial to seek legal advice and perform comprehensive research to identify the best framework that aligns with your company’s objectives.
Conducting thorough market research
The experts will assist you in conducting thorough market research and provide valuable insights regarding consumer preferences, market trends, and competitive analysis. With this knowledge, you will be able to create a strong business plan and position yourself strategically in the industry.
Setup legal address
The knowledgeable team will guide you through the licensing requirements, clarify the necessary permits, and assist you with the application process. We will ensure that you acquire all the essential licenses.
Applying for required licenses
The knowledgeable team will guide you through the licensing requirements, clarify the necessary permits, and assist you with the application process. We will ensure that you acquire all the essential licenses.
Opening a business bank account
The team will assist you in selecting a reliable bank and will guide you in the account opening process. We will help you understand the necessary documentation, manage communication with the bank for you, and ensure your corporate account is tailored to fit your specific needs.
Registering your business
The experienced team will assist you with every aspect of the registration process, from preparing to submitting the required documents. We will streamline the registration process to conserve your time and effort, allowing you to focus on growing your business.
Setting up accounting
The experts will assist you in creating effective accounting systems and procedures, guaranteeing that you keep accurate financial records and comply with accounting standards. We will help you manage your business finances effectively, covering everything from bookkeeping to the preparation of financial statements.
Business landscape in Singapore
Singapore serves as a prominent financial center, offering opportunities for international trade and a supportive environment for businesses in the finance, trade, and technology sectors. Its strategic location, developed infrastructure, and robust legal framework provide significant benefits for companies aiming to enter the Asian market.
Start a business with us
Our team is completely prepared to assist you at every stage of starting a business in Singapore. When you are ready to begin, please contact us using the form below to get more information and schedule a consultation. Let us be your reliable advisors as you explore the unique opportunities in Singapore, turning your entrepreneurial goals into real success.