logo
Wrong email address or username
Wrong email address or username
Incorrect verification code
back to top
Search tags: register-a-company
Load new posts () and activity
Like Reblog Comment
text 2019-02-12 23:40
Looking to Establish a New Company in Singapore? Choose Right Company.

Singapore is a very beautiful city-state which attracts a lot of tourism. Along with this majority here settles with the aim of setting up a new business. That’s why there is huge competition to survive in the market. Once you start a company, there arises a need for company registration. This further involves a lot of legal formalities. If you are a resident of Singapore for a long time, you can very well understand the efforts involved in setting up a new business.

 

 

We take care of all the formalities involved during company registration

Asia biz thus offers you a great deal to set-up your own business. We take care of all the formalities involved during Company Registration. We have the expertise of helping in establishing a variety of companies ranging from small and medium enterprises to multinational corporations. Moreover to that, we offer different deals for different types of customers like foreign individuals and Singapore residents. This is due to the fact that, different procedures are available for the registration of new companies for both types of individuals.

 

A Wide Range of Services to Help you run a hassle Free Business

Along with company incorporation, we also offer a wide range of services like tax preparation Services, accounting services, Bookkeeping Services etc. As per law, every company is required to hold its Annual General Meeting (AGM) and file the Annual Returns under the sections 175, 197 and 201 of the country’s Companies Act. Since it is mandatory, you have to be aware of all the tax regulations relevant to your company’s domain. That’s why there is a separate taxation department for this work.

 

You can’t afford to have the slightest mistake in the tax preparation

 

 

 

 

 

We offer you the Tax Preparation Services to enable you to understand the File Corporation Tax and many other taxes involved. If you are the CEO of a company and wish to grow it to a large scale in future then you cannot take risk of missing a single tax payment otherwise a large penalty would be faced. We thus assure you to take a decision for this part of your company so that you won’t be unnecessarily charged for the penalty.

 

To Save your money and invest it at right place instead of paying penalty

 

 

 

Another important service which is a subset of tax service only is that we offer is a Bookkeeping Service which refers to keeping accounts of your company compiled at some place and managed properly. All the finances of the company including sales orders, purchase orders, expense notes, bank statements, etc. are kept and one place and monitored regularly to avoid any discrepancy at the end of the year. This way you can save your money and invest it at right place instead of paying penalty and spending again due to lack of documents.

Source: www.asiabiz.sg/blog/4-factors-starting-business-singapore
Like Reblog Comment
text 2018-12-28 10:42
All the Business Requirements You Can Fulfill Right at SBS Consulting

Business issues and matters are more everywhere. Entrepreneurs are struggling in their business without getting the true value to their corporations. They desire to get the best business service provider at higher costs also. If you also think the same way, then we would like to tell you to change your mind a bit. You can take the help of outsourced services but it is not necessary to pay them extensively as cheap but authentic business service providers are available in Singapore like us. SBS Consulting provides all the required business services and solutions to the help seeker like entrepreneurs or businessmen to make their business needs fulfilled and satisfied. We have a great range of services which comprise online accounting software Singapore, virtual office address, company incorporation, company registration, corporate secretarial services, XBRL filing, etc.

 

 

The all above-mentioned services are important to shape your business in an effective way as they help to acquire certain business needs and take the business to the top level. We offer our services at relatively low prices with quality and stable work which your business operations actually required. Among the above-given services, company incorporation is the basic level while entering into a new business. As it holds a long step to complete, we make it short and quick for you so that you can turn to your next level. The next level is company registration as it also takes a bit longer to register a company. It is not necessary that you should trust in our spoken words but when you will check our website, you will get the whole overview of our services, projects we yet completed, fees, and company in detail.

 

 

Maintaining financial statements is another concerned task to be considered in the business organization. As many accountants face difficulties in the overall maintenance of financial reports, at that time our accounting software can help you out in all the possible ways. Our accounting software performs well and makes you bring the most effective results in the end. Similarly, a corporate secretary is essential to take the whole responsibility of a company from business operations to its security and we can provide trustful corporate secretaries which will never let your business down as they are highly trained and skilled for the great performance in their field. When you try our services, then only you can experience the real value and quality of our services. We are not forcing you to join us rather we are showing the right way to your success.

Like Reblog Comment
text 2018-12-21 07:17
Search for the Reliable Accounting Services

When you wish to make your dream of registering a company in Singapore a reality, then you should be aware of certain important things. There are certain norms or conditions that need to be followed which would help you to progress further without taking much time. You have to identify certain important things which are required in setting your business. So, if you are able to approach a good and genuine consultancy service, it would prove to be a bonus for you. This is because the perfect and reputed one would provide you with all important details on how to get the registration done in a swift manner. There would not be any type of hassle that would also make you save your precious time. Finding a one-stop solution is possible at FM Accounting & Consultancy services. We help you to provide all useful details that are required in order to incorporate your business in the right way. This would help you to focus your attention on other work as we would make sure that the registration gets done in the perfect manner. 

 

You can find enhanced productivity along with cost savings services to meet your right requirement. Our accounting services help you to maintain the best and proper records. You would be able to get accurate financial information without any problem. Our qualified and experienced Chartered Accountants can help to make things less complicated as well. Our packages are also quite affordable where you can find that it has helped in proving to be of much help to you. You would never find yourself spending much money for our services that we provide. By contacting us for a non-obligatory quote is also possible where you can find our services to be of much use to set up a company in Singapore.

 

At FM Accounting & Consultancy services, you can find useful assistance to register a company in Singapore. This would definitely help to make the process much convenient. We provide services like GST Registration, financial audit, strike-off company, etc to meet your business goal. So, you should try to seek our services without fail which would help you to find the perfect solution. We also provide corporate insurance which is very important for employees and companies. You can always rely on our perfect services where we would assist you in providing the best solution for registration of your company.

Like Reblog Comment
text 2018-12-17 08:05
How to Register a Pte Ltd Company in Singapore

Are you worried about whom to contact and how to register a Pte Ltd company in Singapore? Well, there is no cause to worry. Accounting & Corporate Regulatory Authority (ACRA) acts as the Company Registrar. And, the majority of business owners outsource the task to one of the Singapore incorporation services providing firms.

 

The business owners choose to set up a private limited company (Pte Ltd company) over other types of businesses. A Pte Ltd is a dynamic and scalable business structure. It is a legal, taxable entity in Singapore independent of its shareholders and inspires confidence in its investors and creditors.

 

Singaporean and foreign business owners are advised to seek professional assistance from incorporation services in Singapore. The process is straightforward. With all the necessary documents in hand, these firms can register your company with ACRA within a short time.

 

Key Pre-Incorporation Requirements

 

How to register a private limited company in Singapore is not a puzzle at all. The experts from your incorporation agent will advise you about the documents, process, and the necessary steps.

 

There is a set of private limited company Singapore requirements that you should be aware of. They are as follows:

 

  • At least one shareholder (an individual or a corporate)

  • At least one resident director

  • At least one company secretary

  • Minimum of $1 as initial paid-up share capital

  • A registered physical office address in Singapore

 

Documents Required for Singapore Company Registration

 

The following are the short descriptions of the documents that your services provider needs so as to form a Singapore company for you.

 

Registered Company Name

Create a list of names for your proposed company and see to it that they reflect your business activities. Your provider will check the availability of these names and register one for your use. It should also be suitable as the web address of your business website.

 

Description of Business Activities

This document gives a brief description of your business activities. You will need correct Singapore Standard Industrial Classification Code 2010 (SSIC code) to put on the application to register your company. Your services provider will advise you about the proper SSIC code to describe them.

 

Shareholding

You need a minimum of $1 in initial paid-up capital at the time of . Once formed, the company secretary issues one or more shares to its initial shareholder.

 

Later, the new company may issue more shares and raise capital for its business activities. The total number of shares multiplied by the nominal value of a share represents company's issued share capital.

 

Shareholders' Agreement

The shareholders' agreement is a document that defines the relationship between the shareholders and their rights and obligation. It is a must-have document. You can rely on it to avoid future disputes among shareholders.

 

It is only proper that the brain behind the company gets the lion's share. However, it means having the controlling rights in the company. It is the only way to protect your interests.

 

Particulars of Shareholders

An individual or a corporate entity can be the owner or a shareholder by starting a Pte Ltd company in Singapore. The shareholders can be as many as 50.

 

A shareholder can also act as the director of the company. One of the USP of registering a business in Singapore is that the country allows the foreigners to own 100% shareholding in their company.

 

Particulars of Directors

A company incorporated in Singapore must appoint at least a local director to direct and manage its affairs. Only a natural person, approved by the government, can be a director of such a company.

 

The director has to be an ordinary resident in Singapore which includes a Singapore citizen, a permanent resident, an EntrePass, or an Employment Pass holder. The foreign business owners can hire an ordinary resident as the director, or they can get the nominee director services from one of the incorporation services.

 

Particulars of Company Secretary

The companies incorporated in Singapore must appoint at least one company secretary within the six months of their dates of registration. They are is charged with the corporate governance and statutory compliance of the company.

 

Only a natural person can be the company secretary. They are expected to have mastered the knowledge and skills required for the job. In most cases, it is sufficient for the private limited companies. However, public limited companies must hire qualified and certified company secretaries.

 

Registered Local Address

You need to register a local physical address or registered address for your company's office. It cannot be a P.O. Adress. You can use the residential address for this purpose under the Home Office Scheme; though, you must obtain permission from the appropriate authorities like HDB.

 

The officials from the Singaporean regulating agencies use this address for the official communication with the company. They might also visit the same to check the company incorporation documents, company register folder, etc.

 

Auditor

It is must for the Singaporean companies to employ an auditor within the three months from its date of incorporation. However, it is not necessary to do so if the company is exempted from the audit requirements.

 

M&AA or Model Constitution

The Memorandum specifies the business activities the company may indulge in. The Articles of Association mentions the rules for governing it's internal management. You could use a model constitution prescribed by ACRA. Alternatively, you could use the customized model constitution to suit your business needs.

 

How to Register a Private Limited Company in Singapore

 

The authorities have simplified the process for setting up a private limited company in Singapore. There are only two procedures in it; a)Company Name Approval and b)Applying to ACRA to register a company.

 

Your incorporation agent initiates the process upon receiving the Singapore company registration cost. You also need to pass on all your incorporation-related documents to them.

 

You have to be careful in what you choose as the name of the proposed company. If it includes terms like 'Bank,''Education,' 'Financial,' 'Casino,' etc., the application gets referred to the higher authorities and may need two months for the approval.

 

Incorporation Documents that You Receive

 

After the successful incorporation of your Singapore company, the Company Registrar (ACRA), sends you or the incorporation agent an email.

 

Incorporation Certificate

The ACRA's email contains the soft copy of Incorporation Certificate. It is legitimate in Singapore. It contains the Unique Entity Number (UEN) of the company. Your agent can get its hard copy by paying a small fee to ACRA.

 

Business Profile

Your agent can also extract the business profile of the company by paying a small fee. This is an important document. It contains the company name, the registration number of the company, date of incorporation, its business activities, paid-up capital, registered address, etc. It also documents information of the company's shareholders, directors, and the company secretary.

 

Share Certificate

After the formation of a company, its company secretary issues share certificates to its shareholders. It is the proof of ownership of company's shares. It shows the number of shares issued to the shareholder.

 

First Board Resolution

During the first meeting of the board of directors, a pro-term chairman is selected unanimously to conduct the meeting. Once the quorum is determined, the proceedings of the meeting start. Then, the resolution is passed to appoint the shareholders, auditors, and directors of the company official.

 

Resolution for Opening Corporate Bank Account

A private limited company has an identity independent of its directors and shareholders. It is also a taxable entity in Singapore and needs its own bank account to facilitate its financial transactions. The resolution to open a corporate bank account is passed by the board of directors. It also mentions the signatories to the account in it.

 

Company Seal and Permits

Your provider of Singapore company incorporation services may assist you in obtaining company seal and stamp. You may feel that you are ready to start your business activities. But, first, check, if you need any business licenses and permits. Ask your services provider to apply and acquire them.

 

Singapore company incorporation process is a streamlined affair. How to register a Pte Ltd company in Singapore is not at all a challenging issue. The challenge lies ahead in facing the competition in the eye and applying your ingenuity to overcome it.

 

 

Source: www.sbsgroup.com.sg/blog/procedure-to-register-company-in-singapore
Like Reblog Comment
review 2018-12-07 05:32
How to Run a Home Business - What You Need To Know About Running A Home Business

Running a house business or starting one, can be challenging to do effectively. It takes a lot of work and planning to begin a house business and when you begin, there are barriers which you didn't account for. But you do not need to believe of all of the answers yourself! This report provides valuable insight into various aspects of home business that will make your house company, more efficient and more rewarding.

 

In case you need to push a good deal for your business, make sure to track your gas mileage and maintain receipts for any gas you're using. These fall to traveling costs, which you can get back come tax year. Company registration malaysia for a foreigner to own a corporation in with 100% foreign ownership, called a Sdn Bhd. Tips on how to start a business. Be mindful to also document that the whole time spent driving is important to your company.

 

 

At the conclusion of each day, set your targets for another work day. It's up to you to build a consistent work system that will propel your home business forward. By simply setting up your aims daily before, you're enabling yourself to jump directly into work quickly in the early hours, which is often the time that you are freshest.

 

Involve your family for a team and perform at home business success. Your extroverted spouse might be eager to do cold calls and handle clients. Your kid could be ideal for posts and ad copy, although your son can produce cool logos, web sites and brochures. Most importantly, they need to have fun.

 

Submit your business website to each of the significant search engines. In this manner your pages get ranked in the search engines, which means they will start showing up in the search results in a few weeks. Find out about search engine optimization so that you are able to tailor your web page text to get picked up faster by the search engine results.

 

Find your company supplies through internet searches. Once you get a resale permit, you can buy wholesale supplies. Online providers usually state their conditions on their website. Start looking for the product costs, the minimum order required, and shipping expenses. Many respectable providers online concentrate on small businesses and sell wholesale with little or no minimum purchases.

 

To protect yourself from the audit keep excellent records. Office supplies and mileage could be written off at tax time, but make certain to keep receipts. Put money into a file cabinet to arrange hard copies or scanning receipts on your computer. If you keep detailed records it'll be easy for you to face an audit.

 

As soon as you choose to start a home business you will need to get online. It is essential that you decide on the right host for your website. The first thing you need to do is figure out what your needs are. Do you want a simple HTML website or do you plan on adding features like a discussion board, a database and ecommerce? Your hosting company must support each of the features you want at a sensible price.

 

Establish a daily routine once conducting your home business to stay on track and inspired. One of the advantages of a house business is that the flexibility it gives you in scheduling. But, developing a daily routine with period allocated to conducting your company raises the probability that your company will be prosperous. Otherwise, it is too easy to become distracted by other demands and get rid of focus on your business.

 

 

First you ought to learn more about the kind of business which would attract you most. Evaluate your objectives, interests, and abilities. The most significant facet is that you need to enjoy what you're doing day in and day out. Successful entrepreneurs are the ones who feel enthusiastic about the company they own. S&F is a reputable company that serve SMI Malaysia for GST accounting services malaysia, financial accounting outsourcing services and more. An entrepreneur cannot feel passionate and motivated to victory if they do not enjoy what they do!

 

Among the prerequisites of running a house business, is the capability to run business transactions. First of all, you will need a business banking account. You'll also require system for managing transactions with your clients, including a way of refunding payments, when necessary. You can find online cover systems, such as PayPal, which you can use with this. However, if you want a more pragmatic solution, you could even hire an independent software programmer, to produce a system that is tailored to suit your requirements.

 

Running or starting a home business efficiently, can be hard and not everyone is successful by it. However, that doesn't mean it is impossible and that does not mean you can't be prosperous. This report has revealed that there are several strategies to make home business not just easier, but also more rewarding! Best of luck!

Source: www.sfconsulting.com.my/company-registration-malaysia
More posts
Your Dashboard view:
Need help?