Every company must partner with an efficient corporate service provider. These agencies are a source of knowledge and expertise which is very useful for running a business in Singapore. These agencies have employees who are highly trained in various tasks which are necessary for running a company. These people can take up the job on behalf of the companies and get it done very quickly and easily.

These corporate service providers save a lot of time for you. As a businessman, you will have a lot of things to concentrate on, to take your business forward. But every company in Singapore has to adhere to many rules and regulations. The service providers can help you in being compliant with the company laws. They know the laws and they will undertake the documentation and preparation of statements to keep you in line with the laws.

 A Guide to Forming Your Company in Singapore

The best way to register your company in Singapore is through corporate service providers. They will help you prepare the documents. They will assist you with the registration of the name. They will incorporate your company within a short time. Mostly this is possible within one day if all the documents have been filled in and signed properly.

The process of setting up a business in Singapore is very simple. But there are certain obligations that must be fulfilled if you want to incorporate your company. The first one is that you must register the name of the company before incorporation. If the selected name has already been used by someone else, you may have to apply again. The corporate consultants can do the name search and get you a name that is available. They will get it registered very easily.

One of the important things in company formation is to know what type of company is most suited for you. Corporate consultants are the best people to advise you on this. They can tell you the constitution of each of these types of companies. They will inform you of the conditions that you must fulfill for each type of company. The consultants can also tell you about the various taxes that you pay and the rebates available.

A company secretary must know the local laws. One will be responsible for informing the directors about any change in the laws. The person is also responsible for guiding the directors in running the company in complete compliance with the local laws. The company secretary is also responsible for calling the annual general meeting to convene. He should also record the proceedings of the meeting. The person has to ensure that the company submits its returns on time.

The corporate service providers can offer their own person to act as your company secretary. They have highly qualified and experienced people suitable for the job. At a very reasonable price, you will get their service until you get your own person. This helps you to stay compliant with the company laws.