By
paulmedia, on July 26th, 2010 at 10:29 am
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 [...]
By
paulmedia, on March 2nd, 2010 at 12:30 pm
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:
1. Register your business first [...]
By
paulmedia, on March 1st, 2010 at 5:04 pm
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.
A. Open bank [...]
By
johnmedia, on February 25th, 2010 at 7:56 am
This guide provides an overview of Singapore’s personal income tax rates, taxable income, capital gains tax and income tax returns filing.
Taxable Income
Any income that is accrued in Singapore by a person or business is subject to income tax. This means that if a customer pays you for your product & services in Singapore, or if [...]
By
johnmedia, on February 24th, 2010 at 11:16 am
If you want to start a restaurant in Singapore you will need to apply for a license to operate. Only Singapore citizens and Permanent Residents above 21 years of age, or a registered Private Limited company can apply for the license. The company must be registered with Accounting and Corporate Regulatory Authority of Singapore.
Application [...]
By
johnmedia, on February 19th, 2010 at 9:02 am
Singapore is fast becoming a business city of choice. With excellent business infrastructure, political stability, and close economic ties with many of the world’s leading economies, there has never been better time than now for entrepreneurs to immigrate and set up their businesses in Singapore.
One-stop Service
Rikvin Group is a one-stop centre for your Singapore company’s [...]
By
johnmedia, on February 17th, 2010 at 8:24 am
What is the MAS Scheme?
The Singapore government and the Monetary Authority of Singapore (MAS), in their quest to boost Singapore’s status as a centre for private banking and wealth management, set up a new investment scheme to get Singapore Permanent Residence. This scheme, the Financial Investor Scheme (FIS), is our third route for Singapore migration.
There [...]
By
paulmedia, on February 16th, 2010 at 8:11 am
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. [...]
By
paulmedia, on January 29th, 2010 at 4:00 pm
There are many benefits to establishing a company and, more importantly, to be considered a tax resident in Singapore. Singapore, with its sophisticated business infrastructure, has comparatively much lower tax rates than many contemporary developed countries. It has also a large tax treaty network which provides tax reliefs and double taxation of income. It is, [...]
By
paulmedia, on January 22nd, 2010 at 9:40 am
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 [...]