Form Your Company

  The corporate secretarial services in Singapore work to ensure statutory compliance of their clients. A number of these firms also offer company incorporation services and can really help business owners in setting up their new companies. SBS Consulting Pte Ltd is a registered filing agent that offers an affordable incorporation package to the startup owners. The package costs only $699. It comes with two FREE services worth $538 (for the first year). A company secretary in Singapore acts as the chief compliance officer of the organization. They interface with the regulating agencies in order to discharge the compliance of their company. After registering a new company, they attend its first board meeting and records the minutes of the meeting. They also record board resolution appointing the officers of the company. They also record resolution for opening a corporate bank account. The board may also pass the resolution on the borrowing of money, mortgage company proper...

Entrepreneurs are always on the lookout for a jurisdiction, which will make it easy for them to do business. They look for low tax rates, protection for their business ideas from copy cats, and comparatively easy compliance. It is the reason why they opt for company incorporation in Singapore . The country ranks 2nd in the 'Ease of Doing Business' indicator in the report compiled by the World Bank. The company incorporation Singapore, by design, is an easy process. If you have the right documents, you, as a local or foreigner, can easily accomplish it within 1-3 days. Registering a sole proprietorship takes even less time.  However, business owners mostly go for private limited company registration . This is a dynamic business or legal structure that scales well with a growing business. It has its benefits. Let us know more about it.  Private Limited Company Registration Entrepreneurs, whenever possible, try to minimize risk and their liability. A private limited com...

  The companies need to be careful with their statutory compliance. They also need to interact with the regulating authorities. It is the reason why companies hire a company secretary or outsource the task to a reliable provider of corporate secretarial services in Singapore. A company secretary acts as the chief compliance officer of the company and ensures the smooth functioning of the board procedures. Today, many companies appoint firms specializing in company secretarial services to take care of their compliance. It is a task for specialists. Company Secretarial Service Provider Takes Care of ·          The experts keep track of deadlines for filing various documents and coordinate efforts with the department heads. ·          They also take care of ACRA compliance alerts & reminders ·          They see to the filing of annual return ·  ...

  How Long Does it Take to Incorporate in Singapore? Believe it or not, you can register your company in Singapore in as little as 1 day! This incredible turn around is largely due to Singapore’s open attitude towards welcoming investment into the country. However, to get your business set up in Singapore as quickly as possible, you’ll have to be prepared. Let’s go through exactly what you need to get ready to have your Singapore business registered and up and running in just 1 day. Where to Start When Registering Your Company in Singapore First thing’s first, you’ll need a registered Singapore company incorporation service to set up your new business in Singapore. This is mandated by the Singapore Government, and their Singapore Accounting and Corporate Regulatory Authority (ACRA). Using a registered  company incorporation service  ensures that you can easily comply with any local laws and regulations, by letting the service do the heavy lifting for you. A good incorpora...

  Many businesses face financial complications and hinder their progress before they can take roots and reach their potential. You can avoid it happening to your small business by updating your records and filing receipts promptly. It will make it easy for you to reconcile your accounts. A professional provider of accounting and bookkeeping services in Singapore can assist you in maintaining your books of accounts. Accounting Standards You should be familiar with the accounting standards dictated by your country, or you can hire a reliable bookkeeping service provider. Knowing the accounting principles, procedures, and standards, in force will be of enormous value in accurate financial reporting. It will assist you in typifying business' liabilities, assets, and depreciation exactly. Chart of Account Recording your business' financial transactions in the income or expense column will give you limited information. It will not help you in understanding what exactly is ...