Are you planning to start a business in Singapore? According to various reports, the country is becoming one of the best business hubs in Asia. Entrepreneurs, both foreign and local, prefer Singapore because the government has made it easy for them. Foreign investors can get all the relevant information about registering and setting up a business from reliable agents like Visa Express Singapore. Irrespective of the type of business you decide to open in Singapore, below are the steps to follow when starting any business in Singapore.
This ought to be the first step. The relevant body that takes care of business registration is the Accounting and Corporate Regulatory Authority (ACRA). When one is registering a business, she or he must consider that the business name, address and other important details must be registered. The body is also concerned with getting to know the board of directors who will run your business.
Applying for Permits
Some permits are required to run a business. If you are a foreigner in Singapore, you do not have to peruse all the web pages looking for which permits to apply. Using a reliable agent will ease the work because she or he will do all the work for you. The beauty of using this option is that the agents will save time and do the right thing. Checking the reputation of the agent before hiring is a good habit to increase the chances of having good work done for you.