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Singapore: - A land for setting new business!

Apr 15th 2015 at 3:39 AM

Singapore is known for its strict law and orders, which is the sole reason that sets it apart from other countries, thus making it an ideal place for starting a new business. The Singapore government is stringent to follow these laws as they plan to make Singapore a crime free country.

As for the businesspersons, it is a favourable spot, as they have less chance of getting into risk or a scam. This is also because when people start a new business they are not much experienced or aware of the people in the market. They might get in touch with a wrong person and fall in a trouble situation easily. However, at Singapore, such situations are avoidable and the country welcomes all sorts of business.

Now if you want to start a new business you require

Registered rubber stamp

Singapore bank account

Authorized company seal

Provide certificates for shareholder including the share provided to each of them.

It is suitable for anyone to start a business in Singapore as the country has a good trading reputation with appropriate welcome tax and property laws. Hence, it will not be tough to register as private limited companies.

The Process of registering as a Singapore Ltd Company

1. Firstly, you need to have an approved name for your company. The name should not be similar to that of any pre-registered company in Singapore.

2. Once the name of the company gets approved, then the process of acquiring the Certificate of Incorporation starts. You need to give them a required amount of registration fees. The documents that are required to be filed include Memorandum and Articles of Association ("MAA") which has the outline of all the laws and business activities of the company.

You just need to hire Top Singapore law firms for time- to-time guidance, thus, avoiding any kind of misunderstanding in future. These firms help you in arranging all documents required while arranging your business in Singapore.

The Singapore law firms are highly professional and provide appropriate services to their clients. They are all the way with you right from the incorporation of your company and continue to provide their services whenever you plan to extend your business or need any kind of legal help from them.

Hiring a law firm will reduce your stress as you can easily get your legal advice and can register or start varied new business firms with their assistance. They work as a helping hand as far as the legal portion of your business is concerned.

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