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Need to Register Company In Singapore: Follow These Tips

by Otto Guzman
written by Otto Guzman

Singapore is the most desirable place to start your new business. It helps people realize the dream of their entrepreneurial. The Government has launched a broad range of programs to assist the business expands. The foreigner can also start a business in Singapore under the company Act. The individual’s age should be 18 years old to start a business in Singapore. The country has a business-friendly ecosystem so you can easily access the business. 

Choosing the best company structure for your company is vital. It is the most critical business activity while registering the company. The correct business structure will allow the company to run efficiently. All businesses should register themselves as part of the legal observance. Company registration in Singapore is essential to operate the business in the country.

  • Choose the best business structure 

Before starting the company registration process in Singapore, you should identify that the business structure is an ideal choice for you. There are various types of business structures, such as sole proprietorship, limited liability partnership, and private limited companies. Based on your needs, you can select the business structure and enjoy the maximum tax benefits. Every business structure provides unique advantages to customers. 

  • Company name 

The business owner should choose the desired company name for their business. There are lots of guidelines which you must observe while selecting the name for your organization like national symbol usage, ensure that there is no vulgar word and others. Also, you should look out that there is any other company similar to your company name. Before selecting the company name, you should consider the nature of the business. 

  • Preparation of business registration documents 

Once the name approved, the company should get the required documents. The business owner may decide to accept the standard company constitution that is acceptable for lots of companies. You should have details of a company secretary, director, shareholder, company officer, and others. Verification of the document addresses proof and identification. Also, you should prepare all the records for the business registration.  

  • Company registration

If you have prepared the entire documents for the company registration, then the organization can be registered. The business registration procedure is conducted online so you can complete the registration process quickly. If the registration of the company has referred to another agency for vetting, the registration procedure can take two weeks or a month. 

  • Get license 

You can get the license of a company from the agency and start the business. It depends on business activities, and the government will provide your license. The permit must be acquired before beginning business operations. Some of the business activities like cleaning business, travel agency, export or import business, restaurant, and other businesses require a business license. 

Singapore has a business-friendly environment. So you can start a new business in the country. By registering the company in Singapore, you can gain a vast range of benefits such as reduce tax, increase production, boost brand awareness, and much more. To find out more info, you can visit this link, www.a1corp.com.sg/company-registration-singapore

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FeaturedGuide & TipsTools

Brief Questions and Explanations About a Common Seal

by Carlos Sim
written by Carlos Sim

A common seal is a tool that is often found and used in the office. Basically, the way a common seal works is by pressing two plates against the front and backside of a paper to leave an embossed imprint onto the surface. Usually, people design a common seal with the logo of their company. A common seal is important because it can confirm the authenticity of a document and approves it for release. It represents the company’s decisions. That’s why, the uses of a common seal can not be taken lightly. Not only the use, but also the designing process.

Simply putting it, a common seal means the official signature of a company or organization. It used to be mandatory for the process of authentication and authorization of a document before it gets released or issued by the company. However, over the past few years, some countries have stated that it is no longer mandatory. Despite so, many business professionals still regard it as proper to leave the imprint of a company logo on the letters or documents that are to be exuded by the company. Thus, a common seal remains as something that is quite highly demanded by many small to large companies.

What is it used?

As briefly mentioned before, it is important for the purpose of correspondence, mostly. A document will be regarded as official and genuine if they can show the logo of the company imprinted on the paper. A common seal can help do this in an elegant way because it leaves an embossed imprint. Even though many countries no longer think a common seal is important, some others still do. It is important to make sure that your documents can be regarded legal overseas as well especially if you’re working with a company from a country that still requires a common seal for business uses. You have to always be prepared and make one from now on. Surely, you don’t want to let a good opportunity slip. So you always have to be able to provide your professionalism whenever possible.

How to get a common seal?

Before you proceed to actually find a place to manufacture a common seal, you have to first make sure that your business is registered with the government. If not, then you should register it according to the steps. After getting registered, you will receive a registration number. This number is very important because it needs to be present in the design of the common seal. You can design your common seal any way you want, as long as it is still proper. All you have to do next is hand in your design to a common seal manufacturer. Normally, a common seal can be made within several working days. Some places even offer the service of one day common seal production. This is good if you’re in a hurry, but bad at the same time because it tends to cost a lot.

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FeaturedGuide & TipsStart

Simple Procedure for Company Incorporation in Singapore

by Nathan Lee
written by Nathan Lee

Singapore is one of the popular remote business places in the world. The people prefer Singapore to start their new business or expand their existing one. Registering the company is easy and hassle-free. Singapore ranked as top places on the planet for doing the business. The economic level of the country is excellent, so you can start the business and operate them smoothly. The individual’s age should be at least 18 years old to start the business.

Guide to register the business in Singapore 

Are you looking to register the company in a metropolitan city? Need to start a new business in Singapore? Well, you are landed in the right destination. Here you can get tips on registering the company in the country. People will be comforted to know that the company incorporation in Singapore is fully computerized. The agency should submit the application form within one hour. The registrar incorporates the business on a similar day. The people can reserve the name of the company and register the organization at once. Below are a few steps to register the company in Singapore. 

  • Reserve name of the company 

Singapore Government should approve the business name before they can register it in the country. The registrar of the company will oversee the procedure of incorporation. The agency will fill the necessary application form and submit it with the required documents. The company registrar must notify the decision immediately. Particular words will show the procedure like the bank, finance, law, media, and much more. If anyone uses these kinds of words, then Government authority will get involved that may delay the incorporation process by weeks. Once you have reserved the company name successfully, you can register the firm efficiently.

  • Register the business 

After the company registrar approves the name of the business, the experts will process the application form and documents on the same day. The accounting will check all the materials, and company shareholders, as well as director, should have signed the forms correctly. The individuals from particular countries may find their application form delayed. The government authority will want to carry out the new interviews. The business owners should pay the company registrar for their service. The service fee also includes in the Singapore company incorporation package offered by the agency. Once you have registered the company, you can operate the business successfully. 

What are the documents required for company incorporation 

Starting the business in Singapore can be a necessary process. For the company incorporation in Singapore, you will need essential information and document related to the company. The following are vital documents and details required to register the company:

  • Name of the company 
  • Number of the shareholder details 
  • The registered address of the company 
  • Company secretary details 
  • Business activities description 
  • Memorandum and Articles of Association 

At the time of registering the company in Singapore, you need to have the document as mentioned above and information that helps you to complete the incorporation process quickly. 

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FeaturedFreelanceGuide & Tips

How to Properly Design a Pull Up Banner

by Carlos Sim
written by Carlos Sim

In order to make a pull-up banner in Singapore that can successfully bring customers for your business, you have to make sure that the design of the banner is right. What makes a good design? Well, basically, a banner needs to be aesthetically pleasing and interesting. The unique point of a banner does not only lies in the background and images that are used for it, but also the words or texts. It takes creativity to bring all the elements of a banner to work well together. However, don’t worry. In this article, you will learn how to make an enticing design that can prove its worth to you as soon as it is put up.

Let’s get started.

1. Think of where it is going to be displayed

This consideration can really affect the way you should design your banner so that it can do well in the designated place. For example, if you know that the pull up banner will be placed in a crowded area, then you really should try to make it stand out more than average so that it can look more interesting compared to the others. You can do this by using vibrant colors and bold texts to grab people’s attention among the crowd. Your banner needs to have an interesting point that can convince the reader of your banner that it is worth their time to read the entirety of your banner. This interesting point of a banner should include a statement that is intriguing. The statement must be able to speak to potential customers and make them feel like they have to give you a chance. It is also important to include a call to action sentence that can push them further into buying your product or using your service. A call to action sentence may be simple but it can really make a difference.

On the contrary, if you are making a pull up banner for a much less crowded place, you can focus on its clarity; making sure that the banner is legible and easy to understand. You can perhaps put more information compared to crowded area banners because people will have more time reading your banner compared to the opposite situation.

2. Concise

Even though people will be less rushed to read your banner in a more quiet place, but it does not mean that you should fill your banner up with too many words. Both crowded place banner and quiet place banner needs to be able to convey messages in a simple and effective way. Either way, people tend to be lazy to read too much information. They will get intimidated by blocks of paragraphs. So try to input information in points with easy to understand words to avoid confusion.

3. Detailed information

To save up more space in your banner and make it look neater and less cluttered, you can try taking out some information that can be put on your name card, brochure, or flyer instead, for example, your contact information and much detailed information regarding your product or service. Your contact information can be provided with your name card, and details about your product or service can be presented with a brochure or flyer. This way, you won’t have to put them in the design of your banner unnecessarily.

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