KNOWLEDGE BASE Setting Up Business In Singapore

EXPANSION GUIDE - SETTING UP BUSINESS IN SINGAPORE

 

There are many ways to take your business into a new country. Know your options and determine which ones are best for your company and expansion plans including setting your business up as a company in Singapore.

 

Use the related sections to choose how you'll do business and get it set up:

Ways To Do Business In Singapore

Determine how quickly you want to enter the market and how much control you want 
Review your options for exporting physical goods: direct and indirect exporting
Review your options for contractual strategies: licensing or franchising
Review your options for equity strategies: acquisition, joint venture, wholly-owned subsidiary, setting up a new business

 

Setting Up A Business In Singapore

Follow these steps to get your business set up

 

Goods - Services Tax In Singapore

Determine if the Goods and Services Tax (GST) applies to your business, how it is calculated, and how to keep records

 

Ecommerce - Online Shopping In Singapore

Singapore has an e-commerce framework that includes the regulation of internet content, advertising, electronic contract formation, and consumer protection. Be sure you are familiar with the applicable laws and regulations and consult with experts to be sure you are in compliance. 

 

Globig Knowledge Base

Learn more about your options for setting up business and building your workforce in these related Globig Knowledge Base sections.

Ways To Do Business In Singapore

Goods - Services Tax In Singapore

Ecommerce - Online Shopping In Singapore

 

 

Globig Resources

Use these related resources if you would like to learn more on your own. 

World Bank Report, Doing Business 2016: Measuring Regulatory Quality and Efficiency

World Bank Group's Ease of Doing Business rankings

The Singapore Accounting and Corporate Regulatory Advisory (ACRA) has put out a series of videos for doing business there.  

Part 1 - Doing Business in Singapore

Part 2 - Types of Business Entities

Part 3 - Types of Companies

Part 4 - Other Important Information

Part 5 - Online Services and Commonly Asked Questions

ACRA also offers a series of How-To Guides, including for Companies, Sole-Proprietorships, Partnerships, and Start-Ups. They also organize them around Starting, Managing, and Exiting. On this site, ACRA also offers guides for Preparing Financial Statements, Filing Financial Statements, and Filing Annual Returns (ARs).  

The Singapore government is well-aware that it benefits by providing assistance to companies that locate  within its borders.  They have set up a site, Starting a Business in Singapore,  laying out information in the following areas:

Entrepass 

Entering Singapore to Start a Business

 

Globig Marketplace

Are you ready to explore what service providers are available to help you on the ground in Singapore?

The Globig Marketplace contains vetted, quality service providers who can help you. Review your options, learn more about them, and even send them an RFI. 

 

Globig

Do you have additional questions or want some help?

Globig is here for you.  Send us a message and we'll get back to you right away to assist you in your global expansion. 

KNOWLEDGE BASE Setting Up Business In Singapore