Company registration in Singapore
Why investment in Singapore ? Foreign employment number almost 180,00-190,000, E Pass 170,000-175,000, Work permit 990,000-1000,000, Total foreign worker 1300,000 plus. Mean a large number of foreign companies are situated in Singapore. Total Foreign Direct Investment (FDI) inflow US$ 70000 (million) as 2015.
Company registration in Singapore as legal part is not difficult bur have some categories as type of investment. Singapore Dollar 100,000 have to remit to get a approval of business licensing with visa.
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| Company registration in Singapore |
Company incorporation in Singapore
There four types of visa categories in Singapore. To obtain said visa have to fulfill the requirement. Central business district, River Valley and some other places are recognized in Singapore as business area. Downtown , many companies have existence too. To complete the process of business permission may require 15 days and having visa may require 2 to 3 months.
How to start a business in Singapore?
About new business licensing as foreign entrepreneurs in Singapore have been discussed. Singapore a cost place of living and doing business. Let see the cost of living :
- For having Lunch 10-13 (SGD)
- Bread 2-3 (SGD)
- House rent 3000-4500 SGD (for small size space)
- Public transport 90 SGD (monthly)
- Dinner 30-40 SGD (for entertainment food)
As foreign entrepreneurs or promoters have to consider many sides before setup a business in any place. Singapore is more expensive city than other countries. Political situation is good that helps for FDI environment.
