Business

How To Setup A Business In Singapore: A Comprehensive Guide

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Are you looking to start a business in Singapore? If so, you’re in for a treat! This comprehensive guide will teach you everything you need to know about setting up a shop in Lion City. We’ll cover all the basics, from registering your company to obtaining permits and licenses.

First, let’s talk about setting up a business in Singapore. To do business in this country, you’ll need to register your company with the Accounting and Corporate Regulatory Authority (ACRA). This can be done online through the BizFile+ portal. Once you’ve registered your company, you’ll need to obtain a business license from the Singapore Economic Development Board (EDB).

Next, you’ll need to obtain any necessary permits and licenses for your business. Depending on the nature of your business, this could include a food license or a construction permit. You can apply for these permits through the Business Licensing Service (BLS) website.

Once you’ve got all of that sorted out, you’ll need to find suitable premises for your business. If you’re planning on setting up a retail business, you’ll need to find a convenient location with high foot traffic. Finding a centrally located office space is often ideal for other types of companies.

We hope this information has been helpful to you.