Tips to Manage Your Company Registration and other Corporate Needs in Singapore

To manage your business setup and accounting needs in Singapore, you will have to be smart enough to find the best corporate service agencies in the country first. Also, you can approach the genuine accounting and business registration professionals in Singapore, who are in the same profession and have awareness of all corporate and legal norms associated with both processes. For this, you still have to get in touch with genuine business registration and accounting firms in Singapore, which are ready to serve foreign and existing businesses in Singapore to help them setup their new ventures or regulate accounting works smoothly of existing ones.

Tips to Find Genuine Corporate Service Agency in Singapore

So, it is equally important to finding the right agency, which can serve you with both services at a reasonable cost. For this, you can check with few relevant tips to find the genuine corporate service agency for your business needs as follows:

• You should first check with the background of the agency and go through with its previous work records or years of experience in the industry.
• Make sure the agency has done well in the recent past years and has been serving many foreign or existing businesses in Singapore for setting up their ventures or resolving their accounting and corporate issues as per ACRA laws in the country.
• There should be some corporate consultants, legal advisors charted accountants, and executives in-house the agency too. Also, they should be aware of all legal norms of ACRA and IRAS in Singapore for the incorporation of new businesses as well as managing all accounting and taxation needs of companies too.
• Make sure the agency does charge reasonably for its services like accounting and company incorporation Singapore for all new and existing firms in the nation.

     

Tips to Manage your Company Registration in Singapore

Before you apply for company’s registration in Singapore, you should have to pass through with new company incorporation process to get the company’s name approved and verify prior details of business with ACRA. Once you will get done with the same process and avail the company incorporation certificate from high authority, you should move to the next step of company registration in Singapore too.

Requirements of Company Registration in Singapore

If you do not know how to register a company in Singapore or what are the requirements for the same, do follow the below tips:

• Firstly, you should have to complete with all company incorporation formalities and   get the approval of the company’s name from ACRA in Singapore.
•  Furthermore, you need to appoint on residential director and one shareholder of the company too. The number of shareholders can be increased up to 50 maximum.
•  Do submit details of the residential proof and bank account as well. 
•  Make sure, the company’s paid capital should be at least S$1 Million.
•  There should be one company secretary in-house to manage the company’s matters.
• Once you will complete all the above requirements and will submit all details to the ACRA the government in Singapore, you will get the genuine registration number of the company soon.

Accounting Works of Existing Business in Singapore

If your business is getting hassles in accounting works, you can resolve them easily through best accounting agencies in Singapore. At such firms, you will find skilled charted accountants, who can resolve all types of accounting, finance and tax-related matters of small and mid-size (SMEs) businesses in Singapore as per ACRA norms.

Moreover, you will also come to know about the best accounting software, which can help you in managing your accounts, finance, GST and other business related things easily. You can avail GST compliant software from authorized accounting firms in Singapore as well.

Hence, there is so much scope to manage all your company registration to accounting needs of business in Singapore at respective agencies of each work.