New Singapore Company Registration Guide for Beginners is Published by SBS Consulting
Singapore (PRWEB) October 15, 2014 -- “SBS Consulting appoints a dedicated executive to see its clients through the process of Singapore company incorporation. This professional answer all the incorporation related queries and stays on top of the process, till, it successfully finishes,” informed, Mrs. Meena, the business head of SBS Consulting.
“Singapore company incorporation, delivered at a reduced price of S$699, is not the only aspect that SBS Consulting assists with its clients. Carefully projected business plan and selection of a suitable business structure that fully compliments the client’s business needs, play an important role in the company’s success,” appended Mrs. Meena.
SBS assists entrepreneurs opting for Singapore company registration and existing companies in concocting effective business plans. It helps them in coping with the changes in the market conditions. Failure to do so is a recipe for a disaster. In the recent past it has happened to the giants, like, Cannon and Nokia.
“Cannon developed the first digital camera. However, it failed to capitalize on it. Nokia, on its part, failed to come up with a mature business plan to fight off the challenge posed by the Android OS. Pay close attention to the viability of your business plan,” warned the business head.
The underlying business structure of the company should be dynamic and robust. It must allow the company to grow and scale properly. Each year, for this reason, Singapore witnesses thousands of registrations of private limited companies and that of, exempt private companies. These are the most favored and incorporated business structures in Singapore.
“With SBS, Singapore company incorporation takes about 24 hours. After the clients have complied with the requirements of Singapore company registration and submitted their signed incorporation documents to us, we initiate the incorporation process with the ACRA,” elaborated a veteran accountant in SBS Consulting.
The types of Singapore businesses that a LOCAL ENTREPRENEUR can choose from are:
• Sole Proprietorship
• Limited Liability Partnership (LLP)
• Private Limited Company (PLC)
• Exempt Private Company (EPC)
• Public Company Limited by Shares
• Public Company Limited by Guarantee
FOREIGN INDIVIDUAL ENTREPRENEURS can choose from following options:
• Private Limited Company (PLC)
• Exempt Private Company (EPC)
• Public Company Limited by Shares
• Public Company Limited by Guarantee
A FOREIGN CORPORATION has the liberty of choosing from following options:
• Subsidiary Company
• Branch Office
• Representative Office
Sometimes, the approval of an application for company incorporation depends on the acceptance of its business plan by the Ministries of Singapore. It obviously needs time and the incorporation process, then, takes about 14 days to 2 months to complete.
“After successfully registering the client’s company, SBS Consulting assists the business owner in the opening of a corporate bank account in Singapore. This is the only procedure related to the Singapore company incorporation that needs the client’s physical presence,” commented Mrs. Meena.
“We deliver electronic of the Certificate of Incorporation, sent to us by the ACRA, to the client and Memorandum and Articles of Association. We also hand over Company seal to our clients,” concluded Mrs. Meena.
About SBS Consulting:
SBS Consulting Pte Ltd, registered in 2010, is a Singapore firm that offers company incorporation services. The firm provides complete corporate services, like, personal and corporate tax filing in Singapore. SBS has created a loyal customer-base in the Small and Medium Enterprises (SMEs) as well as in the multinational segment in Singapore.
Contact:
Ms. Meena,
SBS Consulting Pte Ltd
35-B Hongkong Street,
Singapore - 059674
Tel: +65 6536 0036
Email: info(AT)sbsgroup.com.sg
Website: http://www.sbsgroup.com.sg/
Meena, Singapore Incorporation Services, http://www.sbsgroup.com.sg/incorporation/, +65 65360036, [email protected]
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