Business License Fee In Singapore
Although most businesses will not require licenses or permits some industries such as private education trading and hospitality are regulated.
Business license fee in singapore. After paying the license fee of either s 5 or s 10 per day the fee depends on the type of event being held the applicant will receive the license within eight weeks. The license may only be used on the days on which the event is being held. License for annual exhibition.
Permits and licenses will also be required for televisions playing copyrighted materials such as music or videos selling tobacco products having a spa and swimming pool and such. S 300 that is a total of s 315 in fees that you need to pay to incorporate a new company with acra. Issued by the agro food and veterinary authority of singapore ava.
License application fee is s 94 50 and license fee is s 126 and processing time is 4 working days. Certain types of business activities require a business license in singapore. From 1 500 w gst 1 605 activation of custom account.
Depending on the type of business you would like set up in singapore it is sometimes necessary to obtain a license and or permit when you register your business with accounting and corporate regulatory authority acra. Approvals business licenses and permits for singapore companies. Essentially a business license is a permit issued by a singapore government agency that allows you to conduct a specific type of business.
Before setting up a business in singapore take note of the various compliance requirements and processes for companies in singapore and check if it is necessary for your business to obtain a license or permit. In order to apply for a business license in singapore the company must be first registered with the registrar of companies. If you are foreigner you will need to obtain employment pass before submission of business license application.
A hotel business requires the principal hotel keeper to possess the license and is also approved by the hotels licensing board of singapore.