Business License In Singapore
The business license is a permit released by the singapore government agency that enables companies to conduct the business operations they register for with the companies registrar.
Business license in singapore. Certain businesses need to obtain licenses before they can commence operations. For example childcare centres require a child care centre licence. Essentially a business license is a permit issued by a singapore government agency that allows you to conduct a specific type of business.
The license remains valid for 1 year. Construction business setting up license in singapore. Singapore business licenses and permits approvals business licenses and permits for singapore companies 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.
To bring in foreign sourced ingredients you will need to be registered with the agri food veterinary authority ava. A minimum paid up capital requirement for this business to register with acra is s 500 000. Most business activities in singapore dot not require licenses or permits in order to be carried out the only step required being the company registration process with acra accounting and corporate regulatory.
In singapore there are three 3 main types of licenses. You will also need to comply with nea s code of practice of environmental health. Many businesses in singapore require the appropriate licenses before they may begin business operations.
Why business licenses are important. Gobusiness licensing is a one stop portal for businesses to apply for licences they need easily and efficiently. Certain types of business activities require a business license in singapore.
To engage in professional engineering services license is required from the professional engineers board peb in exchange of a fee of s 300. To run a restaurant in singapore you must apply for a mandatory food shop licence from the national environment agency nea.