Business License Requirements Singapore

In singapore there are three 3 main types of licenses.

Business license requirements singapore. As a general rule majority of enterprises can carry out their business operations in singapore without having to procure a permit or a business licence from governmental agencies so long as their company registration has been formally filed and approved by acra accounting and corporate regulatory authority also known as singapore s registrar of companies. You do not have to worry too much about your license. Licensing requirements for retail shops vary depending on the nature of goods and services being sold 65306.

Industry specific business licenses in singapore. In order to apply for a business license in singapore the company must be first registered with the registrar of companies. Seller s permit and business license for non us residents.

The licensing requirements vary depending upon the type of telecommunication service being provided. There are a lot of prior authorization requirements such as approvals permits and preparations. You have to pay to get a business license but a seller s permit is free.

Every country has laws controlling what you need to get when starting an online. 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. Although most businesses will not require licenses or permits some industries such as private education trading and hospitality are regulated by approving authorities and will require a business license.

Singapore has made it a lot simpler to build a business license. Listed below are some of the industry specific licenses that must be obtained in order to run a particular business in singapore. Starting a telecommunications business there are several legal requirements and licenses to be obtained in order to establish a telecommunication services related business in singapore.

There are however certain business entities which are subject to more stringent regulations thus required to secure state. Most importantly you must have incorporated your company before you register your license. Why business licenses are important other specific permits and certificates required.