Business Registration Regulations Singapore

June 9 2020 by asean briefing reading time.

Business registration regulations singapore. Singapore tourism notice to attend court regulations 2014 singapore tourism tourist guide regulations 2014 administered with consumers association of singapore case. Business refers to any activity that is carried out on a continual basis for the purpose of gain. As the intellectual property legislation developed during the last years and singapore evolved into one of the most appreciated international hubs related to the protection of trademarks and industrial designs e commerce companies are strongly advised to register their names with the intellectual property office in the city sate.

This includes online or web based businesses such as running online stores as well. The following article is part 3 of guidemesingapore s five part guide on starting an online business in singapore and provides an overview of the regulatory regime that is applicable to the e commerce industry in singapore. You can easily register your business including foreign branch offices online at bizfile by the accounting and corporate regulatory authority.

The accounting and corporate regulatory authority acra is the national regulator of business entities public accountants and corporate service providers in singapore. As prescribed by section 5 of the business names registration act bnra all types of businesses except those exempted see below must be registered with the accounting and corporate regulatory authority acra. Please note that this is neither a comprehensive compilation of all relevant information on this topic nor professional advice.

Protection for your ideas and innovations thanks to singapore s strict enforcement of its strong intellectual property laws. A company incorporated outside singapore is considered a foreign company. In may 2020 indonesia issued regulation 50 of 2020 which is an implementing regulation for the country s law on e commerce.

An act to repeal and re enact with amendments the business registration act chapter 32 of the 2004 revised edition so as to provide for the registration of persons carrying on business in singapore and their business names to make consequential and related amendments to certain other written laws and for matters connected therewith. An act to repeal and re enact with amendments the business registration act chapter 32 of the 2004 revised edition so as to provide for the registration of persons carrying on business in singapore and their business names to make consequential and related amendments to certain other written laws and for matters connected therewith. Any activity conducted in singapore on a continuous basis with a purpose to generate profit needs to be registered with the accounting and corporate regulatory authority acra of singapore as a business entity.