What Is Business License Singapore

In singapore there are three 3 main types of licenses.

What is business license singapore. A business licence pertains to a permit metaphorically speaking a go signal issued by a government agency allowing a certain enterprise in singapore to undertake the business operations for which it was established. Certain businesses need to obtain licenses before they can commence operations. Capital markets services license and financial advisers license.

Different types of licences compulsory licence. 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. Setting up a financial services business financial advisers must be licensed in order to carry out certain regulated financial services activities.

This applies to any form of karaoke and music videos that have been re recorded and reproduced on a hard disc or a computerised storage system. An entertainment outlet such as a karaoke or a pub that plays videos on demand on a tv monitor in a public place requires an mrss licence. In order to apply for a business license in singapore the company must be first registered with the registrar of companies.

A travel agency license is required in order to conduct business as a singapore travel agent. Essentially a business license is a permit issued by a singapore government agency that allows you to conduct a specific type of business. Many businesses in singapore require the appropriate licenses before they may begin business operations.

There are two types of licenses i e. For example childcare centres require a child care centre licence. Industry specific business licenses 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. Why business licenses are important. Guide to business licenses and permits in singapore.