Advantages and challenges of doing business in Singapore.

Challenges of doing business in Singapore:

• 01) Choosing a right Corporate Service Provider (CSP) in Singapore
• 02) Registration cost
• 03) Singapore local resident requirement
• 04) Registered Address
• 05) Auditor requirement unless exempted
• 06) Secretary requirement
• 07) No loans while having Nominee Director
• 08) Limitation in Fund Raising unless Public Company
• 09) Deposit requirement for voluntary GST registration
• 10) Tightened foreign labour policy
• 11) Adherence to Fair Employment Practice
• 12) Shortage of local workforce for labour position
• 13) Holding AGM
• 14) Filing Annual Return regardless of any status
• 15) Paying Corporate Tax

1

Click here to view the COMPARISON of different types of Singapore Entities and Firms.

2

Click here to view ONLY THE ADVANTAGES / Pros of all types of Entities and Firms in Singapore.

3

Click here to view ONLY THE DISADVANTAGES / Cons of all types of Entities and Firms in Singapore.

4

Click here to view BOTH the Advantages / Pros and Disadvantages / Cons of different types of Firms and Entities in Singapore.