Incorporation of Business Entities
In Singapore, any business carrying out any activities for a profit on an ongoing basis must register with ACRA. There are 5 types of business structures. Namely, Sole-Proprietorship (comprising of a single owner), Partnership (comprising of two or more owners), Limited Partnership (LP), Limited Liability Partnership (LLP) and Private Limited Company (Pte Ltd). Each structure has their own benefits and they cater to different needs. Sounds complicated? No worries! We can advise you on the best structure after considering your needs as well as the costs and benefits of each structure.
Statutory Register, Company Constitution & Business Profile
With effect from 3 January 2016, ACRA keeps and maintains an electronic register of every company. Since March 2017, all companies are required to maintain additional registers such as the Register of Registrable Controllers. As an ACRA Registered Filing Agent (RFA), we keep ourselves abreast of compliance requirements because we want to giving you a peace of mind.