Incorporation of Business Entities
In Singapore, any business carrying out any activity for profit on an ongoing basis must register with ACRA. There are 4 types of business structure namely: Sole-Proprietorship (one owner) or Partnership (two or more owners) Limited Partnership (LP) Limited Liability Partnership (LLP) Private limited company (Pte Ltd). Each structure has its unique benefits and suits different situations. Athel advises the best structure for you after considering the cost and benefits of each structure.
Statutory Register, Company Constitution & Business Profile
With effect from 3 Jan 2016, ACRA keeps and maintains an electronic register of every company. Since March 2017, every company is required to maintain additional registers such as the Register of Registrable Controllers. Athel as an ACRA Registered Filing Agent (RFA) keeps ourselves abreast of compliance requirements, giving business owners a peace of mind.