Setting up a Business in Singapore

Singapore ranks amongst one of the best places in the world to start or grow your business. Credited as the top business environment in Asia by the Economist Intelligence Unit (EIU) in 2003, Singapore is fast becoming the strategic base to access the 500-million-people in the Southeast Asian market and the 2.8 billion strong Asian market.

As the world strides deeper into a knowledge-based economy, coupled with the irreversible phenomenon of globalisation, there will be an increasing demand for services that assist businesses to adapt to the changing dynamics of the global marketplace. In the midst of all this, it should not come as a surprise that key growing industries thrive vibrantly in Singapore.

Singapore currently has more than 6,000 foreign MNCs and 10,000 foreign SMEs from around the world which have set up base in Singapore.

The OCRA Worldwide Singapore team is fully conversant and experienced in the procedures of setting up Singapore business entities.

From inception we will examine and evaluate your business activities and advise you on the most suitable business structure to adopt, which could be either the establishment of a private limited company to a public limited company, partnership limited liability or branch registration of a foreign corporation.

We can also provide the following business support services :

• Registered office address facilities
• Professional directors and nominee shareholders
• Company secretarial services
• Company administration services
• Assistance in the day to day management of the company
• A turnkey administrative service for client companies
• Assistance in opening and operation of bank accounts
• Accounting, financial reporting and consolidation
• Virtual office services
• Preparation of management and statutory accounts
• Arranging audits
• Arranging for the provision of legal and taxation advice and opinions
• Issues relating to work permits and immigration