PowerPoint Presentation
Frequent Asked Questions for Our Lawyers in SingaporeA
presentation brought to you by Lawyers-Singapore.com
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Questions for Our Lawyers in SingaporeThe number of foreign
investors coming to open companies or simple citizens wanting to
relocate to Singapore has risen.
It is much simpler to ask alaw firm in Singaporewhat the
legislation specifies.
For those wanting to come to Singapore for business purposes or
looking for a job, here are the answers to the most frequently
asked questions.
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Can Foreign Citizens Start a Business in Singapore?According to
the Singapore legislation, foreign citizens have the same right to
open a company as any Singapore citizen.
Moreover, significant benefits are granted toforeign investors
setting up companies in Singapore.
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Can Foreign Citizens Work in Singapore?The Employment Law allows
foreign citizens to come andwork in Singapore, provided that they
have secured a work contract with a local company.
Our lawyers in Singapore can offer full information on the
Employment Law applicable in the city-state.
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How to Open a Bank Account in Singapore?
Foreign citizens can open bank accounts prior to their arrival
in Singapore.
However, is best to verify first the requirements for opening
bank accounts with ourSingapore lawyers.
We can also assist with the opening of corporate bank
accounts.
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What Are the Steps for Company Formation in Singapore?
It is quite simple toopen a company in Singapore.
The first step is to establish the type of company you want to
open, select a trade name and reserve it with the Singapore Trade
Register and then submit the other required documents.
For details about the complete company setup procedure you can
ask ourlawyers in Singapore.
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Is There a Minimum Capital in Singapore?TheSingapore Commercial
Lawno longer requires a company to have a minimum share capital,
which is why the country is now so attractive to foreign
investors.
The shareholders can deposit the amount they consider
necessary.
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What Are the Documents For Opening a Singapore Company?The most
importantdocuments to register a company in Singapore are
theArticles of Association.
The founders will also be required to submit information about
the shareholders, managers or directors and company secretary.
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Who Can Apply for a Singapore Residence Permit?Foreign citizens
are entitled toapply for Singapore residence permitswhich are
usually related to employment passes.
Our attorneys in Singaporecan provide you with more information
about the Immigration Law.
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Do I Need Special Licenses in Singapore?
There are certain activities requiringspecial permits for
operating in Singapore.
Among these, educational companies, telecom companies and retail
companies are required to apply for special licenses with the
relevant authorities.
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What Are the Taxes in Singapore?
TheSingapore taxation systemis based on tax residency.
Foreign citizens with a Singapore residence permit will be taxed
as the locals.
The Singapore authorities will apply different tax rates for
foreign citizens without a residence or employment pass.
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Why Invest in Singapore?
Singapore offers many advantages to both foreign investors and
citizens.
From investment incentives to high wages, Singapore has a
diversified economy in which everyone could fit in.
Our law firm in Singapore can offer more information about the
laws related to foreign investments.
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Assistance from our Law Firm in Singapore
Ourattorneys in Singaporecan assist you if you want to set up a
company here.
You can also contact us for guidance on applying for
entrepreneur passes.
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Thank you for your attention!For more information, please
contact us at:
+ 852 8191 [email protected]
www.lawyers-singapore.com
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