Why is it good to start a business in Singapore?

Protecting your files start from basic steps. A basic cybersecurity step is to install firewall protection and anti-virus softwares. Always update your software when possible to get the latest patches and fixes. Human error is commonly the cause of these infections so it is best to have a cybersecurity policy and educate employees about these attacks.

At least one Singapore resident must be appointed as the director of the company. Singapore companies are allowed to have 100% local or foreign ownership. New shares can be issued or existing shares can be transferred to another person after the company has gone through the incorporation process. There are no capital gains or dividend taxes on Singapore companies. The procedures for company registration is fully computerised by ACRA (the Accounting and Corporate Regulatory Authority) in Singapore. Usually, a company can be incorporated in 1-2 days.

Hi everyone! I came across a new online bank app in Singapore, Lucy, and wanted to share. My friend told me about it when I needed to take out extra money, and was going to reach out to a moneylender. I’ve asked my boss for money a few times already, but felt embarrassed to ask again. All I had to do was friend my boss on Lucy, and I was able to request for a loan from her on the app itself. 1. It let me select my loan amount 2. Allowed me to choose loan for how many months 3. Let me choose how much money to pay back monthhly I could even add a personalized message, which was then sent to my boss. My boss accepted my request, and now the both of us are able to see my loans and when I’m paying back. SO much easier! And now I am not embarrassed anymore :) I take loans when I have to, and also have a way to track when to return it.

The first one is Sole Proprietorship where an individual who starts up a business, Partnerships whre two or more persons (up to 20) who create a company. Has Limited and Limited Liability versions and Private Limited Companies where the company is an entity separate to the shareholders who aren’t personally liable for any debts incurred. A public company just needs to register itself to the Singapore Exchange.

There are many apps that you can download but here are one of the best. A very popular communication app is Skype. You can use Skype to video or voice call anyone in the world; get up to 25 people together on a call; transmit video, photos and files of any size; share your computer screen; and send text or voice messages. Skype can also be used on Amazon Alexa devices. Fuze is a videoconferencing app that hosts online meetings for all devices which makes it very efficient for meetings. There are other apps you could try such as Addappt, Pushover and Slack.