Before Opening A Company In Singapore
1. Decide your business type
In Singapore, four types of business vehicle are available. A Private Limited Company is the most popular type of business vehicle for most businesses. Most entrepreneur will choose to open company in Singapore.
2. Name your business
No matter what kind of business you are running, deciding a business name for Singapore company formation is an important step in the business planning process. As it is part of your company’s branding, you need to ensure that it is properly registered and approved before Singapore incorporation. In general, new company names are approved or rejected within instantly. An approved name will be reserved for 4 months from the date of application for Singapore company formation.