Singapore, Singapore (PressExposure) November 16, 2009 -- You probably have been cradling a great business idea for a long time, you've an expertise that will fill a niche in the Singapore market, or it can be any number of reasons but it is exciting. So, how do you get started? Before you jump into starting a business, it is important to find information that will provide proper guidance and resources for you to incorporate your company.
With Google and a click of the mouse, you can now access information far easier and quicker. You can learn how to incorporate a business on your own or you can simply find a good business incorporation agency that is suitable for your needs.
Why work with a professional incorporation agency? The biggest factor for engaging the help of a business incorporation agency is that it saves you time. A lot of time. In most cases, a company can be incorporated within hours in Singapore when you engage a professional incorporation agency. You can even get a company incorporated in Singapore while you are in another country through a professional incorporation agency. Another key factor to consider is the process of staying in compliance with Singapore Companies Act and Accounting and Corporate Regulatory Authority of Singapore. A good professional incorporation can guide on compliance matters and even provide you with the corporate support you need.
There are several key elements to consider when looking for a professional incorporation agency to help you start your business. There are many business incorporation agencies available online, so your research can be as easy as clicking of a mouse. It is essential that these companies provide accurate and pertinent information about incorporation of businesses on their web sites. A good company will also have information of its accreditations and history on the web site. It is a good sign when an agency is responsive to your queries, online or phone. A professional agency that provides a quick response must also demonstrate knowledge and patience to your questions. You are planning to start a business, so it is perfectly alright to have too many questions than too few.
Many people are concerned with the cost of engaging a professional business incorporation agency. The professional service can be surprisingly affordable. The pricing varies so it is important that you understand the cost involved in each step of the preparation for incorporating your company. Some agencies are more transparent with their charges than others. It is, therefore, helpful to ask so as to avoid surprising hidden cost or fees.
Singapore is ranked the easiest place to do business in the world according to a survey by the World Bank in 2009. Singapore provides various incentives to encourage entrepreneurship from within and outside of the country. Accounting and Corporate Regulatory Authority of Singapore is the authority in business registration, and it encourages individuals or companies to engage professional agencies to assist them in setting up businesses in Singapore, especially when the businesses will be incorporated as a private limited companies as the process entails a few more steps. So in the hands of business incorporation experts, the steps of taking your idea to becoming a budding business will be fewer in steps, and leaves a whole lot more time for you to develop successful strategies for your business.