5 Easy Steps To Start A Business In Singapore

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  • Опубліковано 31 лип 2024
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    Business entity comparison: www.acra.gov.sg/docs/default-...
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    0:00 - Intro
    0:42 - Choose a business structure
    7:21 - Register a business name
    9:06 - Register a business address
    10:18 - Register business
    11:04 - Hiring an auditor and secretary
    None of this is meant to be construed as investment advice. It's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites.

КОМЕНТАРІ • 48

  • @KelvinLearnsInvesting
    @KelvinLearnsInvesting  Рік тому +2

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    • @lucas-uq1vr
      @lucas-uq1vr Рік тому

      sir how can a foreigner start a business in singapore could you tell this as well

  • @peacemakerz2378
    @peacemakerz2378 Рік тому +5

    Thanks Kelvin! I was just about to start a small business

  • @JYparent
    @JYparent 7 місяців тому

    Thanks for your video 🙏

  • @ron2040
    @ron2040 Рік тому +15

    Teach how to run a business and what to do if business fails for next video 😂

  • @hazwanjani6542
    @hazwanjani6542 9 місяців тому

    Awesome. Please allow your fans to share this video everywhere because those steps you mentioned are hard to find on the web.

  • @ericquahck
    @ericquahck 2 місяці тому

    Thanks Kelvin for the informative video about registering a company in Singapore's context.

  • @Pepperoni249
    @Pepperoni249 Рік тому

    This is very good info. Ive been meaning to start a business in singapore but i do not have a big capital to open a store there

  • @exquisitethings123
    @exquisitethings123 Рік тому +3

    This was extremely useful! Thank you. Can you talk about the taxes for new biz please?

    • @AarhamKaisar
      @AarhamKaisar 5 місяців тому

      Over there tax is huge
      As far as I know

  • @salamunz
    @salamunz Рік тому

    Does this mean we cannot use residential home address for companies/LLP? Can I use a virtual address for it?

  • @MamatShah
    @MamatShah Рік тому +2

    Hi kepvin, for online selling of goods at platform like shopee, do we have to register with acra?

  • @Dars.arts110
    @Dars.arts110 3 місяці тому

    Hi thanks for the info
    Can you tell if we can do multiple small home based business under one grant from the govt?or it just means that we can only do one type of business

  • @diablo7376
    @diablo7376 7 місяців тому

    What's the difference between Limited Partnership and Limited Liability Partnership?

  • @kenkai9097
    @kenkai9097 9 місяців тому

    Is there an advantage to have a high 'Paid Up Capital'? Or can I just put in $100 inside and why?

  • @nugizobella
    @nugizobella Рік тому

    what would be the best option if husband and wife running a simple online business?

  • @raihanzaman1399
    @raihanzaman1399 8 місяців тому

    how can i start water business in singapore and what is the ligule processes of its. if you explain me i will be really grateful to you

  • @yizongliu8953
    @yizongliu8953 5 місяців тому

    Starting a business in Singapore is easy. You only need $1 for capital to do. But turning it profitable is extremely hard because of the highly competitive environment due to free market free accessability to anyone that allows anybody to come in.

  • @yichaozhang745
    @yichaozhang745 Рік тому

    Extremely helpful! Thanks a lot Kelvin! If I want to start a Pte Ltd company, and I don’t have an office, can I use virtual office too? How much would it usually cost though

    • @KelvinLearnsInvesting
      @KelvinLearnsInvesting  Рік тому +5

      Yes, can use virtual office. It's around $4-5 a month if u don't need mail forwarding. Otherwise total around $100 a year

  • @donpetermoses5620
    @donpetermoses5620 4 місяці тому +1

    Great work Bro. Can I talk to you deeply about registering a company?

  • @shaminiprema
    @shaminiprema 11 місяців тому +1

    Hi can I start a private limited company and register under my home address and than hide it ?

  • @tonyying7078
    @tonyying7078 Рік тому

    Can you also share steps to start a business in Malaysia too? Thank you

  • @user-zf8pn2gq2d
    @user-zf8pn2gq2d 7 місяців тому +2

    Consider the following: I am incomporating my company in Singapore; my company's money is not generated in Singapore; do I have to pay tax? Is non-Singapore source income exempt from Singapore taxation?

    • @KelvinLearnsInvesting
      @KelvinLearnsInvesting  7 місяців тому +2

      I’m unsure about yours, but i do declare all my non SG income. Best to check with an accountant

  • @peggychai7535
    @peggychai7535 22 дні тому

    Any different between LLP and LLC ? And also very confused with LL company or corporation ?

  • @randomdigress
    @randomdigress Рік тому +1

    This is really helpful, which do you recommend for a family holding company?

  • @samsonseah74
    @samsonseah74 Рік тому

    Hi Kelvin thanks for the good intro.
    Did you choose pte ltd in the end as well?

  • @BikeEatRepeat
    @BikeEatRepeat Рік тому

    Is this applicable to expats?

  • @SenkodanT
    @SenkodanT Рік тому

    What's a good solve for the registered office address if you don't want your home address to be made public?

    • @KelvinLearnsInvesting
      @KelvinLearnsInvesting  Рік тому +3

      You can check this list for the cheapest options
      www.providecover.com/5-cheapest-virtual-offices-in-singapore-complete-comparison/

  • @kbvlog9321
    @kbvlog9321 Рік тому

    I am from Cambodia and want to open a business in Singapore. Please advise 🥰🥰🥰

  • @kbvlog9321
    @kbvlog9321 Рік тому

    I am from Cambodia and want to have friends from Singapore 🥰🥰🥰

  • @husnyjeffrey
    @husnyjeffrey Рік тому

    Can a dependent pass holder (dependent of a work pass holder) register a sole proprietorship-type business in Singapore?

    • @KelvinLearnsInvesting
      @KelvinLearnsInvesting  Рік тому

      According to this, i think it's possible as long as u are a Singapore resident
      www.acra.gov.sg/docs/default-source/default-document-library/how-to-guides/before-you-start/comparisons-of-business-entities-13apr22.pdf

  • @polarspirit
    @polarspirit Рік тому

    What if I'm planning to start a business in other country? Can I still register and based the office in sg?

  • @devstruction98
    @devstruction98 Рік тому +1

    What about businesses in Malaysia that want to open office in Singapore?

  • @CasperOng
    @CasperOng Рік тому

    Thanks for this Kelvin! Can I ask when in your UA-cam journey did you decide to start your business? Especially when it’s not clear if it will take off hahaha. I’m working on my channel but I don’t think it’s requires a business any time soon

    • @KelvinLearnsInvesting
      @KelvinLearnsInvesting  Рік тому +1

      I only started when it’s profitable. Otherwise I’ll just do it under my own name

  • @thomasconstructionco6579
    @thomasconstructionco6579 6 місяців тому

    Cant understand

  • @jty9603
    @jty9603 2 місяці тому

    If i want to start a home based business in Singapore, how do i go about it? Im a Malaysian.

    • @KelvinLearnsInvesting
      @KelvinLearnsInvesting  2 місяці тому

      Sure you can start. You can just register the company that most fit your criteria!

  • @jkho8365
    @jkho8365 Рік тому

    Nice to meet you my name is cai fan huat big big

    • @chuckyinges
      @chuckyinges Рік тому

      Partner's name is add fish everyday