We can help you stay ahead of the curve in a world where regulatory environments and compliance frameworks are always changing.
Singapore is a well-known business centre in Southeast Asia. This reputation is the product of stringent government regulations and enforcement aimed at reducing the risk of illegal actions and abuses within corporations.
Ongoing Compliance Best Practices
Doing business in Singapore necessitates adherence to a plethora of Regulatory Compliance Requirements. Regulatory compliance refers to an organization’s conformity to relevant laws, regulations, guidelines, and specifications. Regulatory violations frequently result in legal repercussions, including government fines. Businesses will be ordered to stop operating in serious cases of non-compliance.
Singapore’s compliance laws are often simple, logical, and devoid of excessive bureaucracy — especially for small and mid-sized businesses. Nonetheless, if you do not obey even these basic requirements, you risk getting into difficulty with the authorities, which might result in penalties or, in the worst-case scenario, prosecution. As a result, it’s critical to understand and adhere to the tax, employment, data protection, and licencing regulations that all Singapore businesses must meet.
What we do?
Our compliance team shall assist your company in meeting and exceeding regulatory requirements.
Engage our compliance management services to:
- Identify and comprehend your compliance responsibilities
- View central registries for your internal policies and legislations/compliance frameworks
- Prioritize your work by considering the risks of non-compliance (authority documents)
- Assign individual accountability as well as overarching responsibility.
- Keep track of progress in relation to commitments and corrective actions.
If there are any regulatory changes that affect your business, you will be notified
Incorporation
Whether you’re a foreigner or local who wishes to set up a company in Singapore, we have a friendly and knowledgeable team of Singapore Company Incorporation specialists who are able to advise you on how your business can benefit.
Registration of branch
A foreign parent business incorporated outside of Singapore has a branch office in Singapore. The goal of a Branch Office is to make it easier for the foreign parent firm to operate and generate money in Singapore.
Nominee Director
All Companies in Singapore are required to have at least 1 locally resident director. We can assist you in meeting this obligation by appointing one of our team members to function as your company’s nominee resident director on a temporary or annual basis.