A collection of 4 posts
Many businessmen live with reams of papers all over the office — although they don’t have to. In Singapore, most documents can be signed on the computer, which is just as legal.
Business structure should help your purpose. Choosing Sole Proprietorship or Pte Ltd will define the taxes you pay, the liability, and your obligations to the government bodies.
Annual General Meetings are important. Firstly, they are compulsory. Secondly, vital subjects are discussed there: during AGMs, shareholders approve financial statements. Without the shareholders’ approval, your business can’t meet the filing requirements.
There are 3 types of business organization you can choose from. They vary in terms of liability, the number of owners, and relationships between them.