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Company

The Company Constitution is one of the legal requirements in your company’s incorporation process in Singapore. As a new business owner, you would need to know about Singapore’s Company Constitution as you are required to submit it during incorporation.

Fully understanding about the company constitution, staying up-to-date and complying to the Singapore Government’s regulations would not expose a business owner’s company to non-compliance.

Singapore’s business-friendly environment presents many business opportunities for locals and foreigners alike. It takes minutes to <a href="/sg/guides/company-registration-in-singapore/">register a company</a> online, and the fees are affordable. Singapore is also increasingly being chosen as the headquarters for multinational companies in Asia.

One of the things that you need to consider when choosing Singapore as a base to run your business is the cost of living. We have listed for you some of the costs (prices listed are in Singapore Dollars unless otherwise stated) associated with living in Singapore as a foreign business owner.

Today, cryptocurrency is starting to be accepted as a payment method or digital currency. Since the first cryptocurrency inception, as of January 2021, there are more than 4,000 cryptocurrencies that exist. Before you jump on the bandwagon, assess whether cryptocurrencies are suitable to be used in your business.

By the way, if you are an e-commerce company or sell digital products, you might want to keep track of your transactions, even those made using cryptocurrencies. Keeping track of these would help you get a hold of where your expenses and revenue comes in to get a good hold on your finances. If you need advice from <a href="/sg/ecommerce-accounting-services/">experienced accountants in ecommerce</a>, look no further and chat with us!

7 Ways To Accept Payments For Your Online Store

A domain name is an identity and the address for customers to know your <a href="/sg/guides/ecommerce-business/">ecommerce businesses</a>.  It shapes the ecommerce’s brand, and most likely the first gateway to the brand that users first get an impression of. Choosing the perfect domain name is important for your ecommerce business.

By the way, as you build up your ecommerce business, you will need to <a href="/sg/guides/company-registration-in-singapore/">register your company</a> too. We can help you with incorporating your company and also keep up with your accounting work as you grow your business. Just drop us a message to know more. Otherwise, do read on.

A Guide to Choosing Your Ecommerce Store Name

Choosing the right bank is crucial for ecommerce businesses in Singapore, where fast payments, multi-currency support, and reliable digital tools directly impact growth. While traditional banks provide stability, digital banks and fintechs often offer lower fees and faster account setup. To help you decide, we’ve highlighted the 10 best banks for ecommerce businesses in Singapore, focusing on the features that matter most to online sellers.

Dates and Events to Use in Your 2021 Ecommerce Sales Campaigns

When you set up your company in Singapore, you will have to eventually hire to grow your business. As an employer, you have a responsibility and legal obligation to provide basic employment rights to your employees. One of them is to contribute to the Central Provident Fund (CPF) of staff who are citizens of Singapore or Permanent Residents.

Most employees take time to do this right as there are heavy penalties for non-compliance. It can get really overwhelming especially when it is the first time you are going through the process, but get it right the first time and you will set your business up for success. By the way, if you have any questions on bookkeeping and accounting as you set up and grow your business, we’d be glad to help.

Syahirah Aiman Abbas

Singapore Company Constitution — Everything You Need To Know

The Cost of Living as a Foreign Business Owner in Singapore

Should You Consider Using Cryptocurrency in Your Business Operations?

7 Ways To Accept Payments For Your Online Store

What Is a Domain Name and How To Choose the Perfect One?

A Guide to Choosing Your Ecommerce Store Name