Follow us on social media and share your feedback

Download our app‍s‍:

Download on the App StoreGet it on Google Play
Singapore
  • Hong Kong
  • UK
  1. Osome Blog Singapore
  2. 70% of Entrepreneurs Prefer to Check in via MyInfo for Incorporation and Secretarial Services

70% of Entrepreneurs Prefer to Check in via MyInfo for Incorporation and Secretarial Services

70% of Entrepreneurs Prefer to Check in via MyInfo for Incorporation and Secretarial Services

Osome has integrated MyInfo to provide SingPass holders with a one-step business formation process, and two-thirds of their clientele use the new feature

MyInfo allows SingPass users to manage their personal data and pre-fill forms in digital services transactions. Business Administration provider Osome partnered with MyInfo to digitalize a crucial interaction: company incorporation in Singapore is now as simple as filling in your number.

Osome has started testing the feature in December 2018 and almost immediately 70% of their clients switched to identifying themselves via SingPass.

Osome is the first agency to offer MyInfo automatic sign-in using SingPass for company incorporation. Now instead of providing the personal details necessary for setting up a business in Singapore, you just log in with your SingPass. The secured algorithm allows Osome to access and upload only the data chosen by the user, such as name, residential status, registered address, etc and makes sure that the entrepreneurs' records are protected from being exposed.

“MyInfo is a great tool and it just makes sense to give Osome customers an option to incorporate using SingPass. If you have uploaded and verified your particulars once, there’s no need to waste time sending it over again. Singapore is doing great progress in making government communication simple, transparent and digital. We want to offer the same ease and consistency to our customers,” says Victor Lysenko, Osome CEO.


Osome is an online service for Company Incorporation, Corporate Secretary, Bookkeeping, Payroll and Employment Passes in Singapore. Our solution to Business Administration is to automate the repetitive and mundane tasks, freeing the certified agents to provide a great user experience. Relying on modern technology, Osome built a hassle-free and super-responsive online service that answers 24/7 usually within 15 minutes and offers reasonable prices. We have recently been named Pioneers of Cloud Community Network by Infocomm Media Development Authority of Singapore and raised US$2 mln in funding to develop and expand.

“Our passion lies in creating really cool products that focus on great user experience, one that the customer would recommend to a friend. We integrate various AI-powered tools to achieve that. But in the end, it’s the right people that make it work,” says Victor Lysenko, the CEO.

Share this post:

Tips to run your business smarter.
Delivered to you monthly.

You'll receive a verification email you'll have to open and confirm the subscription.

You might like it

Statistics on E-commerce in the Singapore in 2021
E-commerce

Statistics on E-commerce in the Singapore in 2021

E-commerce now accounts for more than one quarter of all retail sales in the UK. This number is expected to steadily increase in the years ahead, and would reach nearly one-third of all retail sales by 2024.

Do Your Employees Working Remotely Overseas Have to File Income Tax in Singapore?
Tax

Do Your Employees Working Remotely Overseas Have to File Income Tax in Singapore?

What happens if your foreign employee was on a short-term business trip to Singapore and is unable to return to their resident country? Let’s find out.

A Complete Guide to Filing Estimated Chargeable Income
Tax

A Complete Guide to Filing Estimated Chargeable Income

Starting YA 2020 all companies in Singapore need to file ECI. There are some exceptions, find out if you have to file.

A Guide to Issuing Share Certificates for Singapore Companies
Entrepreneur's Bootcamp

A Guide to Issuing Share Certificates for Singapore Companies

If you are starting a new company, you will need to issue a share certificate when your company is being incorporated. This article will go through the information you need to prepare this document.

Dates and Events to Use in Your 2021 E-commerce Sales Campaigns
E-commerce

Dates and Events to Use in Your 2021 E-commerce Sales Campaigns

Singaporeans spent an average of S$113 online from January to June 2020, driven mostly by high-value shoppers. Find out which dates they do more shopping on.

7 Best Platforms for E-Commerce Entrepreneurs to Sell
E-commerce

7 Best Platforms for E-Commerce Entrepreneurs to Sell

You do not need to spend much time, money, or have much know-how to build your online stores from scratch. Most of the time, the best and fastest option is to sign up with established e-commerce platforms. Here are some of them.

How to Manage Expenses When You Have a Remote Workforce
Running My Business

How to Manage Expenses When You Have a Remote Workforce

One issue a company faces with a team working from home is also managing the company’s budgets. Employees find it hard to access a company's funds while the finance team finds it difficult to administer these expenses.

A Guide to Income Tax for Foreign Company Owners and Directors in Singapore
Tax

A Guide to Income Tax for Foreign Company Owners and Directors in Singapore

This article is for you if you want to know whether you have to pay tax in Singapore on your own salary and are a foreign company owner

A Guide to Setting Up a Holding Company
Incorporation

A Guide to Setting Up a Holding Company

A holding company is an ‘umbrella’ or ‘parent’ company which does not provide products or services like a normal company. That’s what makes it relatively easier to set up a holding company virtually anywhere in the world.

Record Keeping Done Right
Entrepreneur's Bootcamp

Record Keeping Done Right

Record keeping in accounting is a process that most newly formed companies cannot ignore, but what is the most efficient way to approach this? Our partner, Navisteps has some advice for new companies.

Choosing a Financial Year End Date for My Singapore Company
Secretary

Choosing a Financial Year End Date for My Singapore Company

When you incorporate, you need to choose your financial year end date which determines when your corporate filings and taxes are due. Read on to find out how to choose the date for your company.

7 Steps To Keep Invoices Organised for Small Business Accounting
Accounting

7 Steps To Keep Invoices Organised for Small Business Accounting

Managing business finances might be challenging. Staying on top of your invoices and receipts will help you stay on top of your finances. We take you through 7 steps that will help keep you organised.

Tips to run your business smarter. Delivered to you monthly.

You'll receive a verification email you'll have to open and confirm the subscription.

We’re using cookies! What does it mean?