Tools To Help Your Firm With Singapore Company Registration
In July 2012, during the WTO or World Trade Organisation Trade Policy Review, the WTO Secretariat announced that Singapore is among the world's most conducive countries to conduct business. Its open trade policies and very well-organised bureaucracy are all good news for entrepreneurs who wish to find their niche in the Singapore market. At the same time, it is a worthwhile avenue for bigger companies who plan to start regional operations in the city state.
Among the proofs of this highly efficient and business-friendly bureaucracy is the existence of very accessible, easy-to-use government tools that depend on technology to allow users from anywhere in Singapore and the world to access information, run their accounts, as well as make payments for singapore company registration.
The ACRA or Accounting and Corporate Regulatory Authority, Singapore's official business registrar, is one of the agencies with the most business-friendly tools for company registration Singapore. The most useful of these ACRA tools is the BizFile, an online submission platform which lets users submit their documents when applying for registration as a new business entity, from a company to a single proprietorship. The BizFile also allows registered businesses to pay their registration and other fees on the web, thereby removing the need to fall in line during payment periods.
There is also the iShop@ACRA tool that makes business information of registered businesses in Singapore available for purchase online. Still another product, the CCFP or Corporate Compliance and Financial Profile, provides access to financial information of Singapore-registered businesses. Aside from giving companies a financial map of their competitors, the CCFP also provides a thorough report on every company's compliance of financial obligations.
ACRA has also produced an iOS application of the BizFile and its basic services to allow users to retrieve information and administer their accounts even without a computer. Various information brochures complete with illustrations and step-by-step guides are also accessible at the ACRA website. Businesses could use these brochures in educating their staff in the processes concerned in the creation of businesses in Singapore. The government agency also set up a Twitter account, where it shares news and announcements from its website to reach more clients involved in social media.
Among the proofs of this highly efficient and business-friendly bureaucracy is the existence of very accessible, easy-to-use government tools that depend on technology to allow users from anywhere in Singapore and the world to access information, run their accounts, as well as make payments for singapore company registration.
The ACRA or Accounting and Corporate Regulatory Authority, Singapore's official business registrar, is one of the agencies with the most business-friendly tools for company registration Singapore. The most useful of these ACRA tools is the BizFile, an online submission platform which lets users submit their documents when applying for registration as a new business entity, from a company to a single proprietorship. The BizFile also allows registered businesses to pay their registration and other fees on the web, thereby removing the need to fall in line during payment periods.
There is also the iShop@ACRA tool that makes business information of registered businesses in Singapore available for purchase online. Still another product, the CCFP or Corporate Compliance and Financial Profile, provides access to financial information of Singapore-registered businesses. Aside from giving companies a financial map of their competitors, the CCFP also provides a thorough report on every company's compliance of financial obligations.
ACRA has also produced an iOS application of the BizFile and its basic services to allow users to retrieve information and administer their accounts even without a computer. Various information brochures complete with illustrations and step-by-step guides are also accessible at the ACRA website. Businesses could use these brochures in educating their staff in the processes concerned in the creation of businesses in Singapore. The government agency also set up a Twitter account, where it shares news and announcements from its website to reach more clients involved in social media.
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