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Getting a pass in Singapore
Obtaining an Industry-Specific Business License
Different types of businesses require different types of permits or licenses to operate legally in Singapore. For any business to be incorporated, it must be registered in the Accounting and Corporate Regulatory Authority (ACRA). Thereafter, the approval for a business license can take up to 2 months.
Business Permits in Singapore
Engage Ei-Biz today for a corporate secretary who is well-versed in regulatory requirements, compliance frameworks and internal management.
Why Choose Us
With a dedicated team of accountants, we offer short turnaround services. We care about the financial management of your business as if it were our own.
We provide timely, cost effective, scalable and customized accounting solutions. We are always contactable 24/7.
You Can Trust Us
Legal and ethical practices when it comes to transparency, reporting, and taxes
Up to date
Maintaining up-to-date CPA certification and education on accounting practices and compliance requirements
Prevent penalty or fines.
Incorporate Your Business and Obtain the Licenses You Need to Succeed in Singapore
Our expert team of professionals is here to help guide you through the process of incorporation and obtaining business licenses in Singapore. Contact us today to get your business started and operating.
Types of Business Licenses in Singapore
Some business types only require one license or permit, making them easier to be incorporated. Other industries offer multiple options and selecting the right one can pose an issue when filling out the application. It’s important to consider your primary business intent when filing to avoid delays.
One-stop Business Solution
Single-Option Singapore Business Permits
The list of single-option business permits in Singapore are listed here.
One-stop Business Solution
Multi-Option Singapore Business Permits
The list of multi-option business permits below provide an overview of the options you have and potential requirements that must be met in order to incorporate a business in your industry:
Licenses and requirements needed to open a restaurant or bar after incorporation: Food Shop License, Halal Eating Establishment Scheme (to serve Muslim customers), Liquor License, and Food Products and Appliances Import registration.
Licenses vary depending on the type of retail establishment you wish to open. Aside from incorporation, you must apply for either a Supermarket License, Pharmacy License, Telecommunication’s Dealer’s License, Liquor License, and Copyright License, etc. You may also need to apply for an import license for the products you wish to sell.
Any business attempting to operate in the construction industry must be governed or licensed by the Building and Construction Authority (BCA).
Trading companies follow the same general procedure as retail operators, but there is much more focus on import and export licenses. Permits must be obtained depending on the type of product you trade. For example, local goods require the Certificate of Origin, high-tech goods require the Import Certificate and Delivery Verification, and controlled goods require an In Permit and an Out Permit. There are various taxes and duties that apply here, as well.
The Hotel Keeper’s License is necessary for any hotel. However, you will likely need the same permits as a restaurant or bar in addition to this. There are many other licenses needed in reference to housing, TVs, various forms of entertainment, pools, and more.
In relation to the sea, a shipping company must obtain licenses for boat operations, crew member permits, carrying goods, and operating telecoms equipment. The exact licenses required depend on your business’ intended operations.
Any business attempting to operate in the jewelry or precious stones and precious metals industry must be governed or licensed by the Ministry of Law (MinLaw).
Any business attempting to operate in education must obtain a license from Ministry of Education (MOE).
I would not hesitate recommending EI-Biz Management to any business wishing to incorporate and operate a business in Singapore
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Advises on company set up, company accounting and taxes, and employment pass for business operation are really helpful for our decision making.
We happily recommend your services and look forward to a long and successful cooperation.
With their services, I can focus more with my business expansion while don’t need to worry for failure to comply with government authorities’ rule and regulations.