A Limited Liability Partnership (LLP) is a vehicle for doing business in Singapore. An LLP gives owners the flexibility of operating as a partnership while having a separate legal identity like a private limited company.This means that the LLP is seen as a body corporate and has a legal personality separate from its partners. The LLP has perpetual succession, which means any change in the partners of an LLP will not affect its existence, rights or liabilities.
Pursuant to the Animal & Veterinary Service (AVS), a division of the National Parks Board (NParks), which announced the finalized Cat Management Framework on 11 May 2024, all pet owners must apply for a new cat licence from AVS and implanted with a microchip. Microchips provide the best form of permanent identification for your pet, utilizing a tiny transponder the size of a grain of rice
Online veterinary dispensaries (e-vet dispensaries) refer to any electronic means of providing dispensary services for health products intended for use in animals, which include, but are not limited to, the following: Allowing consumers to purchase or submit purchase orders for health products intended for use in animals;
Choosing the right company name is important. The name of your company will define its image, and will also be what your customers identify your business and company with. Marketing considerations aside, you also have to ensure that your chosen company name will be approved for registration by the Accounting and Corporate Regulatory Authority of Singapore (“ACRA”) in the first place.
A company may apply to the Accounting and Corporate Regulatory Authority (ACRA) to strike its name off the Companies Register if it is no longer carrying on business. This process is known as "striking off" a company. Please do not close the company's bank accounts until all outstanding matters are settled. Once the company's bank account is closed and there is a tax credit owing to the company
Companies must pay outstanding taxes and fulfil all tax obligations as part of the process of striking off or de-registering the company. A company may apply to the Accounting and Corporate Regulatory Authority (ACRA) to strike its name off the Companies Register if it is no longer carrying on business. This process is known as "striking off" a company.
Limited Partnerships (LPs) in Singapore offer a flexible and attractive business structure for entrepreneurs seeking to establish a partnership while ensuring limited liability for certain partners. This article aims to provide a comprehensive guide for Kaizen’s existing clients or potential clients to explore the requirements and process for Singapore Limited Partnership Registration in Singapore.
Since 2024, the Minister of Manpower (“MOM”) Singapore had made several important announcements for Singapore workforce policies. Increase Compensation Limits Under the Work Injury Compensation Act (“WICA”);Revised COVID-19 Vaccination Requirements for All Pass Holders;Revised Employment Pass (“EP”) Qualifying Salary
In Singapore, the debt collection industry plays a crucial role in maintaining financial integrity and ensuring the smooth flow of commerce. As businesses and individuals engage in transactions, occasional defaults and unpaid debts are inevitable.This necessitates the presence of professional debt collection agencies to facilitate the recovery of outstanding dues.
The Global Investor Programme (“GIP”) is administered by Contact Singapore, a division of the Singapore Economic Development Board (“EDB”) which advises entrepreneurs and business owners who are interested in relocating to and investing in Singapore.