Should Entrepreneurs Launch their Startups in Singapore 2021?

Is this the right time to opt for a Singapore company incorporation?

“Covid 19 pandemic caught businesses with their pants down” is an understatement. It caught us all in this embarrassing situation. It wiped the business for the airlines, travel, and tourism industry on a global scale.

The Covid 19 disruption made a few promising startups see their almost-done funding deals go down the drains. It also did a few businesses retire from their core business activities and switch their focus to other lucrative business areas.

Singapore Company Registration in 2021

If you want to start your business in Singapore today, you should take a cue from the businesses and industries doing well. Being sceptical about your chances is okay, but ignoring an opportunity could make you lose your chance.

Before you start your business activities, you should register your business. Initiate Singapore company incorporation process with ACRA, the Company Registrar. You can simplify the task by appointing a registered filing agent. Firstly, they will register your company name with ACRA by paying the required fees.

Secondly, they will apply to ACRA to register your company. The process is swift and online, and you will need to wait only 1-3 days for Singapore company registration in 2021.

Your agent generally assigns a manager to you to advise and assist you with the finer points of the process, like incorporation and KYC documents. These professionals can really streamline the incorporation of a new Singapore company for you even if you are a foreigner and new to this jurisdiction.

Learn Original Source: https://steemit.com/singapore/@leslsieshaffer/should-entrepreneurs-launch-their-startups-in-singapore-2021