Starting a Subsidiary Company in Singapore as a Foreigner

Singapore is a country in Southeast Asia that has been well known as the leading country that is the most business-friendly in the world. It is ranked in second place by the World Bank for ease of doing business as of 2018. A lot of people every day try to grasp on their opportunity by opening a company in Singapore, whether they are locals or even foreigners. Singapore is especially kind to foreigners, as the business legislation of the country allows foreigners to fully own foreign ownership of a company in Singapore. Other than that, starting a business in Singapore also has other advantages, where the country has pleasant tax regulations for businessmen. It is rather low and Singapore has no restriction on repatriation of earnings and capital.

A Singapore subsidiary company is defined as a private limited company that is set in the country. It is the type of business that is mostly preferred by medium-sized companies. It can be fully owned by foreigners as permitted by law. A subsidiary company in Singapore is considered as a separate entity from the parent company in a different country, unlike a branch office. This makes a subsidiary company in Singapore is responsible for its own liability and debts and does not concern the parent company.

A subsidiary company in Singapore must appoint one local director. This local director must be a Singaporean citizen or a Singaporean permanent resident, or someone who owns an Employment pass. This director must be at least 18 years old without a history of bankruptcy or criminal record. If you as a foreigner yourself wishes to be the director in the subsidiary company, then you must acquire an employment pass. You can apply for this pass after successful company registration in Singapore. The subsidiary company in Singapore require a minimum paid-up capital of S$1. It must also have a registered address in the country. The address can be a commercial office or a home office. After the company is successfully incorporated, the company must appoint a secretary within three months. The requirement for a company secretary is that they must be a native to the country. After that, the company must also appoint an auditor.

It must be underlined that a foreigner who wishes to register a company in Singapore must hire the service of a professional firm such as A1 Corporation for help in company registration. The service will help you through all the steps of company registration that will be done online. A company can be incorporated in Singapore in one to two working days as long as all the requirements are met and all the documents necessary are provided.

After the company is registered, you must be able to determine if the type of business you are conducting requires a business license. Not every company needs a business license to run their business. You may consult with the service you hire to make sure that you get the required license in order to allow your company runs a lawful business as demanded by the law.

Establish the Company Reputation with PR Agency

Pick up the best public relation service is an important concern for many business owners today. The business can get the ideal benefits of using PR Agency in Indonesia and ensure better growth. When it comes to launching the business, PR service is mandatory for the business. For this concern, you can access a public relation firm and get the best support and help from the agency. It is a great strategy for the business to standout among the huge crowds in the marketplace. With the help of an agency, you can drive good growth and improve the company reputation.

It is the best way for business owners to tell a story, build the profile and reputation of the company easily. It is good for targeting the potential audience in a simple way.

  • They help you to get the great value proposition that convenient for the business.
  • You can manage a good operational position in the marketplace.
  • You can keep up a good team to deliver the information to the customers.
  • You can bring the audient world-class experience by following the best methods.

They offer a great perspective to the business and gain good outcomes. You can know the practical things involved in the service and learn how it is beneficial for the business.

Keep up the best relationship:

It is the process of managing a good relationship with the stakeholders. You can with the best agency and know the ways to establish a good strategy and tactics to achieve the business goals and objectives in a simple way. PR Agency in Kuala Lumpur creates a positive impact on the business and guides people to solve the business challenges. On the other hand, you can learn what the professionals do for the organization. You can spend time to search for the best agency that well-known in the field. It is the best option to build a brand image and promote to the potential audience in a quick manner. They handle the communication with the stakeholders and immediately react to them. They give the ideal things like management plan, effective draft messaging, and others. They engage you to choose the right platform that better for running the business.

Better for company reputation:

Reputation is the main and important factor for business owners to grab the attention of the audience. The brand recognition is mandatory to compete in a customer-driven economy. You can pick up the best professionals that aid you to manage and develop a better brand presence. This is suitable for the company to stand out from its competitors. In this way, you can boost the value of the business by using natural resources. So, you can make sure the organization reputation with the support of the PR agency. You can follow essential and trending tactics that make you the innovation easily in the industry. The business owners can enhance the growth of the brand and stay in touch with the audience worldwide.

Watch Out for These Things When Creating Your Advertising Flyers

Opting to advertise with flyers is great, especially if you are on a tight budget. Flyer printing seems simple in entirety; it is easy to make and definitely not hard to distribute. Most of all, it is cost-effective. However, you may will only be wasting your money if not enough work is put into your flyers. Low quality flyers will have lesser chance of getting read by your target audience and have them thrown away instead. Flyer printing is generally easy indeed, but in designing your flyers, there are several aspects you need to pay attention to and not do to create a better result.

To design a good flyer, overall, you must be aware of the colors you use. Whatever it is, make sure that there is a good balance and contrast between light and dark areas. You can’t put dark backgrounds with dark texts or vice versa. This will only make it difficult for your potential customers to read your flyers.  A good contrast of your flyers means that you must put light texts over dark backgrounds or vice versa.

You have to make sure that your flyer is easy to be read and seen. In order for your flyers to be easy to read, you must also avoid overcrowding your flyers either with texts or pictures. Make enough space for every element. Effective wording may help you to do this. Use bullets and numberings properly to get your messages across in a simple way. People don’t like reading too many words and like to get straight to the point. Bullets and numberings are especially useful to save space since you only have limited area to write on in your flyers. Don’t be shy and create headlines in bold to garner more attention to your flyers and make the font big enough for people to see. Come up with headlines that sound interesting and convincing so that your readers will be even more intrigued to read the rest of the content of your flyers. And more importantly, do not use words that are uncommon and too difficult to understand. This way, your message won’t be properly conveyed and people will be lazy to read or try to understand what you’re trying to say with your flyer.

Beside texts, graphics such as illustrations and images are important to be included in your flyer. They will help you make a more interesting flyer. If possible, create infographics. It is highly popular lately and it is very helpful in getting your message across in a simpler way. In adding images or illustrations to your flyers, make sure that they are of high quality. Avoid low quality images as they tend to result in bad end product. It will be pixelated on your printed flyer and ruin the overall quality of your advertising tool.

After you are done with the design of your flyers, don’t forget to proofread. Proofreading help you to find mistakes in typing or grammatical errors that you have made. It is highly important and cannot be dismissed at all costs.