- Sole-proprietors and partnerships have other businesses structures. For instance:
- A company must file its annual returns with the Accounting and Corporate Regulatory Authority (ACRA) while sole-proprietors do not.
- Only limited liability partnerships are required to lodge an “Annual Declaration” to ACRA.
- Only partnerships and sole-proprietors need to renew their business registrations annually before the expiry date.
- If you are doing business in Singapore, you are expected to comply with these laws:
Sets out rules for persons intending to carry on a business in Singapore.
Rules relating to the formation of a company and powers and responsibilities of directors and officers, among others.
Sets out the nature of a limited liability partnership, registration and management.
Rules relating to establishing limited partnerships and the duties and offences under the Act.
Sets out the nature of a partnership, relations of partners and dissolution of partnership.
Workshops & Seminars
For more information about the laws, sign up for workshops and programmes under these organisations:
- Singapore Business Federation (SBF)
- Association of Small and Medium Enterprises (ASME)
- Action Community for Entrepreneurship (ACE)
- Singapore Chinese Chamber of Commerce and Industry (SCCCI)