open an e-commerce company in singapore
TRANSCRIPT
Open an E-Commerce Company in Singapore
A presentation brought to youby OpenCompanySingapore.com
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Online Companies in Singapore >>
• E-commerce is one of the fastest growing markets in the world helping business owners to attract more customers and offering them worldwide exposure.
• However, before starting an e-commerce company, there are several steps to be completed in order to ensure the business’ success.
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>> Online Companies in Singapore
• Like with all other types of companies , Singapore has adapted its legislation in order to welcome investors setting up online businesses in the city-state.
• Before starting operating, the company should be registered with the Trade Register in Singapore.
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Licensing Requirements for Singapore E-commerce Businesses
• All online services in Singapore fall under the supervision of the Singapore Broadcasting Authority.
• All internet service and internet content providers are required to obtain the necessary licenses before starting operating in Singapore.
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Regulations for Singapore E-commerce Companies >>• There are several regulations
providers of online services in Singapore must respect:
• online gambling service providers are regulated by the Betting Act and the Common Gaming Houses Act;
• online financial services providers are subject to the Singapore Companies Law.
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>> Regulations for Singapore E-commerce Companies
• Other regulations for e-commerce companies in Singapore are the following:
online companies selling second hand goods are subject to the Second Hand Dealers Act and must obtain a special license;
promotional activities on the internet are subject to the Common Gaming Housing Act and the Public Entertainment Act in Singapore.
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Open an E-commerce Company in Singapore >>
• Once the company is registered with the Singapore Trade Register, the founder must set up the appropriate structure of the online platform.
• In order to do so, he must follow a few steps.
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>> Open an E-commerce Company in Singapore• The main steps that must be
completed in order to start your business activities online are:
the registration of the domain name;
selecting a hosting service;
designing and developing the website.
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Starting Your E-commerce Company in Singapore
• The online company in Singapore must also ensure all other storage facilities for the goods to be sold, the staff, the IT systems and delivery services.
• Our company registration agents in Singapore can also offer you other important services for your business, such as accounting services.
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Business Consultancy in Singapore
• Our team of experts in Singapore can help you establish an e-commerce company fast and cost-efficient.
• You can contact our Singapore specialists for details about licensing requirements for e-commerce companies.
Thank you for your attention!
• Please contact us for more information at:
+ 852 8191 3385
http://www.opencompanysingapore.com/11