A sole-proprietorship is not a company.
It is a business firm owned by one person or one company. There are no partners. The sole-proprietor has absolute say in the running of the business. A partnership business is a business firm formed by two to twenty partners. It is mostly similar to a sole proprietorship.
Medisave is mandatory and all revenue is reported under Personal Income Tax. Before registration, please ensure you have no Medisave liabilities with the CPF Board. Otherwise, ACRA does not allow any registration until it is fully resolved.
MOS is a recognized Professional Firm in Singapore. Everyday, we register businesses live (sole proprietorships, partnerships), usually from 15 minutes.
We are accredited as a Professional Firm/ Advocate/ Solictor, thus your SingPass is not even needed!
Just walk-in our Head Office with your NRIC (Singapore citizens/ PR). Foreigners to bring along your Passport and recent Proof of Residential Address (POR). EP Holders to bring along FIN Card, passport and recent local utility/ telco bill to prove residential address.
Our popular package is just S$150.
It includes official ACRA Business Profile and government fees. Pay easily in cash/ NETS at MOS Head Office.
Enjoy free business name & licence advice during the registration process!