Best New Business Formation Lawyers in Singapore

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Fervent Chambers LLC

Fervent Chambers LLC

City Hall, Singapore

Founded in 2021
15 people in their team
Fervent Chambers LLC is a boutique disputes law firm based in Singapore. The word Fervent, which has its origin in Latin, refers to strong and...
English
Chinese
GABRIEL LAW CORPORATION

GABRIEL LAW CORPORATION

Raffles Place, Singapore

Founded in 1986
15 people in their team
At Gabriel Law Corporation, we pride ourselves on providing legal services tailored to our clients' needs. We represent a spectrum of clients from...
English
Chinese
Covenant Chambers LLC

Covenant Chambers LLC

Clarke Quay, Singapore

Founded in 2016
27 people in their team
We provide cost-effective & prompt legal services of big firm quality by harnessing tech-driven digital automationA trusted and tech-driven law...
English
Chinese
TASK PTE LTD

TASK PTE LTD

Jurong East, Singapore

Founded in 2014
4 people in their team
TASK will ensure your company registration services in Singapore be a smooth-riding process. Leave your Singapore company registration to us.  ...
English
Chinese
Bhavini S Law Practice

Bhavini S Law Practice

Tanjong Pagar, Singapore

Founded in 2014
2 people in their team
A boutique full service law practice providing consultation & legal representation in areas of : - Investment related Immigration Programs;...
English
Hindi
Gujarati
Wayne Ong Law Practice

Wayne Ong Law Practice

Cecil, Singapore

Founded in 2017
2 people in their team
Wayne Ong Law Practice was founded with the belief that quality legal advice should be accessible, economical and practical. We embrace technology to...
English
Chinese
JT Legal LLC

JT Legal LLC

Marina, Singapore

Founded in 2017
3 people in their team
We are a boutique corporate & corporate finance law firm specialising in mergers and acquisitions, reverse takeovers, IPOs, sale and purchase of...
English
Chinese
Regal Law

Regal Law

Chinatown, Singapore

Founded in 2020
10 people in their team
At Regal Law LLC, we are committed to providing quality and affordable legal services. We strive to do our best for the clients, keeping in mind...
English
Chinese
Malay
Tamil
Hindi
Malayalam
Telugu
CHP Law LLC

CHP Law LLC

Cecil, Singapore

Founded in 2019
25 people in their team
We are a young Singapore law firm looking to create a modern brand of legal practice that is founded on the idea that simplicity is efficiency. When...
English
VanillaLaw LLC

VanillaLaw LLC

City Hall, Singapore

Founded in 1996
13 people in their team
We Are A Leading Firm Of Corporate Lawyers With A Worldwide ViewWhen your commercial and reputational interests are at risk, you will want lawyers...
English
Chinese
Japanese

About New Business Formation Law in Singapore

New Business Formation in Singapore refers to the process of setting up a new company or business entity in the country. Singapore is known for its pro-business environment, making it an attractive destination for entrepreneurs and investors looking to start a new venture. The process of New Business Formation involves understanding and complying with various legal requirements and regulations set forth by the government.

Why You May Need a Lawyer

There are several situations where you may need the help of a lawyer in New Business Formation. Some common scenarios include: - Drafting and reviewing legal documents such as business contracts, shareholder agreements, and employment contracts - Advising on the appropriate business structure based on your specific needs and goals - Navigating the complex legal landscape of Singapore to ensure compliance with local laws and regulations - Resolving disputes or conflicts that may arise during the formation process

Local Laws Overview

Key aspects of local laws that are particularly relevant to New Business Formation in Singapore include: - The Companies Act, which governs the registration and operation of companies in Singapore - Employment laws that outline the rights and obligations of employers and employees - Tax laws that regulate corporate taxation and compliance requirements - Intellectual property laws that protect business assets such as trademarks, copyrights, and patents

Frequently Asked Questions

1. What are the different types of business structures available in Singapore?

In Singapore, you can choose from several business structures such as sole proprietorship, partnership, limited liability partnership (LLP), and private limited company.

2. How long does it take to register a new business in Singapore?

The registration process typically takes 1-3 days if all the necessary documents are in order.

3. Do I need a local resident director to start a company in Singapore?

Yes, at least one director of the company must be a Singaporean citizen, permanent resident, or holder of an Employment Pass.

4. What are the tax implications for new businesses in Singapore?

New businesses in Singapore enjoy attractive tax incentives and a low corporate tax rate, making it a favorable tax environment for startups.

5. Do I need a business license to operate in Singapore?

Depending on the nature of your business, you may need to obtain specific licenses or permits from regulatory authorities in Singapore.

6. Can I register a trademark for my business in Singapore?

Yes, you can register a trademark for your business to protect your brand identity and prevent others from using your mark.

7. What are the compliance requirements for companies in Singapore?

Companies in Singapore are required to comply with various statutory requirements such as filing annual returns, holding annual general meetings, and maintaining proper accounting records.

8. How can a lawyer help me with New Business Formation in Singapore?

A lawyer can provide legal advice, assist in drafting legal documents, ensure compliance with local laws, and represent you in legal proceedings if necessary.

9. What are the costs associated with hiring a lawyer for New Business Formation?

The costs of hiring a lawyer for New Business Formation in Singapore vary depending on the complexity of the matter and the services required. It is advisable to discuss the fee structure with your lawyer upfront.

10. How can I find a reliable lawyer for New Business Formation in Singapore?

You can ask for recommendations from business associates, search online legal directories, or contact the Law Society of Singapore for a list of qualified lawyers specializing in business law.

Additional Resources

For more information and resources on New Business Formation in Singapore, you can visit the following websites: - Accounting and Corporate Regulatory Authority (ACRA) - Singapore Legal Advice - Singapore Law Watch

Next Steps

If you require legal assistance with New Business Formation in Singapore, the first step is to schedule a consultation with a reputable business lawyer who can assess your needs and provide tailored legal advice to help you navigate the process successfully.

Disclaimer:
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.