Planning to move to Singapore?
There are many factors to consider when moving to a new house or real estate property. It’s not just about packing things up and transporting them to another location. Especially when you have so many supplies, appliances or equipments to carry, there are certain SOP’s or ‘Standard Operating Procedures’ to follow to make your move a smooth and a painless one. Regardless whether you’re moving to a new place in your current neighborhood, or to a new property in another country or continent, there’s always a considerable amount of time, money and effort involved. So you should be keen to know the important paperwork that need to be filled up, the government offices you should visit to get papers for either business or travel, as well as the agencies or companies to tap to help you transport all your appliances and equipments to their final destination.
Depending on your reasons for moving, there are certain paper work and “formalities” that need to be taken care of before you can successfully be given the green light to move or stay in a particular residence or country. Given the example that you’re planning to move to Singapore, you should make it a point to find out when short term Visas can be issued, as well as other necessary paperwork, like your passport, need to be accomplished. Then you can begin processing your immigration requirements. Most, if not, all countries require passports to be valid at least six months after your arrival in the country. Keep your passport and visa with you at all times. If you misplace them, it will take awhile to get new copies made and sent to you.
Starting Business Opportunities in Singapore
If your reason for moving to Singapore is to open a new business, you will find the economic environment highly conducive, especially for start-up companies. Before you begin any actual work or project, make sure to register and reserve the name of your business as soon as possible, and get an approval for the name from the Singapore Accounting and Corporate Regulatory Authority (ACRA). The next step is to get information for the payment of taxes. This is one step you should never miss. As they say, there are two things in life that are certain, “death and taxes”. On the upside, Singapore offers tax rates that are very friendly for corporate and small business entities, so you should take advantage of this.
The next step is to secure proper working permits either for local or foreign employees, depending on your business requirements. You should furnish some paperwork from the Central Provident Fund (CPF), if you wish to hire local employees. For foreign manpower, you will need to get in touch with the Singapore Ministry of Manpower for the needed work permit.
Knowing these important steps will help facilitate your move to Singapore, and will help you easily build your business there. Remember to follow the rules and regulations of the country you’re planning to move to, as in most cases, the norms and policies may be different from where you originally came from.