Singapore is well known as an international IT development center. Another industry has started to become very popular during the last years in Singapore: the online industry. More and more companies in Singapore have started taking their businesses in the online environment, not to mention that some investors prefer to invest directly in an online company. No matter the type of business one wants to set up, the Government provides several incentives for foreign investors opening companies in Singapore. The first step to open an online company is to create a website and register it with the Singapore authorities.
The first step to establish a company in Singapore is to register it with the Accounting and Corporate Regulatory Authority in order to have a registered address in the city-state. The second step will be obtaining the commercial license with the relevant authorities based on the activity to be undertaken. Then one must purchase and register a domain name with the Singapore Network Information Centre. Most companies use the following top-level domain names:
The registration of the Singapore website is done through authorized registrars. For details about buying a domain name you can refer to our specialists in company registration in Singapore.
Even if it is not compulsory, registering a Singapore website as a trademark with the Intellectual Property Office can guarantee the safety of the investor’s online company. Trademarks are currently quite valuable intellectual property assets which is why it is recommended to register them. The Singapore website’s name once registered will provide great advantages to its owner and will prevent third parties from using it for wrong purposes.
If you need help with the domain registration procedure or assistance with the company registration steps you can contact our agents in Singapore. Our local agents can also provide information related to the advantages of opening online companies in Singapore.