The telecommunications industry has developed quite a lot during the last few years in Singapore, as the number of customers requesting this type of services has also increased. With a well-developed telecom infrastructure, the city-state also managed to attract a large number of foreign companies seeking to expand their services in the Asia-Pacific region. Most telecommunications companies in Singapore offer the following:
Our company registration consultants in Singapore can offer more information about the telecom industry. We invite you to watch our video below that presents important information about this business field:
The first step to open a telecommunications business in Singapore is to register the company with the Accounting and Corporate Regulatory Authority (ACRA) in the city-state. In order to do that, one must select a trade name and draft the statutory documents of the company. Together with the shareholders’ details, the documents mentioned before will be submitted with ACRA. Once the company formation step is completed, the company will need its license to start operating. It must be taken into account that depending on the telecommunications services to be offered, there are different types of licenses for each service: some of them compulsory, while others optional.
All telecommunications companies in Singapore are required to obtain compulsory licenses related to their core activities. Those offering fixed-line services must apply for:
Those offering mobile telecom services must apply for:
Those offering internet access services must apply for:
Those offering data hosting and satellite services must apply for:
It must be noted that the service based operator license is divided into the individual and class permit. All licenses are obtained with the Infocomm Development Authority of Singapore (IDA).
For assistance in starting a telecom business in the city-state, do not hesitate to contact our company formation representatives in Singapore.