Singapore is one of the most spectacular cities in the world if we are to judge it by its natural beauties, such as the suspended gardens. These natural wonders attract million visitors every year and show the interest of the local authorities in having a clean and beautiful city.
Based on this interest of the authorities, enterprisers can also find investment opportunities in this industry and can open gardening and landscaping companies, or flower shops in Singapore.
Those who want to set up companies for selling flowers can rely on our Singapore company formation advisors for assistance in registering the company.
Registration and licensing for flower shop in Singapore
The Singapore company formation process of a business for selling flowers and plants is concluded the same way as for any other business in this field. Entrepreneurs who open companies for selling flowers in Singapore must complete the following steps:
- have the company’s registration documents drafted, notarized and filed with ACRA;
- obtain the business license, the tax identification number and GST number with the tax authorities;
- obtain the fire safety certificate from the Police Force in Singapore;
- hire employees and register them for social security purposes, where applicable.
Our local consultants can guide foreign investors through the procedure of setting up a flower shop in Singapore.
Why open a business for selling flowers in Singapore?
Those who want to open companies for selling flowers and decorative plants in Singapore have plenty of benefits, among which:
- – there is no need for special trainings or licenses related to opening this type of business;
- – it can be set up as a small company which can be run from the comfort of the owner’s home;
- – a flower shop is a great idea for those who want to open an online store;
- – its activity must not resume to selling flowers, as it can also offer other services such as flower arrangements for weddings;
- – Singapore offers many tax incentives for small and medium-sized enterprises and flowers shops can enter this category.
Foreign entrepreneurs who want open companies for selling flowers need to appoint company formation agents in Singapore to complete the registration process of the business, so do not hesitate to contact us.