The economic development and the status of being one of the safest states in the world make Singapore a great city to raise children in. This is why the creation of businesses which cater to children’s needs, among which daycare centers are a good idea for those interested in having their own companies in Singapore.
The main law which provides for the establishment of a daycare center in Singapore is the Child Care Centers Law. Below, our Singapore company formation experts explain how to set up a care center for children in accordance with this law.
Before starting the process of opening a Singapore daycare center for children, the business owner must comply with the following requirements:
There are no minimum share capital requirements for setting up a daycare center in Singapore.
Foreign investors are also allowed to open a daycare center for children in the city-state and our company registration advisors can guide them through the incorporation of a company for such business.
As mentioned above, the business owner of daycare center must apply for a child care license with the Singapore Ministry of Social and Family Development. The following documents must support this application:
If you are interested in starting a daycare center for children in Singapore, you can rely on our local consultants for assistance in registering the company. Please feel free to contact our Singapore company formation agents anytime.
Roger Pay is the Managing Director of Bestar and an experienced company formation consultant. He will help you open your company in Singapore as fast as possible.
As a Bestar client, you will benefit from the joint expertise of local lawyers and consultants for opening an offshore company in Singapore.
Call us now at +65 88364489 in order to set up an appointment with our consultants in Singapore.