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.