Export is one of the most important branches of Singapore’s economy, which is why the number of trading companies has increased a lot during the last several years. However, setting up a trading company in Singapore implies a few procedures related to the company incorporation process and then applying for the necessary import/export license followed by the registration with the Singapore Customs Authorities.
Our Singapore company formation agents can help you open a trading company in the city-state.
All trading companies in Singapore are required to follow several steps before starting operating. Apart from registration with the Accounting and Corporate Regulatory Authority which enables them to carry out commercial activities, these companies must also apply for the following:
Our company formation consultants in Singapore can offer more information on all permits required when registering a company with the Singapore Customs.
Once the previous procedures completed, the Singapore trading company may begin its registration with the Customs Authorities. The company’s representative is required to register with the Singapore Customs and appoint a declaring Agent. The following documents must be filed with the Customs Authorities in order to activate a customs account in Singapore:
The company must also appoint an administrator of the account and billing details.
For complete information on how to activate a customs account for a trading company, you can contact our Singapore company formation representatives. We can also help you if you want to open a company in Singapore.