Achi Biz GuidesBusiness & Corporate Guide | ACHI Biz

Introduction

Singapore is one of the world’s most attractive destinations for entrepreneurs and investors. With its strong legal framework, transparent tax system, and global reputation, it has become a hub for business growth. However, setting up and managing a company here requires a proper understanding of rules, structures, and compliance.

The Business & Corporate Guide by ACHI Biz provides practical insights into the key areas every business owner should know. From choosing the right entity to handling annual compliance, this guide will help you build a strong foundation for success.

1. Types of Business Entities & Firms

Choosing the correct business structure is the first step. Each entity has different requirements, liabilities, and tax implications.

Sole Proprietorship – Simple to set up, ideal for small businesses but with unlimited liability.

Partnerships (General / Limited Liability) – Shared ownership, useful for professionals working together.

Private Limited Company (Pte. Ltd.) – The most popular structure with limited liability, strong credibility, and scalability.

At ACHI Biz, we guide you through the selection process, ensuring the entity matches your goals and resources.

Once you choose your structure,incorporation is the next step. In Singapore, this requires registration with the Accounting and Corporate Regulatory Authority (ACRA)

Accounting and Corporate Regulatory Authority (ACRA).

ACHI Biz helps with:

✦ Name reservation and approval
✦ Preparation of constitution and documents
✦ Filing of incorporation with ACRA
✦ Compliance checks to meet all legal requirements
This ensures a smooth and hassle-free registration process for both local and foreign entrepreneurs.

3. Corporate Secretarial Services

Every company in Singapore must appoint a qualified corporate secretary within six months of incorporation. This is not just a legal formality—it ensures your company stays compliant at all times.

ACHI Biz provides:

✦Maintenance of statutory registers
✦Preparation and filing of annual returns
✦Proper recording of board meetings and resolutions
✦Advisory on compliance obligations

Our corporate secretarial services give businesses peace of mind while avoiding penalties and legal risks.

4. Business Consultancy Services

A strong strategy drives long-term growth. Beyond compliance, companies must focus on expansion, sustainability, and smart decision-making.

ACHI Biz offers:

✦Market entry advice for new businesses
✦Operational and governance strategies
✦Risk management and growth planning
✦Advisory on government grants and support schemes

This consultancy support helps businesses remain competitive in Singapore’s dynamic market.

5. Compliance to Entities

Staying compliant with Singapore’s business regulations is crucial. Non-compliance can lead to heavy fines, reputational damage, and even deregistration.

ACHI Biz ensures your business remains compliant by:

✦Monitoring statutory deadlines
✦Filing annual returns and reports
✦Ensuring directors and officers meet obligations
✦Providing compliance reminders and updates

Our compliance services protect your company from unnecessary risks.

6. Bookkeeping, Accounting, GST, Taxation & Annual Reports

Sound financial management is the backbone of any business. Singapore requires companies to maintain accurate records and submit proper reports.

ACHI Biz offers:

✦Professional bookkeeping and accounting services
✦Preparation of financial statements
✦GST registration and filing support
✦Corporate tax computation and submission
✦Compilation of annual reports for ACRA

With us, your finances remain transparent, accurate, and compliant with local regulations.

Why Choose ACHI Biz?

At ACHI Biz, we do more than provide services—we become your trusted partner in business success. Our team brings years of expertise, ensuring that every stage of your company’s journey is supported. From incorporation to daily compliance, we handle the details so you can focus on growth.

Please refer to our SERVICES for more information or CONTACT us if you wish to avail these or many other services.

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