{"id":5650,"date":"2020-05-19T17:36:42","date_gmt":"2020-05-19T09:36:42","guid":{"rendered":"http:\/\/www.biztreemgmt.com\/wordpress\/?p=5650"},"modified":"2022-11-04T11:09:44","modified_gmt":"2022-11-04T03:09:44","slug":"how-to-register-sole-proprietor","status":"publish","type":"post","link":"http:\/\/www.biztreemgmt.com\/wordpress\/how-to-register-sole-proprietor\/","title":{"rendered":"Foreigner to register sole proprietor"},"content":{"rendered":"\n<p><strong>What is Sole Proprietor <\/strong><\/p>\n\n\n\n<p>Sole Proprietor and Partnership is sample type of business . <\/p>\n\n\n\n<p>Key different between Business and Company is Concept Separate Legal Entity <strong>DOES NOT<\/strong>  exist in Business .<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>Separate Legal Entity means the Company&#8217;s  liability will be separate from personal asset .<\/p><\/blockquote>\n\n\n\n<p><strong>Why people register Sole Proprietor instead of Company <\/strong>? <\/p>\n\n\n\n<ul><li>Ease in setting up process <\/li><li>Lower compliance matters <a href=\"http:\/\/www.biztreemgmt.com\/wordpress\/what-is-annual-general-meeting-agm-and-annual-return-ar-due-dates\/\">(AGM and AR) <\/a><\/li><li>Lower cost to maintain compare with Pte ltd ( appointment of Company secretary , accountant and Tax Agent ) <\/li><\/ul>\n\n\n\n<p><strong>Basic Information to register Sole Proprietor <\/strong><\/p>\n\n\n\n<ul><li>Business name <\/li><li>principal activity <\/li><li>registered address <\/li><\/ul>\n\n\n\n<p><strong>Information Needed from<\/strong> <strong>Foreign individual<\/strong> <\/p>\n\n\n\n<ul><li>A copy of Passport, Residential address   <\/li><li>A copy of NRIC for local Authorised Representative  <\/li><\/ul>\n\n\n\n<p><strong>Information Needed from Foreign Company <\/strong><\/p>\n\n\n\n<ul><li>A copy of certificate of incorporation <\/li><li>A copy of NRIC for local Authorised Representative <\/li><\/ul>\n\n\n\n<p><strong>Who can be Authorised Representative <\/strong><\/p>\n\n\n\n<p>Authorised representative  must be:<\/p>\n\n\n\n<ul><li>A natural person<\/li><li>At least 18 years old <\/li><li>Ordinarily resident in Singapore (i.e. has a  Singapore residential address)<\/li><\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is Sole Proprietor Sole Proprietor and Partnership is sample type of business . Key different between Business and Company is Concept Separate Legal Entity DOES NOT exist in Business . Separate Legal Entity means the Company&#8217;s liability will be separate from personal asset . Why people register Sole Proprietor instead of Company ? Ease<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[165],"tags":[233,343,342],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>how to register sole proprietor<\/title>\n<meta name=\"description\" content=\"Can foreigner register sole proprietor ? 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