Estate Planning

We have served 700+ entrepreneurs

All foreigners who intend to work in Singapore must have a valid pass (commonly known as a work visa) before they start work. If you are engaging foreigners to work in Singapore, you must ensure that they hold a valid pass. The four most commonly used Work Passes defined by Ministry of Manpower are as below:

  • Employment Pass

For foreign professionals, managers and executives. Candidates need to earn at least $3,600 a month and have acceptable qualifications

  • EntrePass

For eligible foreign entrepreneurs wanting to start and operate a new business in Singapore.

  • S Pass

For mid-level skilled staff. Candidates need to earn at least $2,200 a month and meet the assessment criteria.

  • Work Permit for foreign worker

For semi-skilled foreign workers in the construction, manufacturing, marine shipyard, process or services sector.

Most businesses do not require license or permit to operate, but certain businesses do as they are regulated by the approving authorities such as those in remittance businesses, money changers, restaurants, employment agencies, private schools, travel agencies, liquor distributors, moneylenders, trusts, childcare centers, etc.

For most license application such as remittance license, money changer license, employment agency license, IDA license, etc., your company must have an executive local director who is a Singaporean or a Singapore PR and the appointment of such director must have been lodged with ACRA before the license application.

Besides, most license application documents will need to be signed and submitted by a local key executive personal/director, therefore you will need to have such person (either Singapore Citizen, Singapore PR, etc.) to act for your company and apply for the license.

With a team of experienced business consultants, The Local Account is able to provide the follow services to our valuable clients:

  • Employment Agency License
  • AVA License Application
  • Travel Agency License
  • Massage Establishment License
  • NEA License Application
  • Singapore Customs Account
  • Liquor License Application
  • Tobacco License Application

Newly opened serviced office, locating in Central Business District in Singapore, 2 minutes’ walk to Telok Ayer MRT, 3 minutes’ walk to Raffles Place MRT. Next to KPMG, and opposite of PwC. Banks such as DBS, Standard Chartered, UOB, OCBC, Maybank, Citibank, RHB, State Bank of India, Indian Oversea Bank are within walking distance (less than 250 metres).

  • Fully furnished with new furniture.
  • Independent office with privacy and locker.
  • Free business address.
  • Free fibre broadband internet.
  • Free wireless SG (national wide wireless network).
  • Free tea and coffee.
  • Ready to use power/network points.
  • Free mail notification.
  • Flexible lease terms.
  • DID phone and shared fax.

Singapore, sometimes referred to as the Lion City, the Garden City, or the Little Red Dot, is a city-state with one of the highest standards of living in the world. Singapore ranks 5th on the UN Human Development Index and the 3rd highest GDP per capita. It is ranked highly in education, healthcare, life expectancy, quality of life, personal safety, and housing.

Singapore is a vibrant, dynamic business hub. Strategically located at the heart of Asia, Singapore is right in the middle of key trade flows from Europe, the US, the Middle East, Australia and Asia which will further cement its position as a global trading hub. Diminutive in size but brimming with economic potential, Singapore is the world’s easiest place to do business and Asia’s most competitive country.

Singapore is a thriving financial center served by 149 commercial banks, 77 merchant banks, 71 representative offices of banks and merchant banks in Singapore. In addition, there are 8 international money brokers, which provide a full range of services.

The Local Account has a team of experienced immigration consultants, and provide immigration services to foreign talents who work in Singapore as Work Pass holder, or oversea businessmen who want to move to Singapore with family. We would assist you to ensure your case is processed in the shortest possible time frame.

The Local Account provides quality and stamp making services, not only standard stamps, but also customized stamps. Express service is available upon request with additional fee. The following standard stamps are available for express order:

** To make company stamp, we require your NRIC, company authorized letter, or staff ID card with photo.

      — Standard Company Stamp

      — Company Stamp with Logo

      — Company Signature Stamp

      — Cheque Deposit Stamp

      — Student Textbook Stamp

      — Return to Sender Stamp

      — Received/Cancelled/Paid/Scanned Stamp

      — Company Declaration Stamp

      — Other Customized Stamps

Please click the following link for sample stamps and rates:

******Sample Stamps and Rates******