Frequently Asked Questions

To start a company in Singapore, you need to decide on a suitable business structure, reserve a company name, prepare your constitution, appoint at least one resident director, register with the Accounting and Corporate Regulatory Authority (ACRA), and obtain any necessary licences. BizCounsel guides you through each step to ensure timely and accurate completion.

Common business structures in Singapore include a Private Limited Company, Sole Proprietorship, and Partnership. A Private Limited Company offers limited liability and separate legal status, while a Sole Proprietorship is simpler to set up but does not separate personal and business liability. Partnerships can be general or limited. We help you evaluate the pros and cons of each structure based on your objectives and growth plans.

Protecting intellectual property begins with identifying assets such as marks, copyrights, and secrets. BizCounsel assists with mark searches and registration, drafting confidentiality agreements, and implementing strategies to safeguard creative works and branding. Early action helps prevent disputes and strengthens your competitive position.

A founders agreement should clarify each party’s roles, decision-making processes, contribution of resources, vesting schedules, exit protocols, and dispute resolution mechanisms. This document aligns expectations among founders and provides a clear framework for collaboration, reducing the risk of future disagreements.

Hiring employees involves drafting employment contracts that address duties, working hours, benefits, termination terms and statutory requirements such as Central Provident Fund contributions. We review your contracts and advise on best practices, ensuring compliance with the Employment Act and related regulations.

Yes. We provide guidance on regulatory registrations, local licensing requirements, contract adjustments and data protection considerations for expansion into new markets. Our team collaborates with regional counsel to facilitate a smooth establishment in neighbouring jurisdictions.