Open a Fast Food in Singapore
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Transcript of Open a Fast Food in Singapore
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Open a Fast Food in Singapore
A presentation brought to you by OpenCompanySingapore.com
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Fast Food Industry in Singapore • The food and beverages
industry is currently one of the most prosperous branches of the tourism sector in Singapore.
• Among the most successful are cafes, restaurants, bars, and during the last few years, fast foods.
• Opening a fast food in Singapore represents a profitable type of business.
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Starting a Fast Food in Singapore >>
• It is important to know that a fast food in Singapore will need to accomplish various requirements in terms of business permits and licenses, as prescribed by the local legislation for food businesses.
• Foreign investors must have an entrepreneur pass in order to be allowed to register any type of business in Singapore.
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>> Starting a Fast Food in Singapore• Further on, the investors must
register the company with the Accounting and Corporate Regulatory Authority (ACRA).
• It is also necessary to find a suitable location for the respective company.
• The location must respect the Environmental Public Health Law’s requirements.
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Register a Fast Food in Singapore
• The Environmental Public Health Law will also need to be respected when the Singapore fast food will obtain its food shop license.
• Our Singapore company formation agents can offer more information about the laws related to starting a fast food business in the Republic.
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Food Shop License in Singapore >>• The food shop license is the most
important license which grants the right to operate a fast food business in Singapore.
• The investors will have to obtain the following documents for this procedure:
copies after the owner’s identity card or passport;
a detailed plan of the location’s layout.
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>> Food Shop License in Singapore• Businessmen will also need to
provide the following documents:
the tenancy contract for the premises;
approval from the Urban Redevelopment Authority, Building and Construction Authority.
• Our team of company formation agents in Singapore can offer more details.
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Employees of a Fast Food in Singapore
• It is also important to know that the employees of the Singapore fast food must have specific qualifications.
• A list with their names must be provided to the National Environment Agency.
• The fast food must also appoint a food hygiene officer.
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Other Licenses in Singapore• A
company registered in Singapore will need to obtain other relevant licenses, such as:
a liquor license;
a halal food license;
a license to import foodstuff.
• The investors will also have to register for taxation purposes, as well as for social security.
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Consultancy Services in Singapore• Companies registered in
Singapore can benefit from the provisions of the double taxation treaties signed by the representatives of the state.
• Our specialists can also offer assistance for Value Added Tax registration.
• Please contact our team of company formation representatives in Singapore for complete corporate services.
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Thank you for your attention!
• For more information please contact us at:
+ 852 8191 3385
www.opencompanysingapore.com 11