Identifying the Required Licenses and Permits

1. Understand Your Business Activities:

Nature of Business: Determine the specific nature of your business activities. Different activities, such as food services, import/export, educational institutes, health services, etc., have different licensing requirements.

2. Research Relevant Regulations:

Regulatory Bodies: Depending on your business, you may need to comply with regulations from various government bodies. For instance, the Singapore Food Agency (SFA) for food-related businesses, the Health Sciences Authority (HSA) for health and medical products, or the Monetary Authority of Singapore (MAS) for financial services.

Industry-Specific Licenses: Some industries require specific licenses. For example, construction companies need a license from the Building and Construction Authority (BCA).

3. Use Government Resources:

GoBusiness Licensing Portal: This is a one-stop portal by the Singapore government that guides businesses on the licenses they need and how to apply for them.

ACRA’s Website: The Accounting and Corporate Regulatory Authority’s website provides information on regulatory compliance for businesses.

4. Consider Location and Premises:

If your business operations require modifications to premises or are conducted in specific locations, additional permits from the Urban Redevelopment Authority (URA) or other relevant agencies may be required.

5. International Trade Considerations:

If your business involves import/export, you may need to register with Singapore Customs and obtain relevant permits for controlled goods.

6. Environmental and Health Regulations:

For businesses that may impact the environment or public health, check for necessary environmental licenses from the National Environment Agency (NEA) and health and safety permits.

If you have more queries, feel free to reach out to Scailable. You can contact us at +65 90126782, email us at support@scailable.com, or visit our website at scailable.com for further assistance and clarification.