License & Permit

Custom Registration Companies registered in Singapore can directly engage in international trade. If a company needs to import products into Singapore, it will need to apply for import clearance from Singapore Customs. In this case, the company needs to submit an application to Singapore Customs in advance and obtain the relevant filing permission. Only after getting the approval can the logistics company or customs clearance company use your Singapore company’s name to declare the goods to Singapore Customs and pay the GST before importing the goods into Singapore.

13R & 13X For investments in Asia and the Pacific, Singapore is an important base for family offices, private equity, real estate, and hedge fund managers. Singapore is also the preferred domicile for a growing number of investment institutions. This is due to the excellent growth of the fund management industry in Singapore, which can be attributed to several factors, including the ease of doing business in Singapore and the attractive tax incentives for funds and fund managers. Outside of traditional offshore fund jurisdictions such as the Cayman Islands, Singapore’s regulatory and tax regime for funds is considered to be […]

Liquor Licence According to Singapore law, all companies or individuals who wish to import, wholesale or retail liquor are required to obtain the relevant licence or permit. As liquor is a strictly regulated product, a liquor licence needs to be filed with the Singapore Police Force. Each licence has its own restrictions, such as the method of sale (wholesale, retail), the place of sale, the hours during which the sale is permitted, and so on. If you violate the relevant regulations, the following penalties may apply: Fines not exceeding $ 20,000; Imprisonment not exceeding 3 months; In cases of repeated […]

Food Import Licence All companies wishing to import, export, or trans-ship food products must be registered and licensed by the Singapore Food Authority in accordance with the relevant laws of Singapore. Permits are required for the following. Import, export, or transit of meat and fish products. Import or transit of fresh fruit and vegetables. Imported fresh edible eggs   Also, registration is required in the following cases. Import of processed food and food utensils (e.g., pots, blenders, rice cookers, etc.). For more information, see the Food and Food Products Category Guide: https://www.sfa.gov.sg/food-import-export/general-classification-of-food-food-products   Companies that need to apply for registration […]

Import and Export Import of Goods Before goods are imported into Singapore, the importer is required to apply for a permit from the Singapore Customs and Excise Department (SCED) through Trade Exchange. If the relevant requirements are met, the Singapore Customs and Excise Department will issue a Singapore Import Certificate and Confirmation of Delivery to the importer to ensure that the goods are actually imported into Singapore and not diverted or exported to a prohibited destination. In general, all imported goods are subject to GST. If the imported goods are controlled goods, a permit application must be submitted to and […]