The following is a guest article from: The New Savvy

Entrepreneurship seems to be the buzz word in Singapore nowadays, with many people rushing to create new companies. If you’re getting ready to make that first step and create your own start up, you might be confused by the many different types of business structures available to you.


Here’s all you need to know about being your own boss and setting up a business:

Things You Need To Consider

1. Are you alone in this venture, or do you have partners?
2. Are you willing to risk unlimited liability, or do you want to limit liability?
3. Are you willing to be taxed at a personal level? Or would you like the venture to carry the tax burden?

Things You Need

1. Singapore Citizens/PR

Singpass
If you’re a Singapore citizen who has forgotten your Singpass password, it can be reset most Community ......