~~~~~~~~~~ **Super Outdated, for my reference only** ~~~~~~~~ 

====== Company Structure in SG ======

To read:

  * http://www.contactoneps.com.sg/
  * http://www.a1directory.com.sg/about-us
  * http://www.acra.gov.sg/
  * http://www.acra.gov.sg/Guide+for+Singapore+Citizens+and+Permanent+Residents.htm
  * http://www.business.gov.sg/EN/StartingUp/RegisterYourBusiness/

===== Sole Proprietorship =====

  * registration guide: 
    * http://www.acra.gov.sg/SoleProprietorship_Partnership/Starting_SoleProprietorship/Registering+a+Sole-Proprietorship+Partnership.htm

==== registration flow ====
  - go to http://www.acra.gov.sg/SoleProprietorship_Partnership/Starting_SoleProprietorship/Registering+a+Sole-Proprietorship+Partnership.htm
  - then, prepare 15 SGD + 50 SGD = 65 SGD
    - a name
    - address (home address in 2 types)
      * Home-Based Small Scale Business Scheme (like for real small money makers): allows some small scale type of activities to operate from home **without engaging any external employees**; No prior approval is needed from HDB; [[http://www.hdb.gov.sg/fi10/fi10326p.nsf/w/HomeBusinessGuidelinesSmallScaleHomeBased?OpenDocument|HDB link]]
        * The flat address cannot be used for business registration.
      * Home Office Scheme (like Technology-based and knowledge-intensive business)
        * [[http://www.hdb.gov.sg/fi10/fi10326p.nsf/w/HomeBusinessHomeOfficeScheme?OpenDocument#Eligibility|home office application for HDB]]: 20 SGD for 5 year
        * maximum 2 employees
  - submit online by BizFile
  - wait 15 min, 14 days to 2 month to approval
  - domain registeration
    - http://www.sgnic.sg/page/accredited-registrars
==== 1 year later - renew ====

  * login to BizFile website with SingPass
    * http://www.bizfile.gov.sg
    * under e-Service, Renewal section
    * Enter Biz No., follow 4 steps and done (20 SGD paid online)

==== in the end - close ====

  * steps
    * ref: http://www.acra.gov.sg/SoleProprietorship_Partnership/Closing_Sole-Proprietorship/
    * one may notify ACRA it has ceased business by filing the "Notice of Cessation / Termination of Business" online
      * The Notice of Termination can be filed anytime on or before the expiry date of registration
        * The fee payable for submitting a Notice of Termination is $20.
      * The Notice of Cessation can be filed only after the registration date has expired. 
        * No fee is payable for submitting a Notice of Cessation. 

===== Domain and Hosting =====

  - http://godaddy.com 
    - create a account (choose a good name and account name)
    - address and contact info of it will be used late when registering your domain
    - search for your option Domain name and add to shopping cart
    - click "Continue to register", it will do it with your account info previously
    - once done with domain, it will ask what else you want to buy with it
    - check only "economy hosting" 4.5 USD/mo one, and no other if you don't need
    - done.
  - once, you bought both, (I suggest buy one year only first, then renew if you like)
  - go to "my products" link, and click on the "Launch" button of your hosting product
    - choose your first "FTP account name" and pass,
    - then wait 30min when your hosting is active

====== Self-Employed in SG ======

Some notes on Self-Employed person in SG.

===== Tax related =====

  * keep proper records and accounts of your business for last 5 years
    - transactions traceable and verifiable through the accounting system
    - Invoices (credit sale with Biz Name/Add/Phone/Biz Reg No.; Invoice No./date; Customer Name/Add; Good Price; Discount; Total)
    - Returned Goods
    - Goods for private use
    - Biz Purchase (Purchase/Cost/sale/contract)
    - Expense (like travel/meal/accommodation/Entertainment w. Date/Destination/Place, transport, person, purpose, amount)
    - vouchers
    - receipts (required serialized for Good 18K, service 12K annually; or other forms like software or tape)
      * (no need submitted unless required)
    - business bank account
    - Employee cost and CPF pay
  * submit income tax returns
  * pay the amount of tax due within one month from the date of the Notice of Assessment

===== GST related =====

  * You need to register with IRAS as a GST-registered person 
    * if you expect the revenue of your business for next 12 months to exceed 1 million SGD

===== Profit and Loss =====

  * total revenue - total expense
    * refer to IRAS  website "For Sole-proprietors / self-employed" - "Filing your tax" - "Prepare Statement of Accounts, working sheets"