Starting your Business

Akber Ali and Co - Certified Public Accountants

we grow with you!contact us now! (65) 6392 0021. Visit Us Now:10 Jalan Besar, #11-05 Sim Lim Tower, Singapore 208787.
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Starting your Business


When you want to start a business, there are 5 business types available for you to decide
which one is best for your purposes.

Private Limited Company

Private Limited, is best if you have more than 20 shareholders but less than 50.


Exempt Private Companies

If you have less than 20 shareholders and do not have any corporate shareholder, this type of
company is best suited for you.


Sole Proprietorship

This type is the simplest and most flexible business structure. It is a business firm with only one owner. Before a business can be registered, the applicant proprietor/partner must apply to the Registry to ensure that the proposed name is available.

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Owners can be individuals or companies. There must a minimum of 2 owners and a maximum of 20.

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Limited Liability Partnership ( LLP )

The partners can be individuals or companies.  There must be a minimum of 2 partners. There is no maximum number of partners in a LLP.

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Let us put you in the right direction. Call us at (65) 6392 0021 or send us an enquiry and we will be glad to assist you.