How to start your business as a sole trader in Singapore?

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Visit the website
Create an account and log in
Complete the form
The registrar will send you an email confirming the successful registration along with the registration number once you have filed the sole proprietorship company registration application and if everything is in order.
Both reserving the name and registering the business are steps in the registration process. The registration process is short and computerized.
Since the electronic copy is recognized and accepted in Singapore, the Singaporean government no longer issues a hard copy registration certificate by default.
For Further information check here.

An individual, a business, or a limited liability partnership can all own and manage a sole proprietorship. The company doesn’t have any partners.
It is not a distinct legal person from the company’s owner.
The business owner has unlimited liability.
It may bring a claim or defend one in the owner’s name.

If you have staff, be sure to maintain track of all sales, income, costs, and payroll information. Make sure you have copies of any important papers, including invoices, bank statements, and receipts.
Many sole proprietors operate a one-person firm where they must successfully manage various duties and competing priorities, including managing sales and marketing as well as providing customer service, among other things.
Once they start collecting tax, sole proprietors should register their firms for VAT.
Just like other firms, sole proprietors assume a financial risk when they first start out. They devise individual capital investments for the company.
A key duty of the lone proprietor is to register the business with the government and pay income taxes. Each year, the lone proprietor must submit self-assessment tax returns.