Asiabiz Services Provides Assistance in Opening a Sports Business in Singapore 

Asiabiz Services serve companies and entrepreneurs, particularly foreigners by helping them establish a business presence in Singapore and in complying with on-going requirements.

by Ashley Varghese Friday, February 18, 2011
One of the ways of promoting good health is engaging in sports and physical exercises. Singapore recognizes the importance of sports and exercises not just for good health, but also for recreational and mental exercise.

Citizens and visitors of the city-state enjoy wide options for recreation and promotion of good health. Limited in its natural resources, this does not hinder the government from providing wholesome recreational and health-conducive engagements.

Establishing a Sports business in Singapore begins with a registration of a business entity with ACRA adopting any available business structure like sole proprietorship, partnership, and private limited company.

Asiabiz Services serve companies and entrepreneurs, particularly foreigners by helping them establish a business presence in Singapore and in complying with on-going requirements. In registering a Sports business, for instance, the procedure is spearheaded by a professional firm if the entrepreneurs are foreign nationals, as part of compliance with Business Acts in Singapore.

The application of a labor pass, too, can be processed by Asiabiz as part of its specializations. Further, after the registration and labor pass application are completed, the Sports business entity is obliged to secure corresponding business permits and licenses.

“The primary procedure after registration is to secure the area that must be zoned for commercial applications and which must be approved for recreational uses by Urban Redevelopment Authority. Thereafter, the entrepreneur must make certain it is complying with building codes and fire safety measures,” says Asiabiz Services.

In that procedure alone, a strict compliance with rules and regulations stipulated by Urban Redevelopment Board must be observed. If there is a need for renovation, a building work permit is necessary too.

“After construction and or renovation, another permit like a Certificate of Statutory Completion and or Temporary Occupation is secured.”

Of course, the design and layout of facilities must be done according to the rules stipulated. The license is issued after a thorough optical inspection is initiated by the authorities.

Moving on, if the Sports business ought to install a business signage, it must apply an Advertisement License from Building and Construction Authority of Singapore. Likewise, it should also have Occupational Safety and Health Division License from Ministry of Manpower to ensure safe working environment for employees.

Entrepreneurs can establish a squash center, a sports club with a gymnasium or a billiard hall, or any other types of entertainment and sports in the city-state. Should there be a television installed or music played, a corresponding license is required. The same thing is said if the sports business plans to sell foods and beverages. Asiabiz assures that it has a team of dynamic professionals to secure every permit and license essential to the operations of a business. It also provides other business solutions including payroll management, bookkeeping, and chartered secretaryship.

About the Publisher:

Asiabizservices offers one-stop business solutions to companies, particularly, those that are managed and owned by foreign investors. Since its inception, Asiabizservices has successfully helped foreign entrepreneurs form a Singapore company. Among its specializations are Singapore company setup, corporate services, accounting services, nominee services, company registration, whether as a sole proprietorship, private limited, limited liability partnership; offshore company formation, incorporation of foreign companies either as a branch or subsidiary office, accounting services including payroll preparation and more.

Asiabizservices is the leading provider of Singapore Company Incorporation services and has successfully helped thousands of both local and foreign entrepreneurs incorporate a Singapore Company. It also provides chartered secretarial services.

For more information visit:

AsiaBizServices PTE LTD
Address: 120 Telok Ayer Street Singapore 068589
Phone: +6563034614

0    submitted by Ashley Varghese
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