open a fast food in singapore

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Open a Fast Food in Singapore A presentation brought to you by OpenCompanySingapore.com 1

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Page 1: Open a Fast Food in Singapore

Open a Fast Food in Singapore

A presentation brought to you by OpenCompanySingapore.com

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Page 2: Open a Fast Food in Singapore

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Fast Food Industry in Singapore • The food and beverages

industry is currently one of the most prosperous branches of the tourism sector in Singapore.

• Among the most successful are cafes, restaurants, bars, and during the last few years, fast foods.

• Opening a fast food in Singapore represents a profitable type of business.

Page 3: Open a Fast Food in Singapore

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Starting a Fast Food in Singapore >>

• It is important to know that a fast food in Singapore will need to accomplish various requirements in terms of business permits and licenses, as prescribed by the local legislation for food businesses.

• Foreign investors must have an entrepreneur pass in order to be allowed to register any type of business in Singapore.

Page 4: Open a Fast Food in Singapore

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>> Starting a Fast Food in Singapore• Further on, the investors must

register the company with the Accounting and Corporate Regulatory Authority (ACRA).

• It is also necessary to find a suitable location for the respective company.

• The location must respect the Environmental Public Health Law’s requirements.

Page 5: Open a Fast Food in Singapore

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Register a Fast Food in Singapore

• The Environmental Public Health Law will also need to be respected when the Singapore fast food will obtain its food shop license.

• Our Singapore company formation agents can offer more information about the laws related to starting a fast food business in the Republic.

Page 6: Open a Fast Food in Singapore

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Food Shop License in Singapore >>• The food shop license is the most

important license which grants the right to operate a fast food business in Singapore.  

• The investors will have to obtain the following documents for this procedure:

copies after the owner’s identity card or passport;

a detailed plan of the location’s layout.

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>> Food Shop License in Singapore• Businessmen will also need to

provide the following documents:

the tenancy contract for the premises;

approval from the Urban Redevelopment Authority, Building and Construction Authority.

• Our team of company formation agents in Singapore can offer more details.

Page 8: Open a Fast Food in Singapore

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Employees of a Fast Food in Singapore

• It is also important to know that the employees of the Singapore fast food must have specific qualifications.

• A list with their names must be provided to the National Environment Agency.

• The fast food must also appoint a food hygiene officer.

Page 9: Open a Fast Food in Singapore

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Other Licenses in Singapore• A 

company registered in Singapore will need to obtain other relevant licenses, such as:

 

a liquor license;

a halal food license;

a license to import foodstuff.

• The investors will also have to register for taxation purposes, as well as for social security.

Page 10: Open a Fast Food in Singapore

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Consultancy Services in Singapore• Companies registered in

Singapore can benefit from the provisions of the double taxation treaties signed by the representatives of the state.

• Our specialists can also offer assistance for Value Added Tax registration.

• Please contact our team of company formation representatives in Singapore for complete corporate services.

Page 11: Open a Fast Food in Singapore

Thank you for your attention!

• For more information please contact us at:

+ 852 8191 3385

[email protected]

www.opencompanysingapore.com 11