If you have decided to left your mark on the event management industry in Singapore, you do not have to set up any special type of company for it. All you have to do is register a Singapore private limited company. And before starting your business activities, apply and acquire the necessary licenses for holding events.
How to Start an Event Company in Singapore
It is no wonder that the event industry in Singapore attracts you. The country is a self-made business destination. It is a home to,literally, thousands of international and big national companies. It is not a lucky guess that they like to hold their meetings,conferences in Singapore. People from all over the world also choose it for organizing conventions, forums, exhibitions, beauty contests,sport, and other events.
Registering a Private Limited Company with ACRA
To get an event company, you need to, first, set up a private limited company in Singapore. It is easy, as you have to complete only two procedures, a) Get approval for the name of the proposed company and b) Register the company with ACRA. The process takes only 1-3 days to complete. You or your registered filing agent will get an email from ACRA upon successful registration of your company.
You will have to apply to ACRA (Accounting and Corporate Regulatory Authority), the Company Registrar of Singapore. It governs all the companies that are locally registered. Discuss your business needs with an experienced registered filing agent or a firm offering reliable incorporation services.
Singapore Licenses for An Event Management Company
You, depending on the nature of events, may have to get various licenses.Generally, the events are classified as:
Meetings,Incentives, Conferences, & Exhibitions (MICE)
Performing arts
Lifestyle,leisure, personal events
Your agent will assist in applying to the proper authorities and in acquiring the licenses for events you are interested in specializing.Following is a list of the licenses or permits you will need to get before starting the activities of your event management company:
Public entertainment license from the Singapore Police Department
Art entertainment license issued from Singapore Media Development Authority
Tradefair license from Singapore National Environment Agency
NEA license for the Animal exhibition from National Environment Agency(NEA), Agri-Food & Veterinary Authority
Copyright permit from the copyright owners registered with collective management organizations
Urban Redevelopment Authority for the approval of premise
Fire Safety Certificate from Singapore Civil Defense Force
Other licenses, approvals or consent from appropriate authorities
The additional licenses that you will need to get and the authorities you need to get them from are as below:
Advertisement License from the Building and Construction Authority of Singapore
No Objection Letter for Selling Food and Beverages from the National Environment Agency
Fireworks Display License from the Singapore Police Force
Notification to Conduct Lotteries to the Singapore Police Force
Newspaper Permit from the Media Development Authority of Singapore
Non-Residential TV License from the Media Development Authority.
Approval for Fire Safety Work from the Fire Safety and Shelter Department of Singapore
Depending on the type of the event and premises you may also need approval from the Urban Redevelopment Authority, National Parks Board, Land Transport Authority, Singapore Tourism Board, Singapore Land Authority
The fees for acquiring these licenses, permits or approval are,generally, not included in the incorporation package. You will need to discuss them with your agent for clarification. It may seem a lot of work to you. However, it is not a cause for the worry, as the agents are proficient to handle it.
SBS Consulting Pte Ltd is a reliable and experienced registered filing agent in Singapore. We have an affordable incorporation package offering free services like company secretary and registered office address for the first year. Get in touch with us on+65-65360036 or email us at info@sbsgroup.com.sg for how we can assist you.
