Is Notary Public Translation Used To Setting Up Retail Outlet In Singapore?

 



Retails Outlet will typically buy goods directly from manufacturer or wholesaler at discount and then mark price for sale. Retail industry in Singapore which is one of the most developed sectors.It is the most progressive sector in Singapore which increases day by day. In Singapore, most of the products are sold like electronics, cosmetics, clothing articles, medicine, and furniture from retail stores. This sector employs a large number of peoples living in Singapore. A  retailer in the city-state can register with the Singapore retailer association by representing a retail business certificate/card or another necessary document. To register with  Singapore retail association or corporate regulatory authority notary public translation plays a vital role in understanding the rule and regulations associated with retail licenses.

How can I get a license of a retail outlet in Singapore?

Before opening the door to your customers,it is important that it must comply with the regulation for the activity to be carried out within. The business license is a permit released by the Singapore govt agency that enables companies to conduct business operations. Some of the licenses to be obtained in order to open a company in Singapore which depends on what product you want to sell. Here, are the list given below that includes business licenses:

  • ·         Telecommunication license for selling telecom equipment
  • ·         Pharmacy license for those selling pharmaceutical products
  • ·         Supermarket licenses for those who are  setting up a supermarket
  • ·         Liquor license for those selling sprits

Startup and Occupational license:

Startup Licenses: If we discuss startup licenses basically it is necessary before start a business or company .for example if you are going to start an amusement centre then you need to apply a public entertainment license. The listing of licenses may be applicable to different -different business activities.

Occupational license: This license is necessary for undertaking certain certified professional services. For example, if you are a contact lens seller then you should need contact lens practitioners registration firstly. You should also need to comply with the contact lens practitioner act(cap.53A) by submitting an application for registration as a contact lens practitioner to the health science authority. If the person who are deliver such kinds of professional services then he/she needs to obtained occupational licenses.   

What are the common retail licenses and permits to keep your business operating legally?

   If you are planning for start new business then you should need the proper retail business licenses and permits.If you are conducting business without proper licensing is a criminal offense in some states, while others hand out hefty fines.Here are the common retails licenses and permits are given below

1.Federal Tax ID: It is used for business identity. It is also known as employer identification number(EIN).It can be registered online.

2. Business license: To register the business firstly you need to understand the what is the process of retail business registration and law associated with business.If you want to find out the information to start your business in your state then you should visit the state's official website. Here, you can easily get all the documentation requirements.

3.Resale certification: This kinds of certification require to purchase of the product for reselling and not pay sales tax. In this certificate, each state has own name for this types of license. this license allows your store to buy goods tax exempt from the distributor or manufacturer.

4. Professional licenses: Professional licenses are used by industry-specific retailers like auctioneers, hairdressers, pharmacists, optometrists and other professionals. To get the complete information,you can check your details at industry trade association or your state's license departments. 

5.DBA(doing business as) or Business name registration: This kind of certificate you require for the registration of your business or retail business as your personal name. For processing such kinds of certificates you need the documentation which includes business license and business name registration.

6.Occupancy certificate: If we introduce about occupancy certificate ,is required for business properties. Such kinds of certificates are examined/checked by the fire department inspector, building inspector, health and sanitation inspector when you applying.

7.Others permits: For alcohol and tobacco sale, alarm system permit, building construction, health permit, signage, special events you also need the local official's permits.

Conclusion:

Additionally, for a retail business license and permit you should need to provide necessary information to avoid problem s opening the retails business then you should need to hire certified translation services for communication of other language written documents. It is very helpful for save your time and resource.

 

 

 

 

 

 

 

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