However, before proceeding with your decision, it is required to understand and gain in-depth knowledge of the licensing requirements, Internet code of conduct, framework regulations for web contracts, Singapore IT law and goods and services tax. Let's get started with setting up a business in SingaporeIf you already have a business registered in Singapore, it won't be very difficult for you to take your business operations online. However, when you want to start a business right from the start, you need to follow almost all the steps involved in setting up a company in Singapore. Start with registering a business with the Accounting and Corporate Regulatory Authority (ACRA) of Singapore using their electronic filing and information retrieval system; Bizfile+. Depending on your nationality and the type of company you are interested in, you may have to spend $50 to $600 and hopefully within 15 minutes you will be informed about the status of your Singapore company registration. In general, the process takes just 1 to 2 working days, but if your request requires review and approval by the corresponding external authorities, it could take up to 2