Healthcare businesses have unique operational requirements that blend regulatory compliance, client management, and internal workflows. While coworking spaces cannot accommodate patient-facing services or clinical treatments, they can serve as practical satellite…

Unlock Your Business Success at CoWorkSpace in Raffles Quay, Singapore
Starting a business in Singapore offers a compelling opportunity, especially for professionals in finance and external asset management.
Singapore’s transparent regulatory environment, efficient infrastructure, and strategic location make it an ideal base for launching ventures.
At CoWorkSpace, we’ve navigated this journey ourselves, and we’re here to share insights that can help you do the same with our Singapore serviced offices.

1. Define Your Business Structure
Choosing the right business structure is crucial.
For many in finance and asset management, a Private Limited Company (Pte Ltd) offers benefits like limited liability and credibility.
This structure also facilitates obtaining a Capital Markets Services (CMS) license, essential for certain financial activities.
For a deeper dive into setting up a CMS-licensed company, explore our guide on CMS-licensed companies.

2. Register with ACRA
The Accounting and Corporate Regulatory Authority (ACRA) oversees business registration in Singapore. You’ll need to secure a unique company name, appoint at least one local director, and provide a registered office address.CoWorkSpace offers compliant business addresses and mail handling services, streamlining this process for you.

3. Secure Necessary Licenses
Depending on your business activities, specific licenses may be required. For instance, financial firms may need a CMS license from the Monetary Authority of Singapore (MAS).
Legal professionals looking to establish a firm can find valuable information in our article on setting up and running a law firm inside CoWorkSpace.

4. Open a Corporate Bank Account
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5. Set Up Your Workspace
A professional workspace enhances credibility and productivity.
CoWorkSpace provides secure, access-controlled offices suitable for financial and legal professionals.
Our door access systems ensure that your workspace remains secure, giving you peace of mind.

6. Build Your Team
As your business grows, assembling a competent team becomes vital. Singapore’s talent pool is diverse and skilled, particularly in finance and technology sectors. CoWorkSpace’s collaborative environment can aid in attracting and retaining top talent.
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