set up a hotel in singapore
TRANSCRIPT
Set Up a Hotel in Singapore
A presentation brought to youby OpenCompanySingapore.com
1
2
The Hotel Industry in Singapore >>
• The Singapore tourism industry registered a spectacular growth beginning with 2010 and together with it also flourished the hotel industry.
• Ever since, the hotel and the restaurant sectors registered an 8% growth.
3
>> The Hotel Industry in Singapore
• Also, in 2015 the number of tourists coming to Singapore reached a record number of 17 million which was a great year for the hotel industry.
• The most successful branches of the industry are represented by luxury, boutique and mid-range hotels which cover the expectations of tourists travelling for leisure or business purposes.
4
How to Open a Hotel in Singapore? >>
• The first step to set up a hotel in Singapore is to register a company which requires assistance from specialists in company registration.
• Our local agents can help you by preparing and filing the documentation with the Accounting and Corporate Regulatory Authority in the city-state.
5
>> How to Open a Hotel in Singapore?
• Once this procedure is completed, one must obtain a Hotel-Keeper’s License which is regulated by the Singapore Hotel Act.
• This special license is obtained with the Hotels Licensing Board in the city-state.
• Our Singapore company formation agents can help you obtain the Hotel Keeper’s License.
6
Authorizations Required for Opening a Hotel in Singapore
• Prior to applying for the permit to run a hotel, the owner must obtain the following:
approval from the Urban Redevelopment Authority of Singapore for the premises;
clearance with the National Environment Agency;
clearance from the Fire Safety Department;
clearance from the Building Construction Authority.
7
Obtaining the Hotel-Keeper’s License in Singapore
• The documents required to obtain the Hotel-Keeper’s License are: the documents issued by the
authorities mentioned in the previous slide;
the hotel-keeper’s resume;
a letter containing the hotel’s estimate opening date;
copies after the published adds;
the receipt issued after paying the licensing fee.
8
Other Licenses for Opening a Hotel in Singapore >>
• Foreign investors opening hotels in Singapore must know that depending on the types of activities they want to provide, other licenses may be required.
• Our company registration experts in Singapore can help you obtain them.
9
• The other licenses a hotel in Singapore must obtain depending on its activities are: licenses for playing music or for restaurants.
• Those wanting to offer additional services, such as spas, must also apply for a Massage Establishment License.
>> Other Licenses for Opening a Hotel in Singapore
10
Business Consultancy in Singapore
• Our company formation firm in Singapore is formed of experienced consultants who have helped many foreign investors open companies in the city state.
• For complete information about all the requirements to set up a hotel in Singapore or any other type of business, do not hesitate to contact our team.
Thank you for your attention!
• Please contact us for more information at:
+ 852 8191 3385
http://www.opencompanysingapore.com/11