Starting a Publishing Company in Singapore
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Transcript of Starting a Publishing Company in Singapore
Starting a Publishing Company in SingaporeA presentation brought to you by OpenCompanySingapore.com
1
The Publishing Industry in Singapore
• With one of the highest literacy rates in the world, the publishing industry in Singapore provides high quality newspapers, specialty books and magazines.
• Considering the well-regulated intellectual property protection regime, Singapore has one of the most appreciated publishing industries in the Middle-East.
2
Assistance for the SingaporePublishing Industry
• Publishing companies in Singapore benefit from the Publishing Grant Scheme enabled by the National Arts Council.
• The Publishing Grant Scheme offers both local and foreign enterprisers up to 20,000 SGD per year for publishing or translating Singapore artists.
3
Registering a Publishing Company in Singapore
• Foreign investors must keep in mind that according to the Singapore Company Act a publishing business must have at least one resident director.
• The company must also have a registered office in Singapore.
• Our experts in company formation in Singapore can help you set up a publishing company.
4
Licensing of Publishing Companies in Singapore
• All Singapore companies conducting written publishing activities are required to obtain a newspaper or a printing press permit.
• The Singapore Newspaper and Printing Press Act allows companies to run online publishing activities without any licensing requirements.
• However, companies providing internet content in Singapore must register with the Media and Development Authority.
5
The Newspaper Permit in Singapore
• The newspaper permit must be obtained with the Media Development Authority of Singapore (MDA).
• Newspaper licenses in Singapore are required for the following activities:
printing or publishing a newspaper in Singapore;
selling and distributing foreign newspapers in Singapore.
6
The Printing License in Singapore
• The printing press license is issued by the Registrar of Newspapers in Singapore.
• The printing press permit is required for publishing companies in Singapore operating presses in order to print publications.
7
Other licenses for Singapore Publishing Companies
• The publishing industry implies a wide range of activities which is why certain additional special license may be required in Singapore.
• Among these are advertisement licenses and a permit to reproduce currency designs.
8
Company Incorporation Services in Singapore
• Company registration in Singapore must be done by a resident or a professional firm.
• For complete information about publishing licensing requirements and documentation we invite you to contact our Singapore company incorporation representatives.
9
Thank you for your attention!
For more information, please contact us at:+ 852 8191 3385
www.opencompanysingapore.com10