Starting a Publishing Company in Singapore

10
Starting a Publishing Company in Singapore A presentation brought to you by OpenCompanySingapore.com 1

Transcript of Starting a Publishing Company in Singapore

Page 1: Starting a Publishing Company in Singapore

Starting a Publishing Company in SingaporeA presentation brought to you by OpenCompanySingapore.com

1

Page 2: Starting a Publishing Company in Singapore

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

Page 3: Starting a Publishing Company in Singapore

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

Page 4: Starting a Publishing Company in Singapore

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

Page 5: Starting a Publishing Company in Singapore

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

Page 6: Starting a Publishing Company in Singapore

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

Page 7: Starting a Publishing Company in Singapore

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

Page 8: Starting a Publishing Company in Singapore

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

Page 9: Starting a Publishing Company in Singapore

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

Page 10: Starting a Publishing Company in Singapore

Thank you for your attention!

For more information, please contact us at:+ 852 8191 3385

[email protected]

www.opencompanysingapore.com10