Assisted Self-help Kit (ASK) - Bestar

Licensing Overview

Futures Contract Licence / Foreign Exchange Licence / Fund Management Licence Criteria For the grant of capital marketing services [CMS] Licence Who Needs to hold a CMS Licence A corporation that carries on a business in the following regulated activity in Singapore would need to hold a CMS licence under the Securities and Futures Act…

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Travel Agent License

Who Needs To Apply For A Licence Increasingly, organizations are looking to trusted Bestar IT to help reduce cost, manage complexity, maintain leading-edge skills and adopt technology innovation. You will need to apply for a travel agent’s licence with Singapore Tourism Board (STB) if you carry on, or advertise or hold yourself out as carrying…

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Insurance License

Insurers are licensed and governed under the Insurance Act (Cap. 142) (“IA”). Insurers may carry on insurance business in Singapore as licensed insurers or foreign insurers: Licensed insurers can carry on direct life and/or general business, life and/or general reinsurance business or captive insurance. Foreign insurers are approved under the law of another country/territory to…

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Remittance License - Bestar Singapore

Remittance License

Admission Criteria The applicant for a remittance licence has to be a company with a minimum capital of S$100,000 and furnish a security deposit of S$100,000 in respect of its place of business. Applying for a Licence In applying for a remittance licence, please furnish, where applicable: Latest Curriculum Vitae of directors and majority shareholder;…

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