How to set up a private company to operate a restaurant?

Question

What are the no.& type of manpower required?

Is $125,000 enough ?

What are the regulations to register a private company?

What is the market rate to employ a chef & operational manager?

Answer 1

As a start, foreign owned private company needs local partners to register. For more info, you can actually look into www.acra.gov.sg.

A qualified chef and manager ranges from $1800 to $2500 depending on the skills, experiences and qualifications.

If you need to source, I could assist you as my friend works as a chef and he knows better than me.

Answer 2

It takes only 3 days to set up a co. in Singapore. Go to www.acra.gov.sg, click on registrations.

Manpower requirements depend on the type of restaurant you want. A Chinese restaurant requires more waiting staff than a self-serve fast-food restaurant.

For market rates of restaurant staff, go to category 642 of The Straits Times Classified Ads "Hotel/Restaurant/Lounge" to find out what others are offering.

Answer 3

It is more than enough. visit singapore immigration rules you can find all the details. likewise go and see incorporating companies in singapore you can find