How to Incorporate Your Business: The Ultimate Checklist

October 18, 2021

We all know incorporating a business is not an easy task. There are many steps to take, and it can be difficult to keep track of everything you need to do. To make the process easier, here is a handy checklist for incorporating your business!


Register A Company Name


The name you choose for your company is very important, so don’t rush it or pick something that sounds good. Take time to think about what makes sense for your particular business. Be sure you are not infringing on someone else’s copyright or trademarked name, and do some basic internet searches to determine whether another company has already used the same name before choosing yours.



If there’s any doubt at all, don’t use it. You can also check with relevant government agencies regarding the availability of certain names in case they have already been taken by other entities in the past but might still be available if applied for. At the very least, incorporating a business can help you to protect your name and brand identity for future use or expansion of services under that name.

There are a lot of businesses in Singapore. That is why the guys at say that you’ll need some time to choose the name because they first need to check if it’s available. Once you do this, on the other hand, you’re ready to go on with the process of incorporating.


Find A Location Where To Incorporate Your Business


After the name, you’ll still need to figure out where to incorporate your business. This may be the hardest part of incorporating a business, but it’s also one that you can’t ignore if you want to set up things correctly from the start.

Incorporating a business in some countries and states is easier than incorporating a business somewhere else because these states have laws designed to attract businesses and offer low-cost incorporations. It’s important to know the benefits of incorporating a business in each state and how easy it is because incorporating your business with an attorney can be expensive, especially if you decide to incorporate a business somewhere else down the road after you’ve settled on one particular location for your company.

The first thing that most entrepreneurs want when incorporating their businesses is simplicity and low cost. However, some countries offer laws where there are no annual reports or incorporation fees at all! The best place to incorporate your business depends on what kind of products and services you’re offering as well as whether or not incorporating a corporation fits into your long-term goals.


Nominate Your Company’s Shareholders


Shareholders have a huge role in the running of a company, and their actions impact its future. This is why it’s important to nominate your shareholders in order to incorporate a business properly. To nominate your company’s shareholders, you’ll need to know how many shares they hold.

This is also the time when incorporating a business becomes important because it allows you to make sure that all of your shareholders’ names are on record with the state and federal governments. If any of these individuals’ information changes at some point in the future, this can affect whether or not your incorporation will be successful (and if so, what kind).


Nominate Your Company’s Directors


A board of directors is a group of people who are elected by the shareholders to make business decisions that will benefit the company in both the short term and long term. You, as an incorporator or shareholder, can nominate yourself or other individuals for this position.

The most important factor when nominating directors is how each candidate contributes to your organization’s vision for success. This means looking at their skill set rather than simply eliminating those who don’t meet certain qualifications. Directors are responsible for making sure they understand your company’s legal requirements with regards to incorporating a business, ownership shares, operational control, governance structure, etc.

Here are the factors on what to look for in a director:


  • Legal expertise
  • Company vision and mission
  • Financial acumen
  • Marketing knowledge


These are the qualities you should be looking for when nominating your directors. It’s also important to remember that incorporating a business is not just about incorporating but maintaining compliance with provincial laws in order to function as an active company.


Start Your Business


Once everything from above is done, it’s time to start the business. First, you have to create a business plan for incorporating your business. This step is important because it’s like starting from scratch and will help not only with incorporating but also managing all of your future duties as an owner. Furthermore, another great advantage of creating a business plan prior to incorporating would be that if needed in the future (for tax purposes, etc.), the information is readily available.



Incorporating a business should not be as hard as some make it sound. Make sure you have the right name and location. Afterward, you’ll need shareholders who will then nominate the directors. Finally, when everything’s done it’s time to start your business. It should all run like a well-oiled machine.


Submit a Comment

Your email address will not be published. Required fields are marked *

Is Your Business Being Found Online?

Laptop Metrics Colorado

Free Digital Marketing Report ($150 Value)

marketing module lineWant to know how your business stacks up against the competition?

Read more articles about Business.

How To Create Product Pages That Maximize Sales

It takes a lengthy chain of events to lead to a sale. As a merchant, you can’t control every step along the way, much as you’d like to: most frustratingly, the average online purchase will begin with a search that you can’t meaningfully prompt. Yes, advertising will...

How Can Enterprises Plan Email Marketing as Part of Their Digital Marketing Plan?

In recent times, the use of the internet has soared to another level, as now it dictates corporate processes of all kinds, including payments. A vast segment of people leverage social media and digital marketing to propel their business plans. Many businesses...

The Best Guide to Website Security for Great SEO

Today, popular search engines give maximum priority to website security. The websites that are secure for the users and purposeful are recommended and promoted by these search engines. Therefore, SEO security is crucial to your website. With time, the nature of the...

How Remote and Hybrid Work Setups Have Impacted Employee Satisfaction

At first, this seemed like an overwhelming and almost impossible shift — prior to the pandemic, only about 7% of workers were working remotely, making it uncharted territory for most individuals. Almost two years after the shift began, many people are now working...

4 Ways to Use 3D Visualization Studio Services for Marketing

Marketing is the backbone of entrepreneurship. It plays a significant role in the modern business where the premises have moved to a digital location. It is so important that the development and maturation of any business depend on it. 3D visualization studio creates...

5 Website Redesign Tips To Nail User Experience

A website is a powerful marketing tool that can help businesses improve their online presence and engage with existing and potential customers alike. A business website can also function as 24/7 customer support, allowing companies to answer users' queries in real...

Guest posting – 3 important aspects that will increase your blogging efficiency     

When a celebrity launches a new product line or a singer has a new album coming up, they make appearances on different shows and events, right? That’s just to get people to know about what they have on offer. Watching a celeb talk about their new show on SNL gets you...

5 Social Media Strategies To Fuel MSP Growth

It's a constant struggle to sustain business growth amid the ever-changing commercial landscape. This is especially true in managed service providers (MSPs) that provide long-term services to their clients. While the income may be recurring if you've built...

Read more articles about business.

9 Ways a Professional Logo Can Affect Your Branding

9 Ways a Professional Logo Can Affect Your Branding

  A logo is essential for your business, as it communicates ownership, values, and quality and is imprinted on your business cards, products, social media, website, and your clients' minds. It's probably the first interaction clients and prospects have with your...

What Makes a Good IT Strategy?

What Makes a Good IT Strategy?

Technology has seen significant growth in recent years, thanks to the pressure from ever-changing consumer needs. For instance, many customers today prefer buying their items from online shops rather than visiting the nearest brick-and-mortar store. It’s a trend that...

12 Marketing Collateral Ideas for a Small Business

12 Marketing Collateral Ideas for a Small Business

Marketing is essential for building a brand, and this is why small businesses need to have some great marketing collateral ideas to impress the customer. Digital marketing is a huge challenge for the uninitiated, as it is increasingly important to make the right moves...

10 Smart Ways to Improve Cloud Security

10 Smart Ways to Improve Cloud Security

  Today, businesses are steadily shifting their operations to the cloud. If you want safe and successful cloud operations, it's crucial to keep the cloud environment secure at all times. Companies are eager to adopt cloud solutions, but security remains a...

7 Factors to Consider When Choosing an IT Partner

7 Factors to Consider When Choosing an IT Partner

With the advent of many technological advancements, updates to hardware and software, website outages, and cybersecurity issues, it only makes sense to partner with an information technology (IT) company. When you work with an IT firm, you can handle the...

Share This


Grow your business with the best SEO, content marketing, PPC, and competitor analysis tool.