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Beginner’s Guide on Starting a Hawker Stall Business in Singapore
Hawker stalls are something that have been a part of Singapore’s culture for as long as we can remember. Singaporeans love their food, and to meet this growing need and rising demand, hawker stall businesses in Singapore have bright prospects for the future. If you have been thinking of starting such a business, this guide to company registration is precisely what you are looking for.
In Singapore, if you want to run a hawker stall business, you must be a Singaporean citizen or permanent resident. If you are a foreign entrepreneur, you will need a partner to help you with this venture. This partner must be either a Singapore citizen or a Permanent Resident of the country. You would also need to be at least 21-years of age with a clean financial history, which means you must not have declared bankruptcy in the past.
If you have had your licenses previously revoked, or you have been de-registered in the past, you will not be eligible. You will also not be permitted to operate 2 or more cooked food stalls within the same hawker centre. Before you can go about starting a hawker stall business in Singapore, you must complete the business registration process. This guide explains what you need to do.
What is a Hawker Stall Business?
A hawker stall or a hawker centre is an open-air establishment. These types of establishments are commonly found in Asian countries like Singapore, Hong Kong, and Malaysia. These centres sell a variety of food catered to suit everyone’s needs, no matter what you’re craving for. Walking through a hawker stall in Singapore will leave your mouth watering as you peruse the incredibly tempting selection.
Hawker stalls in Singapore are immensely popular because of how affordable the food is. Not only is it affordable, it is delicious too. Hawker stalls receive a lot of support from the government too as an attempt to boost small businesses. SPRING Singapore has allocated $12 million under the Capability Development Programme (CDP), which launched in March 2007 as a boost to help local F&B enterprises over the next 3-years.
How to Register Your Business in Singapore?
As your dedicated corporate service provider, 3E Accounting can assist you with the business registration process from start to finish. One of the first steps you need to do is to secure a premise for your hawker stall before you can secure a Hawker Stall license and run your business. Once you know the location of your future business and where you would like to set up, the next step is to get your business registered with the Accounting and Corporate Regulatory Authority (ACRA).
You need to gather your documents and file them with ACRA. You can do this with BizFile, ACRA’s online web portal. If all your documents are in order and everything goes smoothly, 3E Accounting can help you get your business in order and complete this process within a day. If further documentation or assessment is needed, then your company registration process can take up to 14 days. Enlisting the help of a professional team like 3E Accounting will ensure this process goes smoothly.
During the business registration process, you will need to choose the type of business structure you want to go with. Since you will need a local partner who is Singaporean or a Permanent Resident to apply for the licensing, the company structure should be a part partnership business entity. 3E Accounting can provide you with more details regarding this matter.
The Licenses and Permits You Need
Like most businesses in Singapore, starting a hawker stall business means you will need certain permits and licenses to operate legally. After registering with the ACRA, you need to apply for a Hawker Stall License. This requirement is per the Environmental Public Health Act.
You will also need to abide by the local cleanliness and food safety requirements. This is mandatory for every business that sells food and drink. If you don’t, you will be at risk of demerit points if your stall violates protocols and you fail to comply with the environmental health regulations. If you are renting your hawker stall from the Government, you will need a license for that too. For entrepreneurs who want to operate a food stall located inside a privately-owned food shop, you will need to apply for a Food Stall License instead.
All food handlers working in your hawker stall will need to register with the NEA. They also need to complete the WSQ Follow Food & Beverage Safety and Hygiene Policies course before dealing with food. Failure to comply will put you at risk of a fine and demerit points. Your Hawker Stall License could also be suspended or revoked if you have accumulated more than 12 demerit points in a 12-month period.
Anyone citizen or permanent residence above the age of 21-years in Singapore can make the application. If you are a foreign entrepreneur, you will need to have a local partner who is either a citizen or a Permanent Resident of Singapore. 3E Accounting can assist you with this as part of our SG company incorporation services.
Ready to Launch Your Business? That’s What We Are Here For
3E Accounting’s company formation experts are equipped with years of experience and industry knowledge. We are ready to guide you through the process of setting your dream business. Let us help you launch your business the right way and on a strong footing.
For more information about our company incorporation services and guidance about starting a hawker stall business, contact 3E Accounting today.