Singapore Expats

Online stores..

Discuss your views about Singapore business & economy, current policies & issues, starting a business in Singapore.
Post Reply
User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 40376
Joined: Thu, 11 Nov 2004 1:26 pm
Answers: 21
Location: Retired on the Little Red Dot

Post by sundaymorningstaple » Tue, 06 Jan 2009 11:24 pm

Yes Danial, that is correct. We do not dispense advise that is potentially illegal. We are here to help people and not possibly get their butts in a jam due to following someone ill-placed help. What actually happens and what is legal is often two different things here as ksl has aptly pointed out. The police and inland revenue are two different bodies. The police don't care unless you are trespassing, disturbing the piece or something of that nature. Inland revenue tends to not say anything but just observes. It's by observation and net worth audits that quite a few tax dodgers are caught. Kinda like the curry puff guy last year. Sure, lots of people do it. It doesn't make it legal - and we do not espouse doing any illegal on this site.

Please remember that.

Thanks.
moderator
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers

danialgoh
Regular
Regular
Posts: 72
Joined: Tue, 14 Sep 2004 4:02 am
Location: Singapore

Post by danialgoh » Tue, 06 Jan 2009 11:34 pm

I will remember that. Thanks.

Cheers...
Regular

User avatar
ksl
Governor
Governor
Posts: 5989
Joined: Mon, 19 Jul 2004 8:52 pm
Location: Singapore
Contact:

Post by ksl » Wed, 07 Jan 2009 12:39 am

danialgoh wrote:I will remember that. Thanks.

Cheers...
Regular
Hi danialgoh, your advice is not worthless, it is good advice, because you are quite right, many if not hundreds are doing it in many different places, so it's important to say, you do it at your own risk, just like all the people that do not buy licences for their pets. Although how the authorities look at it when caught, is another matter. But I agree with you, many are involved in the practise in Singapore and the authorities do turn a blind eye, to most of it.

It is well worth a discussion, even if it's just to find out, how things are done by the locals or visiting expats, so thanks!

ETMOTO
Newbie
Newbie
Posts: 4
Joined: Sat, 14 Mar 2009 10:23 pm
Location: Singapore
Contact:

Post by ETMOTO » Sat, 14 Mar 2009 10:38 pm

Register a SP with ACRA and get your business running, you only need to submit your income to IRAS.

Robbiexx
Newbie
Newbie
Posts: 1
Joined: Sun, 15 Mar 2009 7:01 am
Location: Australia
Contact:

Go overseas

Post by Robbiexx » Mon, 16 Mar 2009 5:32 am

Why not go overseas as well!

mineralskincare
Newbie
Newbie
Posts: 6
Joined: Wed, 18 Mar 2009 12:09 pm

Re: Online stores..

Post by mineralskincare » Wed, 18 Mar 2009 12:55 pm

Mathew Wong wrote:
ddadada wrote:Anybody doing online stores interested in affiliation? Im currently selling clothes online but the crowd is quite limited. I thought the site would be more interesting if there were more items besides clothes.
Not exactly affiliation but my friend has told me about this cool free shopping cart. FatFreeCart it's pretty nifty as it doesn't require you to install or buy the software perse. You just have to stick the Javascript code in your website. Instant shopping cart that connects your customers to Google Checkout and PayPal.
So good? Really FOC?

Normally shopping carts like OsCommerce, ZenCart etc.. must pay quite alot...

How good is the Fat Free Cart? Does is have secure safe shopping?

User avatar
lore
Member
Member
Posts: 39
Joined: Sat, 28 Feb 2009 6:45 pm
Location: Singapore

Post by lore » Wed, 01 Apr 2009 3:59 pm

danialgoh wrote:I am sorry but I have to disagree with the above.

First of all, have you ever seen or heard stories of flea marketeers being chased away by authorities for not registering their business? Never...
If this has been the case, those flea marketeers would have been long out of business.

As I have mentioned in my previous posts, all you need to do is to pay the flea market organiser. The one who needs to register is the flea market organiser as he is in fact, the organiser.

This is what the organiser does. In this case study, we use Shopping Mall X (SMX).

SMX owns the huge space near the entrance of its building. A budding entrepreneur, Mr Y who already has a registered business mainly flea markets, contacts SMX regarding the lease of the space at the entrance of its building. The length of the lease depends on SMX for example 1 year, 2 years? Mr Y makes an advance payment for the space. As part of formality, SMX will ask Mr Y if he has already registered with ACRA. Mr Y says yes. Ok that part of registering a business is already done and agreement has been reached with SMX. So now Mr Y owns the lease at SMX for 2 years.

To create awareness, Mr Y puts up an advertisement saying that he has a flea market spot to rent. The fees charged for a space depends on Mr Y. Mr Y will also create a list of items which you can sell and which you can't. Based on experience, a flea marketeer cannot sell food and drinks. Items like clothing, footwear, ladies accessories etc can be sold. This regulation applies to all flea market. You can sell anything except food and drinks.

As Mr Y has already registered his business, those flea marketeers who are interested in renting a spot from Mr Y need not register their business. That's what flea markets are. The spots rented out are only for a day or 2 and this is normally done on weekends.

The good thing about a spot at flea market is, you do not need to register your business. You need not declare your income. Think of it as ebay or yahoo auctions. You sell your 2nd hand items to people on the net. Do you need to register with ACRA just because you are an ebayer? The answer is no.

Another interesting point to note is, there is a flea market at Sungei Road everyday! The authorities know the activities going on there. But from 1970s till now, Sungai Road has been brisk with business. There is no organiser at Sungai Road. Its basically a huge space where foreign workers and even locals set up shop. As long as you don't sell pirated DVDs or porno materials, you should be just fine. How to get a space there? Simple. Just bring your ground sheet, arrange your items and sell.

Cheers...
I greed with you. Seems you have done alot of homework. May i ask are you a retailer or????

User avatar
sammone40
Regular
Regular
Posts: 104
Joined: Wed, 20 Jul 2011 9:53 am
Location: Singapore
Contact:

Online Store

Post by sammone40 » Thu, 19 Jan 2012 4:02 pm

Anyone want to meet up to talk about;

Business Plan for online store;

1. Strategy
2. Design
3. Products
4. Growth Plan
5. Marketing and Media
6. Variables
**How many times will we say the world is not enough. Be one with the earth**

Post Reply
  • Similar Topics
    Replies
    Views
    Last post

Return to “Business in Singapore”

Who is online

Users browsing this forum: No registered users and 2 guests