Starting a tech gadget reseller business in Singapore can be a promising venture, especially with the country’s tech-savvy population and strong e-commerce ecosystem. Whether you’re selling smartphones, accessories, or other electronics, it’s essential to follow the proper government-regulated procedures to ensure your business is compliant and ready for growth.
Selecting the correct business structure sets the foundation for your company’s tax obligations, ownership, and liability.
You can choose from:
Private Limited Company (Pte. Ltd.) – Offers limited liability, professional image, and potential tax incentives.
Sole Proprietorship – Simple setup, low cost, but the owner is personally responsible for all debts.
Partnership – Shared ownership and resources, but partners are jointly liable for losses.
Most Singapore small businesses opt for a Private Limited Company, which allows flexibility for future expansion and investor confidence.
All businesses must be registered with the Accounting and Corporate Regulatory Authority (ACRA) through the BizFile+ online portal.
Here’s what you’ll need to do:
Choose and reserve a unique business name.
Provide details of shareholders, directors, and the registered office address.
Ensure you meet the requirement of at least one local resident director.
Complete incorporation within 120 days of name approval.
Once registered, ACRA issues a Unique Entity Number (UEN) — this serves as your company’s identification number for all official and tax-related transactions.
Most tech gadget reseller businesses don’t need special licences unless you’re importing controlled goods or electronics requiring safety certification.
If you plan to import gadgets, you must:
Register with Singapore Customs to obtain a Customs Account.
Ensure your products meet Safety Mark and Consumer Product Safety Office (CPSO) requirements.
Comply with all import and re-export documentation procedures.
Staying compliant protects your business from fines and disruptions during customs clearance.
✅ Our expert team streamlines your business journey, from company incorporation to tax filing. We offer transparent pricing, dedicated support, and industry expertise for your peace of mind. Discover our all-inclusive incorporation packages here.
Running a business in Singapore involves fulfilling several ongoing obligations. These include:
Personal Data Protection Act (PDPA): Protect customer data when selling online or collecting personal information.
Goods and Services Tax (GST): Register if your annual turnover exceeds SGD 1 million.
Business Insurance: Consider policies that cover product liability or damage.
Employment Regulations: If hiring staff, comply with Ministry of Manpower (MOM) guidelines and CPF contributions.
These steps ensure your company operates smoothly and ethically within Singapore’s regulatory framework.
After incorporation, open a corporate bank account under your company’s name to handle all business transactions professionally.
Maintain proper accounting records and prepare:
Annual returns to ACRA.
Corporate income tax filings with the Inland Revenue Authority of Singapore (IRAS).
Financial statements that accurately reflect your company’s performance.
Accurate accounting not only keeps you compliant but also helps you understand your profit margins and make better business decisions.
Starting and maintaining a tech gadget reseller business can get complex once you factor in taxes, financial reporting, and compliance requirements. That’s where Counto can make things easier.
Our expert accountants handle your bookkeeping, GST registration, payroll, and tax filings while leveraging smart automation tools that save you time and reduce errors. We also ensure your filings with ACRA and IRAS stay compliant — so you can focus on sourcing, marketing, and selling your tech products without worrying about paperwork.
Whether you’re just setting up or scaling your business, Counto provides end-to-end accounting and corporate services in Singapore, tailored for small businesses like yours.
Launching a tech gadget reseller business in Singapore requires careful attention to legal structure, registration, licensing, and financial compliance. By incorporating through ACRA, checking your import requirements, complying with tax and data protection laws, and maintaining accurate accounting records, you’ll be building your business on solid ground.
With expert guidance from Counto, your Singapore small business can stay compliant, financially organised, and ready to thrive in the fast-moving tech market.
At Counto, we empower entrepreneurs with seamless business registration and expert company secretary services. Our all-in-one platform ensures your business stays ahead of Singapore’s regulations. Let’s simplify your business journey. Speak to us directly on our chatbot, email [email protected] or use our  contact form to get started.
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