EnterpriseOne - Regulatory Checklist: Setting Up A Telecommunications Business

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Regulatory Checklist:
Setting Up A Telecommunications Business

Thinking of setting up a Telecommunications business (telecommunications dealer, exporter etc.)? Use this regulatory checklist as your guide.

It sets out the minimum steps you need to take in order to comply with regulations when starting an infocomm business.

Please note that this checklist does not cover non-regulatory matters such as accounting, budgeting and product pricing.

	Action Item	Compulsory Or Optional	Timeline Approval or processing time by Government agency.	Fees/Cost Government-related fees and subsidies.
PREPARATION
1.	Register Your Business All businesses must register with the Accounting and Corporate Regulatory Authority (ACRA).	Compulsory	Generally within the same business day.	S$65 – S$615 depending on the type of business.
PREMISES
2.	Secure Your Premises You can rent from the Government or private landlords.	Compulsory	Varies according to market conditions.	Rental rates and rental deposits vary according to market conditions.
3.	Ensure Your Premises Comply With Regulations You must have approval to/for: a) building works b) fire safety works c) occupation of the premises	Compulsory	Varies depending on the approvals that you require.	Varies depending on the approvals that you require.
4.	Renovate/Carry Out Works If you renovate or carry out works, you must obtain approval for: a) building works b) fire safety works c) works on conservation buildings d) signage on buildings	Optional	Varies depending on the approvals that you require.	Varies depending on the approvals that you require.
MANPOWER
5.	Hire Staff Please ensure all your foreign employees have valid work passes/work permits.	Optional	-	-
LICENCES AND PERMITS
6.	Obtain A SBO (Class/Individual) Licence You must apply for either a SBO Class or Individual licence if your business provides telecommunications services or mobile content.	Optional	2 – 14 working days depending on the type of business.	S$200 – S$5,000 depending on the type of business.
7.	Obtain A Telecommunications Dealers’ Licence You must apply for this licence if your business manufactures, imports, lets for hire, sells, or offers or possesses for sale any telecommunication equipment.	Optional	7 working days.	S$250 per annum.
8.	Obtain Other Licences/Permits You Need Take stock of the activities you will be carrying out in your business. Some of these (e.g. using a TV for staff training) require licences/permits.	Optional	Varies depending on the licence/ permit.	Varies depending on the licence/ permit.

Last updated on 30 October 2009
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