Playing Poker Online – What You Need to Know

Playing poker online is very addicting because you can play it in the comfort of your own home. There is no need to go to Las Vegas or Tunica anymore and waste your money on a hotel, plane ticket, car rental, tipping the dealer, etc…You can play poker online anytime against all types of players from around the world. Poker online is a new revolution and it is soon going to put online casino gambling poker slot out of business! Within 5 years, everything will be online and you must develop a strategy to make yourself rich playing online poker from the comfort of your own home. 

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Players in real life try to find ways to cheat poker, but there is almost no way to cheat online poker. It is 100% legit and it is extremely easy to deposit and withdrawal your money. You can save hundreds alone in tips, when you win a big hand there is NO NEED to tip the dealer! Online poker also provides you the chance to multi-table and you will see more poker hands than you would in person. 

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Now let’s talk about which sites to play online poker on. The first site I recommend is Fulltilt Poker. Full Tilt Poker offers 100% deposit bonus to first time players and has cash and Sit-N-Go games around the clock. Full Tilt Poker is also 100% US legal texas holdem online. I recommend this site 100% for US Players and also for other players around the world.

The next site 2 sites are also really good for playing poker online. They are Party Poker and Poker Stars. Both of these sites have hundreds of thousands of players online at any given time of the day and night. If you are looking for a game you can always find one on Party Poker or PokerStars. There is TONS and TONS of money to be made on either one of these sites. There are over 10,000 new players a day starting on these sites. If you learn poker and master it, you can take their money constantly and make a living for yourself.

Figuring out how to win and learning and studying all texas holdem poker rules, will lead to your success. You must keep practicing as much as you can, especially at the REAL MONEY level. If you decide to go the free texas holdem poker route, you might find yourself struggling when you finally decide to jump in to real money games. It’s best to start in real money games and slowly ease your way into higher stakes. If your playing cash games I would advise starting at the .5/.10 level or if your playing Sit-N-Go’s you should start at the 2+.20 Level. You need to slowly build your bankroll and work your way up to the top. You can even play some tier tournaments to earn your way into the World Series of Poker or World Poker Tour. You can be the next Jaime Gold!

 

The Financial Balance Sheet of a Small Business

The success of a small business can be measured in many ways, but perhaps the most common is the financial balance sheet. The financial report typically shows the operations of the business in the last fiscal year. It can also show how well the company performed in its previous year, and if the operations of the business are likely to be up for a repeat performance next year. From these numbers, one can determine whether or not the company is in good shape financially.  

self employed

For small business owners, the self-employed, this is a key component of their finances. In addition to the income generated by the business, it is also important to include the costs of running the business. This is important for two reasons.

First, operating expenses should be calculated, including wages, payroll, insurance, taxes, advertising, advertising promotions, repair and maintenance, etc. These expenses are all financial obligations that must be met in order to keep the business running and to make a profit. Any operating expenses that are not met will bring the profit level down, making it more difficult to meet expenses.

Second, the accounting of the business should be taken care of. An accounting system must be put in place to record expenses and revenues. If the operating expenses are not taken care of, the business will become cash flow negative, which will not be good for the business.

Many people think that they can get by with only one owner for their small business. When it comes to self-employed individuals, they make a grave mistake. When you are self employed, you may have a boss that may keep track of things or may even own a large percentage of the business.

In this case, you may find that the profits may not be reported to the self-employed. This makes it even more important to accurately report the business on both the financial and non-financial side. It is best to check with your local office of the Small Business Administration or other professional association for professional accounting services.

When doing the accounting for your business, remember that you will need to determine expenses separately for each individual business. This is necessary because some expenses that are appropriate for your business as a whole may not be appropriate for your small business. In addition, you may have payroll expenses that you do not pay out to each employee individually.

Another thing to keep in mind is that as you grow the business, you will have more expenses. Therefore, when you are self employed, you will want to decide what expenses you want to take care of yourself and what expenses you want to hire outside companies to handle. It is a good idea to have a regular plan for creating a budget.

There are many different types of businesses that fall into the category of the self-employed. Some examples include salaried employees, self-employed, and independent contractors. A salaried employee usually has a regular job at a company. When someone makes enough money from the company to pay a certain amount of money, they become an employee.

For those who are self-employed, they have the flexibility to work when they want. They can choose to work part time or full time, and may not have any set hours. In fact, the business owner is not required to work for them, though it is considered a benefit for self-employed individuals to be able to set their own hours.

As a small business owner, it is important to consider all of the implications of accounting for your business. It is something that you should take the time to investigate so that you will be able to make sure that you have the right financial plan for your business. Make sure that you make time to follow the advice of professionals in this area and make sure that you are not unaware of how your business is doing financially.

Being self-employed is not always easy, but for a business owner, it means having an extra set of hands. With this additional hands comes some new responsibilities, and so it is important to know what the potential pitfalls are and to be aware of what is needed to be done to keep your business running well.

Real Estate Professionals in Singapore

Singapore abounds with experts in the property field. These professionals range from top ranking jobs like estate agents and lawyers to the very bottom but equally professional carpenters, who work together to produce a unique skyline for Singapore. 

Singapore Business Broker

The different property experts in Singapore

The availability and variety of professionals in Singapore may be analogized to a 13 storey ‘condo’ building with carpenters occupying the first floor, other professionals the 3rd and 12th floors and the topmost level occupied by agents. There are approximately 13 professional classes in the Singapore real estate market.

Agents

The agent is the intermediary between sellers and buyers.

The licensing of agents is now vested in the Council of Estate Agents or CEA.

An estate agent is a person who assists people in selling or purchasing real estate.

Lawyers

A lawyer is a qualified legal practitioner who becomes a member of the bar upon graduating and acceptance. A lawyer must register with the Justice Ministry.

Functions:

  • Document and review purchases, leases, inspections and appraisals.
  • Assist in resolving insurance titles and environmental issues.
  • File and represent lawsuits in court in the event of a disagreement during real estate transactions.
  • Assist lenders and borrowers in foreclosure proceedings.

Mortgage brokers

There are no special requirements or licensing procedures but an aspiring broker must undergo a training course to qualify as an Accredited Mortgage Consultant.

All mortgage brokers must be registered members of the Mortgage and Finance Association.

All registered brokers must adhere to an industry Code of Practice which insists upon professionalism, ethical behavior and dedication to work in the interests of borrowers.

Architect

In Singapore, as in other countries, the architect is an important figure in the pre-construction phase of a real estate project because they:

  • Provide expert advice on designs and drawings of buildings
  • Offer suggestions on the most suitable contractors for the job
  • Develop layout plans for real estate buildings
  • Inspects and oversees the construction work

Banker

A banker must register and obtain a license to operate by the Monetary Authority of Singapore.

Bankers do not normally engage with individual clients when dealing in real estate, but prefer to negotiate with licensed firms or aggregators who negotiate with mortgage brokers and submit loans through aggregators.

Bankers provide funds to all parties engaged in the purchasing of real estate and also to estate developers and contractors.

Surveyor

The Singapore Institute of Surveyors and Evaluators represent the local land surveyors, evaluators, property managers, property consultants and real estate agents at the professional level.

A surveyor:

  • Conducts or supervises survey operations
  • Makes calculations of the survey data
  • Analyses the data and produces the final production map, plans or charts
  • Offers recommendations for changes
  • Acts as a consultant in advising his clients on the best choice of survey schedules, logistics, methods, instrumentation, costs and other aspects of the project

Inspector

An inspector can obtain an operating license from the Ministry of Manpower.

An inspector:

  • Carries out inspections on the structural, mechanical and electrical conditions of real estate
  • Provides information to the estate agent or buyer on how to identify of the more apparent major flaws that may exist in any given home, building or structure.
  • An inspection does not facilitate the detection of all flaws, problems or malfunctions that might exist in any given home.

Validation surveyor

The validation surveyor must be licensed by the Singapore Lands Authority.

The validation surveyor:

  • Acts as the accountant for structural engineers, mechanical and electrical engineers and other expert consultants
  • Helps clients obtain value for their money
  • Evaluates or appraises interests of a specific nature in real estate at any point in time
  • The evaluation is based on correct evidence from the market

Contractor

In Singapore, the licensing authority for a contractor is the Singapore Lands Authority.

In real estate, a contractor:

  • Is a person or company who has won a contract to engage in the building of a structure for a client
  • Engages in the actual construction work
  • Works with the surveyor and architect to construct and complete the project

Developer

A developer in Singapore has to be registered with the Singapore Lands Authority.

The developer:

  • Is a person or company that buys land in order to build a structure upon it
  • Must develop a housing project with more than 4 units
  • Needs to sources available real estate
  • Negotiates funds for the execution of a project

Financial Advisor

All licenses connected with financial services are controlled by the Monetary Authority of Singapore.

A financial advisor tries to help clients use their monetary resources in the most efficient manner.

Accountant

An accountant is a financial expert whose services are also essential in real estate transactions.

An accountant:

  • Possesses the right knowledge when making business decisions about real estate
  • Has the ability of assessing tax impacts, which is key to the success of a transaction
  • Spends a fair portion of time studying, researching, thinking and applying systems, financial measures and tax planning for investors

Carpenter

A carpenter in Singapore is generally hired by the contractor and is usually licensed to carry out the actual construction work for a project. The carpenter:

Constructs under the advice and supervision of the architect and contractor

Property manager

A property manager is a qualified expert who is employed by owners of the real estate.

Generally, the property manager:

  • Looks after real estate investment on behalf of the owners
  • Documents and evaluates potential tenants for occupying rentals
  • Collect rents paid by occupiers of rental premises
  • Negotiates contracts and rental terms on behalf of owners
  • Arranges for proper maintenance work of the owner’s premises, such as cleaning, plumbing and electrical systems
 

 

Offshore Advantage: Why Offshore Is the Best for Saving Your Wealth

If you are an investor or business man seeking sky highs then at some stage of your business you will definitely want to expand it and make incorporation in other countries. Not only to grow your business through targeting a larger marketplace, but also, and most importantly, to reap the advantages and benefits of a registered company in offshore. 

offshore company

You might even have some hesitations regarding company incorporation in offshore.

Below is some information which will help you in putting aside your fears and learning about the large number of benefits available to you:

Offshore company formation: advantages which onshore companies usually can’t offer!

Offshore advantages

• One of the offshore advantages is that the company’s formation is trouble-free and cost valuable course of action. In countries like the Seychelles and British Virgin Islands it doesn’t take more than 3 days and a few thousand dollars to set up a new company. You know the time consuming procedure in your home state!

• The offshore company service providers consist of everything in their offerings: from the registration of your offshore company to the support you will need to run the company in an effective method.

• Another offshore advantage is the privacy and confidentiality which you can never get in your own country.

• Particularly the best countries offshore company proprietor is not required to file his personal documents with some governmental authority and even in case if it’s required, it is very minimal. Mostly, the personal documents are only filed through the corporate service provider.

• Incorporation in other countries also protects you from the dreadfulness of legalized issues that you might have to face in your country due to an adversary or some personal jealousy, since the lawsuit procedure is cumbersome and costly.

• Another great offshore advantage that you get when you set up greatest countries offshore company is to enjoy the tax free haven! Yes, tax free haven means NO TAXES!

• There are many countries like Seychelles, British Virgin Islands, Dubai and Mauritius where when you set up offshore company you will not be charged any taxes. Such countries have international free trade zones and usually charge a very minimal annual amount of the offshore companies.

• There is no obligation to have more than one director of the offshore company.

• Also there is no need to have any board of directors meeting or officially file monetary results. This is another offshore advantage.

• Another offshore advantage is when you set up offshore company not only do you get the officially permitted and monetary benefits, you can also get advantage from the splendid beauty of offshore countries.

• Most offshore company tax havens have a very constant political and law & order situation.

· Can protect and separate high-risk investments from other more secure holdings is another offshore advantage.

· Another offshore advantage is that to protect retreat funds from potential bankruptcy.

· Nominee directors and officers can accept you to carry out business transactions for your advantage while you remain anonymous is another offshore advantage

Also An International Business corporation established in a well reputed jurisdiction fabricates a positive reflection to customers, suppliers, investors and banks.

It is feasible to open corporate bank accounts all over the world to maintain offshore company formation. Many foremost banks offer corporate bank account services. Performing business and carry out banking transactions in the name of an officially permitted entity provides momentous privacy benefits.

Another offshore advantage is having an entrée to a money market for offshore companies and financier. Holding a currency other than the currency of your own countryside decreases hazard of currency devaluation, and if well chosen, can contribute considerably to the net yield.

Regardless of whether you put in domestic or offshore funds, you must be a qualified investor.

The idea of a “qualified investor” is somebody who has the cleverness to recognize the risks they are undertaking in investing in a fund. All jurisdictions we know of both offshore and domestic have some minimum prerequisites to make sure that all its investors are “qualified”.

 

Tips On Overcoming Your Fear Of General Dentistry

There are a large number of people who are afraid of dentists and general dentistry practices. Many of these people have gone to a family dentistry clinic in the past where they felt some pain, and this has scarred them. Unfortunately there are dentist in family dentistry practices that are not good with children, these dental workers wind up making people afraid to see dentist in the future.  

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Some people have never been actually injured by a dental procedure, but are still terrified of the thought of going to see a dentist. When people are afraid of the dentist they postpone their dental visits and this causes them to suffer increased amounts of tooth pain, and damage. If you fear visits to the dentist then there are some things that you can do to help overcome these fears.

• Make an appointment with a family dentistry office for a simple meet and greet. Go into the office and get familiar with the staff, the way they do things, the layout of the clinic, and you will be more comfortable when you need to make an appointment to have dental work done
• Explain to the dentist about your fears and they will give you something to calm your nerves before a procedure
• See the dentist more often. When you only see the dentist because you are in pain then you associate pain with dental procedures. If you make appointments and see the dentist for regular cleanings and check-ups then you will be less afraid because you will know that the dentist chair does not always signify pain
• Take someone with you when you go to the dentist so that you feel secure. Take a family member, or friend that makes you feel safe so you will not feel like you are alone at the office. Tell the receptionist that you want your friend or family member to go back with you when the dentist is ready to see you.
• Have the dentist allow you to touch the instruments they will be using. If you can touch the drill, then you will feel it and will have less fear of it
• Wear earphones and listen to music while the dentist works on your mouth. Tell the dentist that you will be doing this so they can get your attention if they need to ask you a question, but listening to music you like can relax you and help reduce the amount of fear you are in

General dentistry deals with tooth extractions, cleanings, fillings, cavities, and many other dental procedures. This is the most frequently visited type of dental clinic, and more people going into one of these clinics are afraid in comparison to people going to see a cosmetic dentist, or an orthodontist.

Part of conquering fear is accepting that you are afraid, and confronting that fear. You have to take a deep breath and tell yourself that you will not allow the fear of the dentist to run your life and ruin your dental health.

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Qualities To Look For In A Good House Painter

Remodeling and upgrading a home is necessary to maintain property values. Nevertheless, it is never easy to attempt such a project, especially when you lack the time or skills. 

Community Painting Pals

While these may seem like compelling reasons to put such an immense project off, they are not. Instead of delaying the inevitable, why not hire one of the qualified Salt Lake City painters you can easily find in the Yellow Pages, or on online directories?
When you are looking for an excellent painter, keep the following guidelines in mind. These simple rules will lead you to one of the best Salt Lake City painters you could ever wish for.

1. Only hire a painter with a contractor’s license.

2. Always request current recommendations and references.

3. The only Salt Lake City painters you should consider should have a long business history.

4. Ask for written estimates so prices are fixed and easy to compare to bids from other competitors.

5. What painting methods will the crew be using? If you are unfamiliar with the terminology, write
everything down so you can check things out later on. Ask questions until you fully understand the entire process.

6. Keep an eye on punctuality and communications. You want your painter to always arrive on time. He should contact you immediately when delays occur. Communication is important to prevent mistakes. You should be informed about all the actions your painter takes, so you know that he is following your instructions. The last thing you need when dealing with stressful renovations is red walls when they should have been green.

 

 

Online Poker Betting Strategies

Thousands of men and women from different corners of the world have taken up online poker playing in the past several years. Most analysts agree that the number of people who regularly participate in online poker will double within the coming couple of years.  

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Perhaps you have started playing online poker. If so, you likely are interested in some tips that will assist you in bettering your game. 

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When all is said and done, one of the most important aspects of online poker is betting and betting properly. If you are new to online poker playing, if you are new to playing poker generally, you may have yet to master the ins and outs of betting in a proper manner.

Through this article, you are presented with some basic online poker betting strategies. Armed with these strategies and tips, you will be better prepared to enter successfully into the world of competitive online poker playing.

In this article, we also have some suggested resources that you can take advantage of to assist you in developing solid poker betting strategies.

Bet with Confidence

As experienced poker players understand, there is an element of bluffing that is vital to mastering the game. The element of chance that exists in poker playing — online and in the brick and mortar world — involves the cards that you actually are dealt. However, the element of chance is offset by your ability to bluff your way through a less than ideal hand.

You need to be aware when you are playing online poker or poker in the brick and mortar world that your opponents are observing and paying attention to what you do and what you do not do during the course of play. Your opponents will pay close attention to the way you bet to see if they can tell from the way you are betting what kind of hand you are holding.

As a result, it is important for you always to place your bet with confidence. You need to bet with confidence whether or not you have a good hand or not. By betting confidently in all situations, you will be able — at times — to foil or fool your opponents who may in fact have a better hand. They may fold based on your bet alone.

Watch Your “Body Language” Even Online

Even people who have never played the game of poker have heard of the term “poker face.” A typical dictionary definition of “poker face” is:

“a face without any interpretable expression (as that of a good poker player) …”

Remembering that other players are paying attention to how you bet — whether you are playing poker in the brick and mortar world or online. Therefore, when you are playing poker online you need to follow the same routine each time you place a bet. If you are involved in an Internet based poker game that includes player to player interaction, do not let on that you are hesitating or having a problem deciding what you will be betting on a given hand. (In the brick and mortar world you would make certain that your body language does not reveal anything about your hand as you go about the process of placing your bet.)

Change Up Your Betting

When it comes to placing bets during a poker game online, you will want to change up your betting as your go along. In other words, you will want to bluff and stagger the amount of money you are placing on the table as the game moves onward.

Successful online poker players keep their opponents guessing as to what their bets actually may or may not mean. One strategy that can be employed to confuse opponents is changing up bets as the game progresses and moves ahead.

Study Betting Techniques

Before you actually log on and participate in a game of online poker, take the time to study different time tested poker betting techniques. In this day and age there are a number of different books that are available on the market today that provide information on different types of poker betting techniques.

There are books for novices and there are books for more experienced poker players as well. These materials, these texts can be found at any major bookseller in the brick and mortar world. In addition, there are a number of different websites in operation on the Internet and World Wide Web that offer an array of different poker resource materials.

Consider a Class in Poker Strategy

Another avenue that you might want to consider when you are trying to develop useful poker playing and poker betting strategies is the taking of a class in poker strategy. Because of the ever increasing number of men and women who are taking up playing online poker there are a growing number of different courses or classes that are being offered online when it comes to poker playing strategies, including betting.

For the most part, these online classes charge only a nominal fee. In the end, by entering into one of these poker playing and poker betting strategy programs or classes you will be in a far better position to map out a strong routine for future poker play.

Software Programs

In addition to books and classes there are now some useful software programs that can assist a person in bettering his or her poker playing abilities. Many of these software programs also provide useful information and strategies pertaining to betting.

A good number of these software programs are interactive. In other words, these programs will analyze your hand and make suggestions to you regarding what type of bet would be appropriate.

Conclusion

In the end, by following some of the strategies recommended in this article and by using some of the resources suggested, you will be well on your way to online poker playing success. Indeed, you may even find yourself winning more online poker games as you move along. You may even find yourself enjoying success in online poker tournament play as well.

 

Attraction Marketing – The Key To Exploding Your Business With Ease

You may have heard of attraction marketing but never really understood what this term meant or you have tried applying attraction marketing but haven’t seen any real results from your efforts, well today I want to explain to you in detail how to apply attraction marketing to your business. 

attraction marketing

Once you understand and apply attraction marketing to every piece of marketing that you do you will have people coming to you asking about your business opportunity, how do you think your business would look then?

Attraction Marketing Concept

The concept behind attraction marketing comes down to leading with value instead of leading with your business opportunity, position yourself as a leader, as some who can show them exactly how to have success in this industry because ultimately people join people they do not join companies unless the stars are perfectly aligned and the company is the perfect fit for that specific person.

It is only natural for humans to seek leadership and it has been this way ever since the birth of the human race, in the early years people looked towards the alpha male to ensure them shelter, food, safety, etc well this human nature is still very much alive in every single human being today so you can apply this very principle to your business and basically create a following of people who look to you for guidance on how to create success in this industry.

When you were looking for a company to join did you ever find yourself looking for someone who has already created success in that company? I’m sure you have… They call that sponsor shopping, your goal is to be that sponsor that people are shopping for so you want to market yourself instead of marketing your business opportunity.

Attraction Marketing Myth

The most common myth about attraction marketing is that people think they have to be a complete expert at everything and have made a million dollars in order to be a leader but this couldn’t be further from the truth and I will tell you why.

If you have generated a lead online or offline I can guarantee that there are a butt load of people that haven’t generated a lead, if you have generated 10, 25, 50+ leads per day I can guarantee that there is a butt load of people that haven’t accomplished that kind of lead flow, If you have sponsored your first person into your company then I can guarantee that there is a butt load of people that haven’t sponsored a single person, if you have had your first 5 figure day then I can guarantee that yes you guessed it a butt load of people haven’t even made a dollar in their network marketing company.

As soon as you have accomplished any results in your business you can then position yourself as a leader to the people that haven’t achieved those results yet, A leader leads by example so if you really want to be a great leader then invest in developing your skill sets, take massive action and turn around and teach what works for you to others that are struggling.

The Attraction Marketing Business Model

Now you understand that the concept behind attraction marketing is basically personal branding and that you don’t have to be highly successful to position yourself as a leader so now I want to lay out a blueprint for applying attraction marketing to your business.

Marketing –

When you are marketing you need to be leading with value and lead with how you can help your prospect to market online, generate leads, create capture pages, create sales funnels etc you get the idea but you HAVE to lead with VALUE.

Personal Capture Page –

You want to use a capture page that has a video or picture of you to get your prospects familiar with you which basically starts the relationship with your prospects, where I see a lot of people going wrong here is they just use the default capture page that their company supplied them which doesn’t brand you it brands that company.

Email Auto responder (Sales Funnel) –

Once you have captured their details you then follow up and build a relationship with your prospects by dripping emails on them over time that contain links to your personal blog, Facebook, Twitter, training, videos, marketing products that has to be of high VALUE and by doing this your prospects get to know, like and trust you.

People buy from people that they know, like and trust so if you are looking to sponsor people into your network marketing company then applying attraction marketing is the ONLY way to build a business.

Does Attraction Marketing Really Work?

Every single successful person in this industry has applied attraction marketing in order to grow their network marketing businesses with ease and if you want to take your business to the next level attraction marketing is the key!

 

Setting Up a Singapore Company

The International Finance Corporation’s Ease of Doing Business 2010 listed Singapore as the leading economy in employing workers and trading across borders. Many years before globalization re-defined trading, Singapore has already displayed its business potential among the international business consortia.  

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Its strategic location, impressive infrastructure, ready access to international and domestic transportation, and natural seaport that is known to be one of the world’s largest are all poised to make Singapore the perfect destination for entrepreneurs.

Setting up a Singapore company can be accomplished in five ways, namely as a Sole Proprietorship, Partnership, Limited Liability Partnership, Limited Partnership and a new Company.

Sole Proprietorship. Regarded as the simplest form of business structure, a Sole Proprietorship has one owner, who gains full authority and control over the business’ management, profits, losses, liabilities, and assets.

It is not given recognition as a legal entity. Thus, a Sole Proprietorship enterprise cannot engage in any lawsuit whether as the plaintiff or respondent. Nor can it acquire possessions and assets as the sole proprietor retains absolute ownership.
Any profits gained while on business operations are regarded as personal income of the proprietor and are hence, subject to a personal income tax. Nonetheless, on the bright side, it exempts the owner from filing tax returns with ACRA and from conducting audits.

Partnership. Owned by more than one proprietor or a company, a Partnership in Singapore is a business firm that allows a minimum of 2 proprietors and 20 at maximum. Each partner acquires an implied power that entitles him or her to act in behalf of his or her partners.

Like the Sole Proprietorship, the Partnership is not regarded as a legal entity, and thus, accorded with its due limitations and exemptions. Nonetheless, all partners can be held liable for the loss sustained by another partner.

When it comes to profits, it follows the pattern of a Sole Proprietorship, wherein, the income forms a part of the personal income of each partner, and is therefore subjected to personal income tax.

Limited Liability Partnership. In Limited Liability Partnership, the partners are protected against personal liability for certain partnership liabilities, as far as personal assets are concerned. Nevertheless, partners are accountable for debts and losses arising from their own unwise decisions.

Considered as a legal entity, the LLP can directly sue or be sued and its business name can procure assets and properties and retain their ownership.

To form a Limited Liability Partnership in Singapore, a minimum of 2 partners is required. There is no maximum limit of maintaining partners with LLP.

When it comes to tax, each partner is taxed according to his or her share of income incurred by the LLP, if the partner is an individual. However, should the partner is another company, its income acquired from LLP is taxed at a corporate level.

Limited Partnership. To form a Limited Partnership in Singapore, there should be a minimum of two partners-one acting as a General Partner, while the other the Limited Partner. The General Partner manages the LP and features unlimited personal liability, including debts and obligations of the LP.

On the other hand, the Limited Partner is accountable within the range of his or her investments, yet, he or she enjoys the right to the cash flow of the LP.

The LP can only exist through a registration of a new Limited Partnership enterprise in Singapore. An existing business enterprise or Limited Liability Partnership cannot be converted into a Limited Partnership. Also, it is not entitled to a legal status.

When it comes to taxation, the rules applied to a Limited Liability Partnership hold true in Limited Partnership Company. Based on Chapter 50 of Companies Act of Singapore, a company is a business firm registered as Private Limited by shares.

Unlike a few business structures, the Company is recognized as a legal entity, whereby, its owners are called Shareholders; and among the Shareholders, a Resident Director is appointed as head of the company in Singapore and who is deemed to be above 21 years old from the time of his appointment and maintains a Singaporean citizenship or Permanent Residence.

Regardless of the nature of business, establishing a company in Singapore needs to consider the following rules:

* Anybody or any company can register at Company Registrar in Singapore based on the nature of the business, i.e. sole proprietorship, limited partnership.

* With the exception of a Company, all four other types of business firms must appoint at least one local manager if all proprietors and or partners do not have ordinary residence in Singapore-such as Singaporean citizenship and Singaporean Permanent Residence.

For foreigners to be appointed as the local manager or sole proprietor, an issuance of Entrepass, Employment Pass, and Dependent Pass is required.

When an entrepreneur has already decided which type of business enterprise he or she would like to engage in Singapore, the Registration of the business process shall commence.

 

 

How to Find Effective Letting Agency Fire Safety Services

Letting agency fire safety services are basically those agencies that are hired by several property owners in finding a suitable tenant for them. Besides that, these agencies also make sure that the concerned property should comply with all the fire safety guidelines as set by the government. 

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So because of their important functions there are perceived as very important agencies for the several property owners. If you happen to be a property owner and looking for one such agency then this article will be quite helpful for you. In this article we have mentioned certain important factors that you should always keep in mind to get hold of an efficient letting agency. 

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Duties before the tenancy

Before the property is handed over to the tenant the agencies should thoroughly check the safety of the different gas appliances of the property. They should make sure that the concerned property is fully complying with the latest Gas Safety Regulations that has been implemented by the government.

Similarly, the agency should also check the electrical appliances of the property before it is being handed over to the tenants. They should make sure that the electrical appliances should be safe to use and its wiring is also properly carried out.

For fire safety reason the agency should carry out the Portable Appliance Testing, also known as PAT, every year. Also they need to get the installations of the different electrical appliances of the property examined by a professional electrician after every five years to ensure that it is continuing to be safe and secure.

Prior to the tenancy, the Letting agency fire safety services should also examine the conditions and placing of the furniture of the property. They should make sure that the concerned property is completely complying with the furniture and furnishing Regulations of the country. They should make sure that the placing of the furniture in the property will not result in causing fire and will also not provide a hindrance for the people in escaping the house in the event of fire.

Checking the legality of the property

Besides checking the several fire-safety measures of the property the letting agency should also check the legality of the property. They have to ensure that the concerned property is duly registered with the local government authority and the property is managed as per the Housing Act of the government. The property owners are also expected to corporate in this regard by furnishing the right legal details of the property to the Letting agency fire safety services.