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ONLINE BUSINESS LICENSING SERVICE (OBLS) ALLOWS
80% OF ALL START-UPS TO APPLY FOR THE LICENCES NEEDED TO START THEIR
BUSINESSES
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69 licences
from 19 Government agencies can now be applied online through the Online
Business Licensing Service – OBLS (accessible via www.business.gov.sg/licences).
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It allows 80%
of all start-ups, or close to 30,000 businesses annually, to apply for the
licences needed to start their businesses without resorting to offline means.
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For instance,
businesses in the Public Entertainment, Education, Import and Export, Food
& Beverage and Telecommunications sectors will be able to apply for the
necessary licences through this one-stop e-Service.
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The OBLS seeks
to provide a one-stop convenience for businesses operating in
Singapore
by reducing the burden and hassle that they face in
obtaining licences. It was launched in January 2004 with 20 licences available
for online application. To date, more than 4,000 online applications have been
made.
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Using the OBLS, businesses would
only need to fill in one single form to apply for multiple licences, instead
of a series of forms.
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A consolidated payment mechanism
allows for one-time payment for multiple licence fees, eliminating the need to
make separate payments. In addition, businesses are provided with a
comprehensive list of regulatory requirements which match the licences needed
for their business activities.
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With these features, the OBLS
enables businesses to enjoy time and cost savings when transacting with the
Government agencies from their desktops, anytime and anywhere.
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As a natural
extension to the online application service, the OBLS would soon allow
businesses to update, renew and terminate their licence applications online as
well.
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Throughout the
entire business licensing cycle, businesses would only need to access a single
portal to meet all their licensing needs in future.
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For information
on other business related matters such as Business Opportunities in
Singapore
, Business Incentives, Taxation and Legal issues, visit www.business.gov.sg.
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Source: Ministry
of Trade & Industry Press Release 12 Oct 2004
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One-stop business licensing service launched
