10 lakh and Rs. If you apply for exemption, the exemption will last for at least 3 years, unless your turnover exceeds €20,000. The first one, i.e., Home-Based Small Scale Business Scheme generally refers to any home based business. An industrial unit can be categorized as a small- scale unit if it fulfils the capital investment limit fixed by the Government of India for the small-scale sector. Thankfully, setting up your home  business in Singapore isn’t such a difficult feat with all the different schemes available just like the Home-Based Small Scale Business Scheme. The business activities conducted should not: Cause any nuisance or adversely affect your neighbours’ living environment or cause any nuisance (e.g. The Dos and Dons of Starting a Home Based Business in Singapore The business owner should not need to leave the house in order to run the business 2. Actually, […] * Massage services are not allowed in HDB flats. Tutoring. 5. Not only will you be making a profit out of your business, but you will be able to tap into your creative side as well. Sign up with us today and we’ll take care of the rest. Oops! Beauty services including hairdressing, manicure, and pedicure, Freelance creative services including photography, writing, or design work, Your flat must be for residential use only and cannot be registered as a business address, Physical or paid advertising for the business is not allowed (e.g. 25 Lakhs, a collateral is not needed. We develop public housing to provide Singaporeans with affordable, quality homes, and a better living environment. Customer Care (24*7)08081308899, 05226673786Calling Number. But being a tried and tested idea does improve its chances of emerging as a successful future business especially in larger cities where tailoring services are in high demand. One area of consideration to take note of is the amount of space you will need in your home for all your logistical needs. Something went wrong, please try again. This scheme provides bank loans between Rs. Baking on a small scale; Hairdressing, beauty, manicure, or pedicure services* Private tuition for not more than 3 students at a time; Sewing services If you want to quit your job and start small business, here is 11 Small Home based business ideas. This scheme enables you to carry out small scale home-based activities to supplement your household income, without requiring HDB’s approval. Your submission has been received! This idea is great for professionals in the creative and education industries, or simply any sector that can provide a specific service for their customers. There are two types of home office schemes available. • Comply with the Home-based Small Scale Business Scheme Guidelines stated by HDB and URA. Loans of up to Rs. Under this scheme the government provides with financial assistance for funding organic farms, organic fertilizers, bio-fertilizers and commercial production. In order to start this business, you need sewing machine and skill set for making a dress. A home-based business is described as small scale businesses which include sewing or baking from home. • Do not keep any pets (such as dogs, cats, etc.) Focusing on nurturing a strong family and community spirit, public housing policies and schemes are formulated to meet changing needs and aspirations. When starting a home based small business, don’t think it’s any easier or faster to “make money”. 18. Food are not to be sold to retail food establishments or to/at temporary fairs, as these premises are to prepare the food in their licensed premises or obtain food from approved sources. Sign up for our Lunar New Year promotion →. Under the #HDB and #URA Home-Based Small Scale Business Scheme, you can run a small-scale baking biz from your home without "kneading" to apply for any licences. In case of SSI (Small Scale Industries), up to an amount of Rs. The home based small scale business scheme is for those who want to carry out a small scale business to supplement their income such as baking beauty services sewing services and private tuition. This ranges from enjoying flexible working hours, spending less time on your commute, and having the freedom to grow your business at your own pace. Apr 19, 2017 - Our Home-Based Small Scale Business Scheme is ideal to help you run a small business from home to supplement your household income. Typically NCSBS in India includes street vendors, small repair shop owners, small scale industries and traditional artisans. The Home-Based Small Scale Business Scheme allows aspiring entrepreneurs in Singapore to carry out small scale home-based business activities in order to supplement your household income. Small-scale Indian businesses act as the pillar of this growth by supporting employment and economic development of the country. Something went wrong while submitting the form. This scheme covers home-based activities such as: One of the biggest benefits of this scheme is that you don’t need a license or approval from HDB or URA in order to operate. If you're planning to set up your own home-based food business, you don't have to apply for a license. Whether you are buying, selling, or already living in an HDB flat, everything you need to know about residential properties is housed here. 66. If your business activity or its scale grows to an extent that inconveniences your neighbours and creates disamenities, we will ask that you stop the activity, and relocate it to a retail or industrial space. For individuals who wish to make the shift from working at a corporate job to becoming their own boss, selling your service or expertise can be a great way to start. More than homes, our HDB towns are vibrant places to enjoy to the fullest. Home based business are low cost and easy to implement. 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