Company Limited by Guarantee
In Singapore, forming a Company Limited by Guarantee (CLG) is a simple and cost-effective process. For foreign nationals or entities in the city, starting a CLG is one of the most popular options for a non-profit organisation. CLGs are not suited for members seeking a return on their assets through distributions such as dividends because […]
Foreign Companies in Singapore: Subsidiary, Branch Office, and Representative Office
In Asia, Singapore flaunts a reputation as a lucrative business hub and strategic gateway for foreign companies who wish to establish or consolidate their business in the region. While its strategic location, conducive environment, and highly developed infrastructure attract many foreign investors, the country has much more to offer. One of the best reasons to […]
Types of Local Public Companies in Singapore
In a world brought together by technology and fast transportation, businessmen and investors are always looking for new ventures and investment options. A market that has time and time again proven to be quite the successful market in Singapore. And while part of the success can be attributed to the taxation structure and the geographical […]
Establishing a Singapore-based Exempt Private Company
An Exempt Private Company, commonly called EPC, is a private limited company with 20 members or fewer. Generally, shares of an EPC are not beneficial to any other corporate entities. If you are looking to invest in Singapore, setting up an EPC may be a good idea. In this article, you will learn why EPCs […]
What is ACRA and Its Functions?
The Accounting & Corporate Regulatory Authority of Singapore (ACRA) takes care of the registration process for business entities in Singapore. In Singapore, ACRA is also known as the Registrar of Companies. Both of these terms are used interchangeably for the same entity. The merger of the Public Accountants’ Board with the Registry of Companies and […]
All About Private Limited Companies in Singapore
When embarking on your journey to set up a business in the booming South East Asian business hub, Singapore, it is important to choose the right corporate structure. It will determine your chances of success in the country and how quickly your business will grow. Most entrepreneurs choose to operate a private limited company. For, […]
A Detailed Overview of Limited Liability Partnerships in Singapore
A limited liability partnership, commonly known as LLP, refers to a partnership entity incorporated with two or more partners. One of Singapore’s most commonly chosen business structures, this type of business offers immense flexibility to owners. This partnership entity protects co-partners from having to bear financial consequences of gross negligence and misconduct of other partners. […]
All About Partnership Businesses: General & Limited Partnership
A partnership is a formal arrangement and agreement between two or more parties who wish to pursue a specific business activity. Ideally, the mutual expectation of any partnership is to earn profit. The involved parties or individuals in the partnership choose to bring together their assets, skills, and resources. For this reason, all parties have […]
All About Sole Proprietorship
In Singapore, forming a sole proprietorship is one way to benefit from the country’s diverse business ecosystem. And as it turns out, this is a popular option, especially now that entrepreneurs from all over the world are flocking to Singapore to join the party. Some praise the low cost of forming a sole proprietorship in […]
Should You Convert Your Sole Proprietorship or LLP to a Private Limited Company?
It is wise to convert your sole proprietorship or Limited Liability Partnership (LLP) to a Singapore private limited company. Other than helping you expand your business, it limits your liability risk, protects your assets, helps you attract investors, enjoys corporate tax incentives and draws high-quality talent’s attention. While it is always advisable to choose the […]
