Political stability, pro-business environment and favorable tax benefits are the key reasons why entrepreneurs from around the world prefer to incorporate startups companies in Singapore.
Our experts will be guiding you through the complete process of forming a company in Singapore and ensure that you set up the type of company suitable for your business requirements while operating within the laws of Singapore.
A company is a business entity registered under the Companies Act, Chapter 50. It has a legal personality i.e. it has rights to own properties, has perpetual succession and can sue or be sued in its own name. It usually has the words ‘Pte Ltd’ or ‘Ltd’ as part of its name.
A sole-proprietorship is a business owned by one person or one company. There are no partners. The sole-proprietor has absolute say in the running of the business.
A partnership is a business firm formed by two to twenty partners. Once there are more than twenty partners, the partnership must be registered as a company under the Companies Act, Cap. 50.