Foreign companies doing business in Singapore are required to appoint fiscal representatives for GST purposes. Also known as tax agents, they are usually accountants or other specialists who can assist in GST compliance matters. Below, our specialists in setting up companies in Singapore explain what a fiscal representative does and…
A Singapore company limited by guarantee (CLG) is an enterprise used to carry out non-profit activities. Even so, it falls under the provisions of the Company Act, which means it is a corporate entity that must go through registration as any other type of domestic business. Below, our experts in…
Social enterprises and B corporations in Singapore are the main types of legal entities that can be created for undertaking activities that focus on social and environmental welfare. Each business form has its own setup requirements as they are governed by different organizational bodies. As such, if you are interested…
The 1966 Societies Act is the main law under which it is possible to establish societies in Singapore. According to it, these are corporate or non-corporate entities created for various purposes and not registered under other regulations. They can take the form of clubs, partnerships, associations, or companies with at…
The Singapore Variable Capital Companies Act, which went into effect in 2020, provides for the variable capital company (VCC). This is a new corporate form for the creation of investment funds, but it can also be used for wealth management purposes. Below, our company registration agents explain how to open…