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…
Foreign investors have several possibilities for registering companies in Singapore. Among these, they can set up subsidiaries, branch offices, or representative offices. A subsidiary is usually registered as a private limited liability in Singapore with a foreign company as a shareholder. For many small and medium-size foreign companies, the subsidiary…
Singapore is aiming to become one of the biggest financial centers in Asia-Pacific by providing tax incentives to foreign companies establishing in the city-state. Not only do foreign investors benefit from tax incentives, but for those setting up holding companies in Singapore the process will take about three days only…
Foreign entrepreneurs are attracted by the investment possibilities they have and also by the flexibility of choosing the type of company they want to open in Singapore. Under the Singapore Company Act foreign investors can register one of the following types of business entities: companies, partnerships. Foreign investors wanting to…
We are experts in the opening of Singapore companies with foreign shareholding structures. For more information on the procedures, please see below. Quick Facts What are the types of companies available for registration in Singapore? - sole proprietorship, - general partnership, - limited partnership, - private limited liability company,…
Costs of living when relocating to Singapore When relocating to Singapore, one of the biggest concerns is the living costs. Singapore addresses both average and high net worth individuals, as salaries are competitive and relocation facilities are given to those working within certain companies in the city-state. Expatriates may also…
Setting up a private limited liability company (Pte LTD) in Singapore comes with several advantages, which can be discovered below. If you are interested in a quick registration procedure, our local consultants are at your disposal with tailored LTD incorporation solutions. Quick Facts Applicable legislation The PTE LTD falls under…
