Corporate governance in Singapore Singapore has based its corporate governance system on the Anglo-American pattern. Corporate governance in Singapore is based on capital market control and managerial behavior. The main regulatory framework companies rely on when conducting business operation, naming managers, shareholders and their rights is the Singapore Companies Act adopted in 1990. According to the Companies…
Applying for a residence permit in Singapore Singapore provides many investment opportunities for foreign investors but also employment possibilities for foreign citizens. Foreign citizens can become Singapore permanent residents (SPRs) by applying for an entry permit. Foreign citizens that can obtain a residence permit in Singapore are spouses and minor children of citizens, parents of Singapore…
The share capital of a Singapore company refers to the sum of money invested in the business in order to carry out its undertakings. According to Chapter 50 in the Singapore Companies Act the share capital of a company is subject to alterations such as increases or decreases if certain conditions are satisfied. The shares of a…
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 and minimum requirements. As…
Foreign investors coming to Singapore can start various types of companies, however, not every business opportunity is a success, and, in such cases, the owners are required to terminate their operations. This is procedure is called company liquidation and can be completed voluntarily or compulsory, based on the reasons to wind it up. Liquidation in…
The business environment in Singapore Singapore is one of the most developed cities in the world thus attracting many new foreign investors each year. The country offers a stable business environment for both local and foreign enterprisers interested in expanding or opening new companies in Singapore. Accounting is a very important part when conducting a company…
We have shelf companies available in Singapore as these are a popular alternative to setting up a new company. The main advantage of the registered or shelf company or ready-made, as many people refer to it, is the fact that being registered it does not need to go through the whole incorporation procedure. If…
Singapore is one of the most appealing business destinations in Southeast Asia as many investors from all over the world choose it to open companies in. In order to domiciliate their companies here, however, they need local addresses. Quick Facts Address availability (YES/NO) Yes Local phone number (YES/NO) Yes Company registered…
Singapore has put all its economic efforts into attracting foreign direct investments (FDIs) and creating a suitable trade environment. All its strategies have turned Singapore in one of the easiest cities in the world to do business in. Among these strategies, one can find the advantageous loans for foreign investors, the tax incentives and exemptions, the pro-business legislation and the…
Why set up a business in Singapore? Singapore is situated at the crossroad of the West and the East and was declared the easiest city in the world to do business in. For 14 years now, Singapore is ranked the second city in terms of foreign investment possibilities provided for businessmen. Its labor force is considered…
