Asiabizservices Assists Foreigners Form a Singapore Company
There are a number of ways that foreigners form a Singapore company.
They can register a new
company with limited liability as the most attractive or incorporate an offshore company with options...
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Asiabizservices Assists Foreigners Form a Singapore Company
There are a number of ways that foreigners form a Singapore company.
They can register a new
company with limited liability as the most attractive or incorporate an offshore company with options
such as a representative, subsidiary, and branch offices.
“In Singapore, the limited liability is the most common structure,” says a representative of
Asiabizservices, a company accredited by ACRA to handle the company registration and
processing of other requirements for compliance, “it is accorded with a separate legal status
enabling it to pursue transactions such as entering into contracts, acquiring assets and profits in its
name and incur debts and losses.
”
The compositions of a Singapore private limited company are a minimum of a shareholder, a
director, and a company secretary with a capital paid-up set at S$1 minimum amount.
Foreigners ought to appoint a local resident director who shall exercise executorial powers in beha
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