Asiabizservices Offers Affordable Singapore Company Registration Services
As tourism develops and businesses continues to proliferate, Singapore is increasingly known for her
business-friendly policy with regards to taxation and ownership especially to...
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Asiabizservices Offers Affordable Singapore Company Registration Services
As tourism develops and businesses continues to proliferate, Singapore is increasingly known for her
business-friendly policy with regards to taxation and ownership especially to foreigners.
“Two notable business structures are the private limited company and limited liability partnership,” says
one of Asiabiz Services’ business consultants, “both structures are cloaked with their own legal
existence.
”
Maintaining their own legal personality, both these structures have their own distinct way of protecting
their owners.
“In a private limited company, the shareholders and investors are protected from financial accountability
except the unpaid shares that they maintain,” The business consultant adds, “if a shareholder has paid all
his shares in the company, then no more liability can be said of him.
”
In a limited liability partnership, each partner is responsible for his own decision.
The consequences
cannot af
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