Why Form a Singapore Private Limited Company
Rikvin, a reliable Singapore company registration firm explains the advantages of
forming a Singapore Private Limited Company.
The discussion was for the purpose
of providing a guide for entrepreneurs in...
More
Why Form a Singapore Private Limited Company
Rikvin, a reliable Singapore company registration firm explains the advantages of
forming a Singapore Private Limited Company.
The discussion was for the purpose
of providing a guide for entrepreneurs in choosing the type of business to establish
and also for the purpose of helping them form a Singapore company or incorporate a
Singapore company.
Private Limited Company is a type of private company limited by shares and
registered with Accounting & Corporate Regulatory Authority (ACRA) under the
Singapore Companies Act.
A Singapore Private Limited Company has a separate
legal entity from its shareholders, and therefore they are not liable for the debts and
losses of the company.
“An incorporated Private Limited Company in Singapore is the most popular business
entity available through ACRA,” Rikvin said.
Some of the common features of a Private Limited Company include a legal entity
separate and distinct from its shareholders and direct
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