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The Singapore Companies Act requires every registered Singapore Corporation to have at least one shareholder. This shareholder may either be a shareholder or a corporation or not necessarily be a resident of Singapore. Thus, a shareholder in Singapore may either be a Singapore citizen, a permanent resident or a holder of an employment pass or […]
The Singapore Companies Act requires every registered Singapore Corporation to have at least one shareholder. This shareholder may either be a shareholder or a corporation or not necessarily be a resident of Singapore. Thus, a shareholder in Singapore may either be a Singapore citizen, a permanent resident or a holder of an employment pass or […]
Personal income tax rates in Singapore are one of the lowest in the world. In order to determine the Singapore income tax liability of an individual, you need to first determine the tax residency and amount of chargeable income and then apply the progressive tax rate to it. Key points of Singapore income tax for […]
The most common type of business registered in Singapore is the Private Limited Company because this kind of business structure assures potential for growth through tax incentives and exemptions as well as guarantees protection of the personal assets of shareholders. Here we’ve provided extensive information – from the registration process to post-incorporation compliance requirements – […]
As required by the Singapore Companies Act, all Singapore Private Limited companies must have at least one shareholder, resident director and company secretary. Moreover, the resident director and company secretary are required to either be Singapore citizens or permanent residents, holders of employment Pass / EntrePass / Dependant’s Pass. However, if you find it difficult […]
