Singapore
With sound economic principles, a pro-business environment, and a strong regulatory and supervisory framework, Singapore is a popular jurisdiction for those wanting to take advantage of Asia Pacific’s huge growth potential. The country’s extensive international network of trade and tax agreements make it a premier global finance hub.
- Foreign companies & entrepreneurs that are keen on exploring the viability of doing business in Singapore will be required to incorporate a Singapore company as legal entities with the Accounting and Corporate Regulatory Authority (ACRA), Singapore.
- Intrasia Corporate Services Pte Ltd provide services to assist with the setting up of structures in Singapore. Our international partners are given the opportunity to access access countries with whom Singapore have treaties.
Features
- Type of entity: Resident/Non-Resident
- Type of law: Common
- Double taxation treaty access: Yes
Restrictions
- Generally, no restrictions except for financial services, education, media related or other politically sensitive businesses.
Powers Of Company
- A company incorporated in Singapore has the same powers as a natural person.
Directors
- A minimum of one (for both individual and corporate shareholders), who must be a Singapore resident individual.
Shareholders
- A minimum of one shareholder is required. Shareholders may be corporations or individuals. 100% foreign ownership is allowed.