Singapore Residents
As a Singapore Resident or Corporation, you can register a private limited company, sole proprietorship, or LLP in Singapore. In practice, most entrepreneurs choose to register a private limited company due to its limited liability protection and start-up tax exemptions.
Tax Exemption Scheme for New Start-up Companies. Learn More
Option 1
Private Limited Company
A Private Limited company an entity incorporated with limited liabilities. It is distinct from the shareholders and has a separate legal persona, which entitles it to own properties and remain perpetual unless dissolved. Private Limited Company is the most common type of entity among small and medium-sized enterprises. This type of entity has the name of the venture that includes the term ‘Private Limited’ or ‘Pte Ltd’. Singapore citizens, residents, Employment Pass holders can incorporate a company.
Private Limited Company Setup |
Option 2
Sole Proprietorship / Singapore Partnerships
A Sole Proprietorship or Partnership is suitable for small businesses that have negligible or no risks. It is owned by one person who is the decisive authority and owner of all assets and liabilities belonging to the business; therefore, sole proprietorship may be the simplest business setup but it is also the riskiest.
Sole Proprietorship / Partnerships Setup |
Option 3
Limited Liability Partnership
A Limited Liability Partnership (LLP) is a perfect blend of a partnership with private limited company setup. LLP gives owners the flexibility of operating as a partnership while having a separate legal identity like a private limited company. There must be a minimum of 2 partners and no cap on the maximum number of partners in a LLP.
Limited Liability Partnership (LLP) Setup |
AsiaBiz is Singapore leading one stop corporate solution provider, specialising in company incorporation, accounting, tax, immigration and related Singapore business services. AsiaBiz has a dedicated team to handle all your company incorporation and work pass needs. We handle all paper work proficiently and guide you through every step of the application so that your case is presented flawlessly to the work pass department. Handing over your case to us will save your time and cost, while we help you avoid errors and oversight, our past expertise can maximize the success potential of your immigration applications.
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