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A public company limited by shares is a locally incorporated company where the number of shareholders can be more than 50. The company may raise capital by offering shares and debentures to the public. A public company must register a prospectus with the Monetary Authority of Singapore before making any public offer of shares and debentures.
Foreign entrepreneurs who wish to establish their company and reside in Singapore, have two options to choose from, Entrepass and Employment pass. Each one has its own advantage in terms of ease of approval, processing period and mandatory requirements.
If however you don't plan to move to Singapore but just need to setup a Singapore company, you will need to retain our nominee director service because at least one director has to be a local resident director.
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Comparison : Employment Pass versus Entrepass
Setting up a Singapore Company - A start up Guide for Foreign Entrepreneurs
Singapore Residents can register a private limited company and other business entities in Singapore.
Most entrepreneurs prefer to register a private limited company due to the zero corporate tax advantage for new setups and its limited liability protection.
Singapore Residents means i.e. Singaporean/ Singapore Permanent Residence (PR)/ Singapore Entrepass, Singapore Employment Pass & Dependant Pass Holder
Establishing a Foreign Branch Office - Foreign companies may set up branches in Singapore, but for tax reasons most prefer to set up a subsidiary. The Companies Act governs the procedures for acquiring or establishing a company, branch or subsidiary.
RO –Representative Office
Foreign Companies can also set up representative office with the following conditions: The Representative office must not engage in any business or contracts, and it may not open or negotiate letters of credit—it can only serve as a promotional and liaison office.
An Employment Pass is required for any of your foreign personnel /officer (including director) who wishes to be relocated to Singapore and be employed by the Singapore entity.
Alternatively, you may use our nominee director/nominee agent service to meet with the statutory requirements.
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Subsidiary Company in Singapore
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