The business is a legal entity, distinct and separate from its directors and shareholders. In Singapore, there are two types of companies such as private and public companies. The public companies are listed on the Singapore SGX and typically have more than 50 members. The private companies are not listed on the SGX and have only a maximum of 50 members. The owners of the companies are also known as shareholders. The shareholders then appoint directors to manage the company. The directors must of a resident in Singapore. According to the Singapore Companies Act, any person must be above the age of 18 years. The 注册新加坡公司 is so easy and simple which only takes few minutes.
Why need to incorporate a company
Unlike the partnerships, the company owners have limited liability. The businesses are divided and separate legal entities from their owners. Hence the business owners are not personally …