Various types of Business Entity in Singapore

When setting up a business, one of the first decisions that has to be made is which vehicle is most appropriate. Often, this decision will be determined by tax considerations, the rules or regulations that apply to particular types of business, the views of your investors, banks and lenders, the market in which you plan to operate, and who you plan to be in business with.

What are the different types of Business Entity in Singapore?

Sole-Proprietorship
Partnership
Singapore Private Limited Company
Companies Limited by Guarantee
Limited Liability Partnership (LLP)
Society
Charities
Public Company

Establishing a Foreign Branch Office in Singapore

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.