9 BENEFITS OF STARTING A BUSINESS IN SINGAPORE

type of business structures in singapore
Sole Proprietorship Limited Liability Partnership Private Limited Company
(most suitable for Foreigners)
Minimum 1 Owner Minimum 2 Partners Minimum 1 Shareholder (100% foreign shareholding allowed)
Suitable for Resident Individuals Suitable for Professional Firms Suitable for Businesses with projected growth
Advantage:
Low Cost Business Setup
Advantage:
Low cost set-up with Limited Liability Protection
Advantages:
  • Limited Liability Protection.
  • Eligible for Tax Exemptions
compliance requirements for a pte ltd company