Singapore Subsidiary Company: A Business Formation for Foreign Entrepreneurs
Most business registration firms believe that a Singapore subsidiary company is the most ideal for
foreign entrepreneurs who want to setup a Singapore company with its countless of...
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Singapore Subsidiary Company: A Business Formation for Foreign Entrepreneurs
Most business registration firms believe that a Singapore subsidiary company is the most ideal for
foreign entrepreneurs who want to setup a Singapore company with its countless of benefits
especially in terms of taxes and limited liabilities on business-related losses and debts.
According to Asiabiz Services, the leading Singapore business solutions provider, a subsidiary
company is essentially a private limited company incorporated in the city-state which happens to be
owned by foreign businessmen instead of local residents.
One of the advantages of this business entity is that it is treated like a local company which means
that it is eligible for tax benefits and exemptions.
With this consideration, it has become one of the
most preferred legal business formations in Singapore to date.
(Note: A foreign company is allowed to be the 100 percent shareholder of its subsidiary company and
still enjoy tax ben
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