Singapore is well known as an international business hub and is an excellent choice for aspiring entrepreneurs to start their business ventures. This globally connected, multicultural and cosmopolitan Country offers the most conducive environment to virtually every industry. International Corporations find it to be the most compelling option to locate their Regional headquarters in Singapore. Strong trade and investment policies make Singapore, one of the most competitive and growth friendly nations among all Asian countries. Singapore based companies can tap the diverse capital markets and cutting-edge financial services from more than 500 local and foreign financial institutions in Singapore. The Private Limited Company (“Pte Ltd Company”) is the most common form of business entity in Singapore.

The popularity of a Private Limited Company is primarily due to the following key characteristics of a Company:

• ● It has its own legal identity, which means that it has the right to own assets, and it can sue and be sued in its own name
• ● Shareholders are not accountable for the company’s debts beyond the amount of total share capital contributed
• ● It gives both suppliers and customers a sense of confidence. Many companies, particularly large corporations or statutory authorities, will not deal with an entity that’s not a limited company
• ● A Private Limited Company is generally viewed by the public to convey more trust and credibility, compared to other forms of business entities