{"id":332,"date":"2021-03-30T11:20:08","date_gmt":"2021-03-30T03:20:08","guid":{"rendered":"https:\/\/mcmillanwoods.com.sg\/?p=332"},"modified":"2021-05-07T22:57:35","modified_gmt":"2021-05-07T14:57:35","slug":"5-business-structures","status":"publish","type":"post","link":"https:\/\/mcmillanwoods.com.sg\/5-business-structures\/","title":{"rendered":"5 Popular Business Structures In Singapore"},"content":{"rendered":"\n
Did you know that out of 190 countries, Singapore has been ranked by World Bank<\/a> in the top 3 countries to conduct business locally? Regardless of business structure, setting up a business in Singapore is simple, efficient and fast. The corporate compliance rules are straightforward and easy to follow. <\/p>\n\n\n\n Singapore\u2019s corporate tax policies are also pro-market and the tax benefits extend to companies owned by foreigners. There are open ownership rules and minimal control on currency movement. Foreigners are able to own 100% of the stocks of a company incorporated in Singapore without the need to have local shareholders or partners. <\/p>\n\n\n\n Overall, Singapore is the preferred location for business owners and\/ or entrepreneurs who want to launch their business. However, you would need to think about the business structure before incorporating a company<\/a>. There are many factors to take into consideration before choosing the right business structure for your company. <\/p>\n\n\n\n