Our collection of resources based on what we have learned on the ground
Resources
Q&A
What criteria must be met by foreign investors to set up a trading company in Ch...
- March 2013
- Free Access
The foreign investor should meet the following criteria: Has a good reputation Has not committed any acts in violation of Chinese laws, administrative rules or regulations Can meet the required ratio between registered capital and total investme...
Q&A
What is ASEAN?
- January 2013
- Free Access
ASEAN is an acronym for the Association of Southeast Asian Nations. The Association is founded in 1967 and is comprised of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. In recent years, the regi...
Q&A
What is Regional Comprehensive Economic Partnership?
- January 2013
- Free Access
Regional Comprehensive Economic Partnership (RCEP) scheme includes ASEAN bloc, China, India, Japan, South Korea, Australia and New Zealand. The aim of this partnership is, when being implemented, to lower customs duties and trade barriers between the...
Q&A
Why is Singapore a good base for Asia expansion?
- January 2013
- Free Access
There are mainly three reasons: Singaporean companies enjoy a low tax rate of 17 percent. There will be no tax payable on dividends earned externally from its borders. It is also possible to operate a Singaporean company as a “shelf” ...
Q&A
What are the requirements for foreign persons to set up companies in Singapore?
- January 2013
- Free Access
Since Singapore does not allow foreign persons to register directly for a company, a professional service firm must be engaged to register on behalf of companies with non-Singapore National Registration Identity Card holders, non-Employment Pass hold...
Q&A
Are there any tax incentive programs in Singapore?
- January 2013
- Free Access
There are a number of these programs, such as Global Trader Program, HQ Program and incentives under Productivity and Innovation Credit Scheme. These are all programs aiming to draw in or encourage investment in Singapore.
Q&A
How does the tax incentive program operate in Singapore?
- January 2013
- Free Access
Take one example, the incentives under Productivity and Innovation Credit Scheme – businesses can get cash payout or a 400 percent tax deduction or allowance on expenditure of up to SG$ 400,000 on each of the following six activities: Purcha...
Q&A
Is share capital required under Singaporean law?
- January 2013
- Free Access
The minimum paid-up capital (equivalent to share capital) is S$1 and the amount of this capital can be increased anytime after the incorporation of the company.
Q&A
What is a registered address for setting Singaporean company?
- January 2013
- Free Access
A physical address in Singapore (be that residential or commercial) must be provided as the registered address of the company. All premises must be approved for business use by the Urban Redevelopment Authority. However, a P.O. box cannot be used as ...
Q&A
How long does it take to register a company in Singapore?
- January 2013
- Free Access
Given that company registration can also be done through the online platform with Accounting and Corporate Regulatory Authority, it normallyt takes 1 to 2 days. If the application for registration shall be subject to reviews and approvals by other de...
Q&A
What should be disclosed during an annual general meeting in Singapore?
- January 2013
- Free Access
Directors of the company must disclose a true and fair view of the profit and loss accounts of the company to the shareholders. These accounts presented should be made up to a date not more than 6 months before the annual general meeting. For private...
Q&A
How will the new regulatory changes impact to Singaporean company law?
- January 2013
- Free Access
The recent regulatory changes are aiming to reducing regulatory burdens, compliance costs, providing greater flexibility to companies, improving corporate governance and bringing benefits to various stakeholder groups. These regulatory amendments are...
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