How to Choose the Business Entity in Singapore
When you have decided to opt for company registration in Singapore, your next step should be to choose the right business entity to do so. This is not a decision that you can do in a hurry as there are a number of components to it. They are as follows: · The extent of liabilities in the case of loss · Compliance requirements · Ease of scaling the business · Tax liability of the business · Ease of transfer of ownership You need to select the business structure that will fulfill the present and future needs of the company. A wrong choice can affect viability, credibility, branding, and growth of your business. Business Structure available to Individuals Individual business owners can start their business as a, · ...