Subsidiary Company

Singapore allows 100% foreign ownership in companies. Therefore a foreign company may incorporate a local limited liability company in Singapore and own 100% of the shareholding. It is treated as a resident company and entitled to Singapore tax benefits. A subsidiary is considered a separate legal entity. The foreign company’s liability is limited to the share capital it has subscribed.

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Middle East Focus – May 2019

  • FDI surge in Dubai driven by high-tech and innovative businesses
  • Abu Dhabi permits foreigners to own freehold properties in investment areas
  • UAE/Saudi Arabia double tax treaty comes into force

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Sovereign Trust (Gibraltar) Limited
Tel: +350 200 76173