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 – September 2019

  • Saudi Arabia and Bahrain lead FDI inflow in Gulf region
  • DMCC partners with DED to introduce dual licensing scheme
  • DIFC introduces new Employment Law
  • RAKEZ Business Women Package – Inspiring female entrepreneurship
  • UAE relaxes foreign ownership restrictions and introduces substance requirements
  • UAE ratifies the Multilateral BEPS Convention

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