If you are planning to set up a new company, it is advisable to seek help from professional advisors. There are several service providers who will be able to help you in understanding the various necessary aspects regarding starting a new organization. These service providers work with expert professionals who have years of experience in this field. Thus, they are aware of and are well equipped with every important detail of formation of a company Singapore, its registration and all such similar factors which must be taken into consideration. The most popular business entity is a Private Limited Company. This is the most preferred form because it provides with a separate status and legal entity. Apart from that, it also has its own ease and advantages of formation. So, what are the features which must be taken care of while its formation and your service provider will help you in? Below is a list that will help you in understanding some of these facts: * All Private Limited Companies will have the words “Pte. Ltd.” in its name. It is an important part of the name of your company. This is basically the abbreviation for the words Private Limited. * Next comes the eligibility regarding the ownership of the company. Irrespective of your local or foreign origin, you can be an owner or shareholder of a Private Limited Company. * If you are a shareholder, you will only have liabilities only towards the subscribed shares. * Your company can attain and hold any property under its name. It can also use a common seal. Any sort of legal activities can be performed under its name. * A Private Limited Company requires to have a minimum of one shareholder and the maximum should not be...

According to a new report revealed by The Ministry of Trade and Industry (MTI) has revealed that after the economical review of the first quarter, the economy of Singapore has witnessed a tremendous growth in the year 2010 and 2011. The report also declared that, this growth is persistent and will leave a positive impact on the employment rate of the place and will help foreign companies to start new businesses in Singapore. Thanks to the advancement of technology, globalization has helped foreign businesses to invest in Singapore. Over the last couple of years, there has been a large number of business owners and investors looking forward to utilize this huge opportunity to make profit by setting up overseas branches, representative offices, and subsidiaries in Singapore. If you were planning for a company incorporation, Singapore has to be the ideal place for you. Incorporation means to form a new corporate firm in a foreign country. It is basically a procedure by which you need to register the name and logo of your company to get the legal permission to do business in Singapore. Remember, in today’s expanding economic market, incorporation has a lot of benefits. The first one is of course, your assets will be in stocks that will be owned by the public. So, the risks of failure decrease as you hold a comparatively less personal liability. This will also help you if someone or an organization files a lawsuit against your company. You also get the chance to save a lot of money on income taxes you pay for your business and can avoid the risk of getting bankrupted. However, before you incorporate your company, it is essential to know the processes properly to avoid any kind of hassles in the future....