The Pte Ltd or the private limited company is among the most popular business forms in Singapore.
The registration of a private limited company in Singapore is performed with the Accounting and Corporate Regulatory Authority.
The characteristics of private limited companies in Singapore include, as the name suggests, limited liability for the founders and the advantage of having a separate legal entity.
Foreign enterprisers deciding to open a small company in Singapore usually start with a sole proprietorship which is the simplest form of doing business in the city-state.
The limited liability company (LLC) is one of the preferred forms of doing business in Singapore. It offers many advantages, from a convenient degree of liability for founders to certain tax exemptions or incentives, depending on the type of business.