+- Bandar Iklan Forum - Pasang Iklan Gratis, Freebet, Nonton Gratis (https://forum.bandariklan.com)
+-- Forum: Pusat Bandar Iklan (https://forum.bandariklan.com/forumdisplay.php?fid=1)
+--- Forum: First Post (https://forum.bandariklan.com/forumdisplay.php?fid=2)
+--- Thread: Types of LLC Registration in Singapore (/showthread.php?tid=402519)
Types of LLC Registration in Singapore - rohitsingh - 10-12-2024
An LLC (Limited Liability Company) is a type of business structure that combines elements of both a corporation and a partnership. It offers the limited liability protection of a corporation, meaning the owners (members) are not personally liable for the company’s debts or liabilities beyond their investment in the company. In Singapore, there are several types of Limited Liability Company (LLC) registrations available for businesses, each catering to different business needs and structures. The main types include:
- Private Limited Company (Pte Ltd): This is the most common form of LLC registration in Singapore. A Private Limited Company is a separate legal entity from its owners, offering limited liability protection to shareholders. It can have between 1 to 50 shareholders and is ideal for small to medium-sized businesses. This structure is preferred for foreign entrepreneurs looking to establish a presence in Singapore due to its flexibility and tax benefits.
- Public Company (Ltd): A Public Company is a company that can offer its shares to the public, either through the Singapore Exchange (SGX) or privately. It must have at least 50 shareholders and meet stricter regulatory requirements than a Private Limited Company. Public Companies are typically larger organizations with substantial capital requirements.
- Company Limited by Guarantee (CLG): This type of company is typically used by non-profit organizations, charities, and other social enterprises. It does not have shareholders but instead has members who guarantee a specified amount to cover liabilities in the event of liquidation. CLGs are often formed to promote charitable or public interests.
- Exempt Private Company (EPC): An Exempt Private Company is a type of Private Limited Company that qualifies for certain exemptions under Singapore law. It must have no more than 20 shareholders, and its shares cannot be publicly traded. EPCs enjoy simpler reporting requirements compared to other company types, making them ideal for small businesses with limited investors.