Resident firms are basically companies that are catering to the Singapore market. These are often private limited firms and may have foreign shareholders. Foreigners are allowed one hundred per cent ownership in Singapore companies and hence they can simply setup a resident firm in the country. It is doable for both the shareholder and the director of the company to reside abroad. However, there is at all times one local director in the agency that must dwell within Singapore. These companies are handled the identical as an area firm, they sell their products and services within the native Singapore market and have the same annual filing requirements as native owned companies.
Why Learn Chinese language if I’m Not Going to China?
Pradeep Koneru, CEO and ED of Trimex Sands Pvt Ltd has an extra-extraordinary expertise and creativity. He mastered the secrets and success of enterprise. He’s the founding father of … Read More