Offshore firms are much like international owned resident corporations in Singapore. They also can have international shareholders and each the shareholder and director can reside overseas. Nonetheless, in this case though the offshore firm is required to keep up no less than one native director, their companies or products are marketed in an abroad market and never inside Singapore. Offshore companies have their owners reside abroad and also have their enterprise actions abroad. The moment they attempt to cater to the native Singapore market, they might be treated as a resident company and the laws for native corporations can be utilized.
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