Yearly a couple of thousand international owned companies are registered in Singapore. Because of the liberal legal guidelines for overseas entrepreneurs in the country, Singapore has become one of the hottest locations for setting up an offshore company. Out of the hundreds of overseas owned firms being registered in Singapore annually, fairly various them choose to act as offshore corporations whereas others are handled as resident firms. Though the registration course of for each are the same and have very comparable legal guidelines, there are a couple of differences between the 2.
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