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Purchasing a Company in Singapore
A presentation brought to you by Lawyers-Singapore.com
1
Ways of Starting a Business in Singapore
• Singapore has turned into an attractive destination for foreign investors due to the flexible regulatory framework and the incentives it offers to foreign enterprisers.
• The main ways of starting a business in Singapore is by opening a new company or by purchasing an existing one.
2
Types of Companies to be Bought in Singapore
• The shelf company is the most popular type of structure one can buy in Singapore.
• Foreign businessmen may also purchase a Singapore company with its assets or only the shares in a company, through merger or acquisition deals.
3
Shelf Companies in Singapore
• Shelf companies are previously registered businesses and put on a shelf, hence the name.
• Also, the re-registration procedure of a ready-made company is quite simple in Singapore.
4
How to Purchase a Singapore Shelf Company
• Even if registered under a certain form, shelf companies in Singapore may be re-registered as private or public limited liability companies as desired by the enterpriser.
• Our Singapore law firm ca help foreign investors purchase shelf companies in the city-state.
5
Re-Registration of Shelf Companies in Singapore >>
• The re-registration of shelf companies in Singapore is a simple and forward process, especially when left into the hands of Singapore lawyers.
• Once the investor has chosen the suitable type of Singapore company and established the purchase details, the sale-purchase contract will be drafted in order for the transfer of ownership to be completed.
6
>> Re-Registration of Shelf Companies in Singapore
• Once the transfer has taken place, the new owner may choose the modifications he or she wants to bring to the company.
• According to the Singapore Companies Act, one may change the name, the management structure and the registered office as long as they will notify the Companies Register.
7
Advantages of Buying a Company in Singapore
• The main advantages of purchasing an already incorporated company in Singapore is the time one can save with the registration procedure.
• As the reputation of a company is very important, foreign businessmen may incorporate the history of their company in the Singapore shelf company.
• Incorporating a shelf company may also prove beneficial if contracting a loan with the Singapore bank.
8
Assistance in Purchasing a Company in Singapore
• Our legal services imply business consulting regarding all types of companies that can be registered and purchased in Singapore.
• Our lawyers in Singapore will assist you in purchasing a shelf company or setting up a new business.
9
Thank you for your attention!
For more information, please contact us at:
+ 852 8191 3385
www.lawyers-singapore.com10