Responsive table

Accounting and tax considerations Tax resident LLC Tax exempt LLC Fast solution LLC Free zone LLC PLC LLP Representative office Branch office Trust
Must file an annual tax return? Yes Yes Yes Yes Yes No No Yes No
Access to double taxation treaties? Yes No Yes Yes Yes Yes No Yes No
This entity enjoys Government incentives? Yes No Yes Yes Yes Yes No Yes No
Company registration Tax resident LLC Tax exempt LLC Fast solution LLC Free zone LLC PLC LLP Representative office Branch office Trust
Minimum number of shareholders/partners? 1 1 1 1 1 2 Parent company Parent company 0
Maximum shareholding for foreigners? 1 1 1 1 1 1 1 1 None
Minimum number of directors/managers? 1 1 1 1 1 1 1 1 None
Minimum statutory paid up share capital? US$1 US$1 US$1 US$1 US$1 US$1 None None None
Shelf companies available? Yes Yes Yes No Yes No No No No
Time to incorporate a new entity? 1 week 1 week 1 week 1 week 1 week 1 week 1 week 1 week None
Can easily convert to a PLC? Yes No Yes No Yes No No No No
Public register of shareholders and directors? Yes Yes Yes Yes Yes Yes Yes Yes No
Can have preference shareholders? Yes Yes No No Yes No No No No
Business considerations Tax resident LLC Tax exempt LLC Fast solution LLC Free zone LLC PLC LLP Representative office Branch office Trust
Can invoice customers in your company name? Yes Yes Yes Yes Yes Yes Yes Yes No
Restrictions on nature of business activities No Yes No Yes No No Yes No Yes
Company can hire local staff? Yes No Yes Yes Yes Yes Yes Yes No
Maximum number of staff allowed? No limit No limit No limit No limit No limit No limit No limit No limit None
Good entity for trademark registration? Yes Yes Yes Yes Yes No No No No
Can secure an import and export license? Yes No Yes Yes Yes Yes No Yes No

Other useful information
What will be included in my customer sales invoice? (click link)
This country has signed free trade agreements? Yes
This country is a member of WIPO/TRIPS? Yes
This country is a member of the ICSID? Yes
Average customs duties suffered? 0
Government foreign investment approval required? No
Average monthly office rental? (US$ per sq m) 37
Minimum statutory annual salary? None
Average monthly US$ salary for local skilled employees? US$3,800
S$ deposit interest rate? (1 year average) 0.004
US$ deposit interest rate? (1 year average) 0.001
Overseas remittance currency controls? None
Banking considerations
Multi-currency bank accounts available? Yes
Corporate visa debit cards available? No
Quality of e-banking platform? Excellent
Crowd funding available in this country? Yes