Responsive table

Accounting and tax considerationsTax resident LLCTax exempt LLCFast solution LLCFree zone LLCPLCLLPRepresentative officeBranch officeTrust
Must file an annual tax return?YesYesYesYesYesNoNoYesNo
Access to double taxation treaties?YesNoYesYesYesYesNoYesNo
This entity enjoys Government incentives?YesNoYesYesYesYesNoYesNo
Company registrationTax resident LLCTax exempt LLCFast solution LLCFree zone LLCPLCLLPRepresentative officeBranch officeTrust
Minimum number of shareholders/partners?111112Parent companyParent company0
Maximum shareholding for foreigners?11111111None
Minimum number of directors/managers?11111111None
Minimum statutory paid up share capital?US$1US$1US$1US$1US$1US$1NoneNoneNone
Shelf companies available?YesYesYesNoYesNoNoNoNo
Time to incorporate a new entity?1 week1 week1 week1 week1 week1 week1 week1 weekNone
Can easily convert to a PLC?YesNoYesNoYesNoNoNoNo
Public register of shareholders and directors?YesYesYesYesYesYesYesYesNo
Can have preference shareholders?YesYesNoNoYesNoNoNoNo
Business considerationsTax resident LLCTax exempt LLCFast solution LLCFree zone LLCPLCLLPRepresentative officeBranch officeTrust
Can invoice customers in your company name?YesYesYesYesYesYesYesYesNo
Restrictions on nature of business activitiesNoYesNoYesNoNoYesNoYes
Company can hire local staff?YesNoYesYesYesYesYesYesNo
Maximum number of staff allowed?No limitNo limitNo limitNo limitNo limitNo limitNo limitNo limitNone
Good entity for trademark registration?YesYesYesYesYesNoNoNoNo
Can secure an import and export license?YesNoYesYesYesYesNoYesNo
Other useful information 
What will be included in my customer sales invoice?(click link)
This country has signed free trade agreements?Yes
This country is a member of WIPO/TRIPS?Yes
This country is a member of the ICSID?Yes
Average customs duties suffered?0
Government foreign investment approval required?No
Average monthly office rental? (US$ 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