Limited Partnership vs Limited Liability Partnership

Apr 21

Limited Partnership vs Limited Liability Partnership

Limited Partnership or LP A Limited Partnership (LP) is comprised of at least one General Partner and at least one Limited Partner. This is a business vehicle introduced by ACRA in 2009. Pros and Cons of Limited Partnership A corporate body can act as a Limited Partner or General Partner Liability of Limited Partner is restricted to...

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Comparison between Sole Proprietorship and General Partnership

Apr 12

Comparison between Sole Proprietorship and General Partnership

Do you want to know the difference between Sole Proprietorship and General Partnership? Sole Proprietor A Sole Proprietorship is a registered business owned by one person or one company. This is a good option for an entrepreneur to start lean. Case study – Sole Proprietorship   Ana Liew, a Singapore Permanent Resident, is a home baker specialising...

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Comparison on legal structures for Singapore startups

Apr 05

Comparison on legal structures for Singapore startups

Compare available company structures in Singapore suitable for startups If you are considering to set up your company in Singapore, we have outlined below the best legal structure for your startup. We are looking into the following business types: Sole proprietorship Partnerships or General Partnerships Limited Partnership Limited Liability Partnership Company or Private Limited Company   Scroll...

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Solved! : Remittances into and out of India for purchase of shares

Feb 15

Solved! : Remittances into and out of India for purchase of shares

The Foreign Exchange Management Act (FEMA) by the Reserve Bank of India, is applicable to all money going into, and coming out of India since India imposes capital controls. By contrast, Singapore does not restrict capital coming in or going out and so does not have a strict FEMA equivalent. Given the capital control regime of the...

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