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Ameek Singh
Mar 18, 2025
In General Discussions
Acquiring a shelf company in Singapore is a straightforward process, offering businesses a quick way to establish a legal presence in the country. A shelf company is a pre-registered company that has been set up but has not conducted any business activities. Here's how you can acquire one: 1. Choose a Service Provider: Begin by selecting a reputable corporate service provider or law firm in Singapore that offers shelf company acquisition services. Ensure they have experience in helping foreign investors navigate local regulations. 2. Due Diligence: Conduct due diligence to ensure the shelf company you choose meets your business requirements. Verify the company’s compliance status, including any legal obligations, unpaid taxes, and the current directors and shareholders. 3. Select Your Shelf Company: Once you have completed your due diligence, choose the company that best fits your needs. Some providers offer different types of shelf companies, such as those with an established history or those that are completely clean. 4. Transfer Ownership: After choosing a company, you will need to complete the ownership transfer process. This involves appointing new directors, shareholders, and a company secretary, if necessary. 5. Update Company Information: Finally, update the company’s records with ACRA (Accounting and Corporate Regulatory Authority) to reflect the new ownership and structure. Acquiring a shelf company can help you fast-track your business setup, giving you an immediate corporate presence in Singapore. However, it’s important to ensure all the legal and compliance requirements are thoroughly addressed.
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Ameek Singh
Jan 27, 2025
In General Discussions
Dubai offers significant tax benefits, including no personal income tax, corporate tax (in some cases), and a wide range of free zones with tax exemptions and 100% foreign ownership. This makes it an attractive destination for businesses looking to minimize costs. Before a company formation in Dubai, it’s crucial to choose the right business structure to comply with local laws and maximize operational benefits. The main eligible business structures include: 1. Limited Liability Company (LLC): This is the most common structure for foreign entrepreneurs. It requires a local sponsor who holds 51% of the company’s shares, while the foreign investor retains 49%. LLCs are ideal for those looking to operate within the UAE mainland. 2. Free Zone Company: Dubai has numerous free zones offering 100% foreign ownership, no import/export duties, and tax exemptions. These zones are perfect for businesses targeting international markets. However, they typically restrict operations to outside the UAE market. 3. Offshore Company: Offshore companies are best for investors looking for tax optimization, asset protection, or global expansion. These companies are not allowed to conduct business within the UAE but are ideal for holding assets or international trade. 4. Branch Office: Foreign companies can establish a branch office in Dubai, allowing them to operate directly in the market without the need for a local partner. The parent company must maintain full responsibility for the branch’s liabilities. Choosing the right structure depends on your business goals, market focus, and operational needs. Consulting with a local business expert can streamline the registration process and ensure compliance.
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Ameek Singh

Ameek Singh

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