Purchasing a Company in Singapore

A presentation brought to you by Lawyers-Singapore.com

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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.

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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.

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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.

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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.

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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. 

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>> 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.

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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.

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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.

 

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