Intellectual Property Center

The structure of intellectual property centres is a kind of intangible asset holding structure.

This model means that an individual or institution, in the form of a sole proprietorship or joint venture, establishes an offshore company in a third country (e.g. BVI, Cayman Islands, Samoa, etc.), then sets up a wholly-owned or joint venture company in Singapore, and uses that company to hold intellectual property.

For example, trademark rights, patents, copyrights, etc.

Characteristics:

• Both the company and the asset structure are offshore holdings
• Intellectual property rights are protected by Singapore’s intellectual property law
• Strong intellectual property rights in the international community
• The application process is fast in Singapore
• Limited liability system, shareholders only bear limited liability for their own investment
• The company is an independent legal person
• Accounts can be opened and operated offshore
• Easy to manage the company
• Enjoy Singapore’s tax policy
• Shareholder dividends are not taxed twice
• Exemption from audit if at least two conditions are met
  • The annual turnover of the company is less than S$10 million
  • The total assets of the company are less than S$10 million
  • The number of employees in the company is less than 50

Applicable to:

• Holding intellectual property
• Cross-border paid authorization
• Intellectual property protection
• Global Simultaneous application for intellectual property rights
• Internationalization of the enterprise

Please consult FOZL for more information.