Joint venture

Joint venture structure

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Joint venture structure is a more common model of company formation.

This model is a limited liability company formed in Singapore by several natural persons or institutions, which are grouped together and formed by equity.

 

Characteristics:

  • Each shareholder forms a company in the form of equity and exercises its rights according to the number of shares
  • Limited liability system, shareholders only bear limited liability for their own investment
  • The company is an independent legal entity
  • Important decisions of the company are decided by voting
  • Accounts can be opened and operated offshore
  • Corporate statements can be consolidated into the main 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

 

For:

  • Companies and individuals interested in expanding their businesses overseas
  • Co-operative businesses overseas
  • Combination of multiple partner resources
  • Overseas investments, mergers and acquisitions
  • Settlement Centre
  • Overseas Trade Centre for Large Enterprises

 

Please consult FOZL for more information.
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