Connect with us
DAPA Banner
DAPA Coin
DAPA
COIN PAYMENT ASSET
PRIVACY · BLOCKDAG · HOMOMORPHIC ENCRYPTION · RUST
ElGamal Encrypted MINE DAPA
🚫 GENESIS SOLD OUT
DAPAPAY COMING

Business

How Foreign Investors Should Structure Company Formation in Singapore

Published

on

How Foreign Investors Should Structure Company Formation in Singapore

Foreign investors must secure ACRA name approval, determine paid-up capital, adopt a company constitution, and consider trademarks and operational requirements for establishing a company in Singapore.

Core Requirements for Foreign Investors Setting Up in Singapore

Foreign investors looking to establish a company in Singapore need to meet three key requirements before proceeding with registration. These include obtaining approval for the company name from the Accounting and Corporate Regulatory Authority (ACRA), deciding on an appropriate paid-up capital structure, and adopting a company constitution that aligns with ownership and operational goals. Each step ensures compliance with Singapore’s legal and regulatory framework, facilitating smooth company registration and operation.

Importance of Name Approval and Industry Regulations

ACRA reviews proposed company names to ensure they are not identical, similar, misleading, or offensive. Names associated with regulated sectors like banking, finance, or media may require additional approval, potentially extending processing times from hours to weeks. Once approved, the name can be reserved for 120 days, giving investors time to finalize their business plans within the reserved period.

Trademark and Operational Considerations for Foreign Businesses

For foreign brands expanding to Singapore, aligning trademarks with the company name is critical. Even after ACRA approval, conflicts with existing trademarks could lead to legal issues. Assessing whether to replicate the overseas brand, operate as a holding entity, or establish a distinct commercial identity helps avoid potential commercial or legal complications and ensures operational compatibility with licensing and market needs.

Advertisement


Read the original article : How Foreign Investors Should Structure Company Formation in Singapore

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Narendra Modi has his eyes set on boosting business: Joao Cravinho, EU Ambassador

Published

on

ET Logo
While the world’s democratic superpower was maintaining armslength from Narendra Modi (then Gujarat Chief Minister in 2012-13), Europe led by an European Union delegation in India was quietly engaging with the BJP leader nearly two years before the Lok Sabha elections. In fact, Ambassador Joao Cravinho, head of the EU delegation, led Ambassadors of various European countries to a quiet lunch with Modi at the capital last year. And in the runup to the polls, he even travelled across India to get a sense of the probable outcome and interacted with all players cutting across the political spectrum, something foreign envoys seldom do. In an interview with ET, Ambassador Cravinho described India’s new Prime Minister as a man with clarity of thought who has a clear vision for India and governance. The Ambassador feels that EU member states have the potential to drive Modi’s economic diplomacy and help boost India’s economic health.

How do you view this victory of Narendra Modi and the BJP? And how will it impact the Indian economy?

We want India to do well. This election has ensured that there’s political stability for the next five years. A decisive leadership would mean tougher decisions, and no good governance is possible without tough decisions. The BJP-led NDA has a clear mandate to take bold and innovative decisions. International politics is not about zero-sum game and while India would economically engage other powers, EU has the potential to drive growth in India. EU is already the single biggest trading partner as a bloc, and is the single largest source of FDI for India as a bloc. We are ready to meet India’s needs in the fields of technology and funds.

You have interacted with Modi when he was the Gujarat Chief Minister. How do you rate him as a leader of modern India?

Advertisement

As a former Secretary of State for Foreign Affairs and Cooperation of Portugal, I had interacted with various leaders worldwide and I can say that Mr Modi is among the best. He has clarity of thought and clear vision of governance and that’s what India requires. He also has a very clear understanding of the challenges before the country. He is a good listener as well as a good talker and can engage in enriching discussions. No Prime Minister would like to have communal strife on his record, and I am certain that he would not allow any communal tensions in India. His priority is to boost the economy and he has his eyes set on that.

Where do India-EU relations go from here? What are the priority areas for India-EU and what’s the future of Free Trade Agreement that’s being negotiated for many years now?