Reading Time: 8 minutesChoosing a business structure that suits your enterprise is one of the most important decisions you will make in starting a business. The type of structures that business owners choose are varied. In Singapore, companies are the most popular form of business structure. In 2017, there were approximately 310,000 active foreign and local companies in […]
Which Business Structure Should You Choose? Company, Partnership or Sole Proprietorship?
Reading Time: 9 minutesIn 2016, 64,937 new businesses were set up in Singapore. Of these, many were probably small-medium enterprises (SMEs) – businesses that have annual sales of not more than S$100 million, or employ less than 200 workers. Indeed, the Singapore Government recently recognised that SMEs, making up 99% of businesses, are at the heart of the […]