Disadvantages of Pte Ltd (Private Limited Company) in Singapore.

Disadvantages / Cons of Pte Ltd (Private Limited Company):

• Higher registration cost and also costly to maintain
• More compliance obligations (e.g., a company secretary has to be appointed within 6 months of the company’s incorporation)
• Annual General Meeting has to be conducted
• Annual Return filing with the Authority
• Estimated Chargeable Income and Corporate Tax to be filed
• Limitation in Fund Raising compare to Public Company

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