Private limited company Singapore advantages.

Private limited co Singapore advantages.

Singapore Private limited company advantages.

Singapore Private limited co advantages.

Pte Ltd company Singapore advantages.

Pte Ltd co Singapore advantages.

Singapore Pte Ltd company advantages.

Singapore Pte Ltd co advantages.

Private limited company in Singapore advantages.

Pte Ltd company in Singapore advantages.

Pte Ltd co in Singapore advantages.

Pte Ltd in Singapore advantages.

Advantages / Pros of Pte Ltd (Private Limited Company):

• Separate legal entityfrom members and directors, which means that members and directors are not personally liable for the losses and debts incurred
• Easier to obtain fundingduring start-up years and also eligible for government funded micro loans offered by local banks
• Succession of Company is perpetual, until they are struck off or wound up
• From the Year of Assessment 2020:Your company is required to pay the tax at 4.25% on the Net Profit for the first SGD100,000/-, whereas at 8.5% and 17% for the next SGD100,000/- and beyond first SGD200,000/- respectively effective from the Year of Assessment 2020.
• Singapore companies do not have to pay taxes on capital gains or dividends.
• And many more.

Click here to learn more about Singapore Private Limited Company by Shares.