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Setting up a Holding company in Singapore

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Minke
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Setting up a Holding company in Singapore

Postby Minke » Tue, 21 Jul 2009 12:36 am

Does anyone know if there is any specific difference between setting up a Pte Ltd and a holding company in Singapore? Is holding company just considered as a Pte Ltd meaning that same rules apply for a holding company? I have already set up Pte Ltd here and now planning to set up a holding company here as well, transfer shares from foreign company to Singapore holding company. Thanks

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Strong Eagle
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Postby Strong Eagle » Tue, 21 Jul 2009 7:21 am

It's just another company in terms of set up. You transfer your shares into the holding company.

Reporting requirements are different in that you must present consolidated books for all the companies held by the holding company.

Minke
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Postby Minke » Fri, 24 Jul 2009 1:49 pm

Thanks Strong Eagle. Further to my earlier questions:

1- May a non resident own one or more holding company(s)?
2- May a singapore registered holding company own shares outside singapore?
3- What are the rules regarding company taxation when shares owned by the holding company is sold?


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