Setting up a Holding company in Singapore

[Minke]

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

[Strong Eagle]

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]

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?