How old do you have to be to own equity in a business in the United states in singapore? I am under-age and am a founder of a company in the United states. Does the equity have to be in my parents name or can it be in my name?
Thanks in advance!
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Singapore equity laws
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Re: Singapore equity laws
NOt sure what you are trying to conveydefrancod wrote:How old do you have to be to own equity in a business in the United states in singapore? I am under-age and am a founder of a company in the United states. Does the equity have to be in my parents name or can it be in my name?
Thanks in advance!
In SG , you must be 18
I think you need to be 18 too in US
https://us.etrade.com/e/t/welcome/educationcustac
Any individual or business entity (local or foreign) may incorporate a Singapore company subject to the following basic requirements:
Must have at least one shareholder. The shareholder can be a local or a foreign person. Bearer shares are not allowed.
Must have at least one local resident director. A director must be a natural person and above 18 years of age.
The shareholder and the director can be the same person.
Must have a minimum paid-up capital of S$1.
Must have a local registered address (P.O. Box not allowed).
Must have a qualified company secretary.
A name approval is required prior to company registration
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