Business Registration

Types of Business Entities

There are various types of business vehicles that individuals can choose to launch a profitable business in Singapore. Those business vehicles include sole-proprietorship, partnership, limited partnership, limited liability partnership, and limited liability company.

The most commonly used business vehicle is a limited liability company, mainly due to its features of separate legal personality and independent fiscal benefits. The other business vehicle types, such as sole-proprietorship, partnership, limited partnership, and limited liability partnership, do not offer such features altogether.

	what we do ProCorp provides professional advisories, services on incorporation, and administration of various types of business vehicles. Registering a business vehicle in Singapore requires a series of practical steps to be taken, and we are here to assist you throughout the whole process.
	STARTING UP YOUR COMPANY You may kick-start your business officially in Singapore by incorporating a new business entity which is a private limited company. It is required to be registered with the Accounting and Corporate Regulatory Authority of Singapore (“ACRA”).
	POST-INCORPORATION Aside from the incorporation or registration of an entity, compliance issues are also a significant role to play in order to maintain a high transparency in business environment as it is what Singapore Government has always promoted in its public policies.

Our Services

ProCorp provides the formation, secretarial, and advisory services for the following business entities:

	Limited Liability Company
	Limited Liability Partnership
	Limited Partnership
	General Partnership
	Sole-Proprietorship
	Foreign Company / Branch Registration

The most commonly used business vehicle is a limited liability company which has the following key features:

	Separate legal personality
	Ability to own properties
	Limited liability
	Contractual ability
	Perpetual succession
	Ownership flexibility
	Ease of Reporting