What Is A Certificate Of Residence (COR) and Why Does Your Business Need One?
The Certificate of Residence (COR) is a letter issued by the Inland Revenue Authority of Singapore (IRAS) to certify that the company is a tax resident of Singapore to claim tax benefits under the DTAs that Singapore has concluded with other jurisdictions. It is necessary to…
Can foreigners set up a Sole Proprietorship or Partnership?
We have received many inquiries from foreigners lately regarding setting up a sole proprietorship or partnership here in Singapore. So the question is can foreigners do so? In this article, we will answer that question. But first, we need to know what is a sole proprietorship…
What is a Nominee Director?
Many clients have asked us, 'What is a Nominee Director and what does he or she do exactly? Do they have any legal rights over the company?'. In this article, we will answer this question in detail. Why do I need a Nominee Director (ND)? To answer this, we need to look at the…