Company formation

Venturing into the China Business Scene – Company Legal Structure and Incorporation Requirements

With previous articles delving into the different regions available in China for varying business nature and the enhanced Foreign Direct Investment (FDI) regulations in Shanghai, choosing the legal structure and preparing the required documents are the next steps for entrepreneurs or companies looking to venture in to China’s business terrains.  Corporate Structures for Foreign Companies …

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Venturing into the China Business Scene – Shanghai

Shanghai – The largest city in China and has been a major socioeconomic centre amongst the provinces regarding Gross Domestic Product (GDP). Growing from a humble beginning into an economic powerhouse, Shanghai, coupled with Jiangsu and Zhejiang, forms the east-china region. This region is one of the special economic zones (SEZ), which falls under the …

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Venturing into the China Business Scene

There has been an ongoing debate on the overarching theme of the world’s top economy for some time, leading to an economic and soft power struggle between the United States and China. Given the pandemic situation and corresponding economic fallout, the odds seem to be tipping towards China’s favour. Based on analysts, China is the …

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The Beginner’s Guide to Financial Services – Types of Financial Licenses

In any country, a well-functioning financial system is essential for the economy, businesses, and consumers. Under the robust fiscal system, a financial regulatory regime is necessary to ensure the financial system’s safety and soundness, including the licensing system, especially for businesses with nature related to financial services.  As the industry evolves with technology advancements, there …

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Applying for a Gaming (Gambling) Licence in Malta, Isle of Man and Curacao

The online gambling industry is considered a lucrative and profitable business with a short payback period. There has been rising interest in the trade with such alluring terms even though not every country issues them. However, it is a prerequisite that companies that deal with online betting must obtain a licence for this type of …

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When to choose LLC over the other business structure?

Choosing a business structure can be an arduous process. Notably for entrepreneurs, options available to incorporate as including but not limited to, the following: Sole Proprietorship Limited Liability Corporation (LLC) Limited Liability Partnership (LLP) S Corporation Non-profit Corporation With an array of selection available, it is not surprising that the decision-making process to determine which …

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The Start-up Dilemma: LLP or Private Limited Company?

Limited liability partnership (LLP) is a business structure that encompasses a hybrid characteristic of incorporating the good points of partnership and company. In LLP, one partner is not responsible nor liable for another partner’s misconduct or negligence. This difference unlike an unlimited partnership curtails the liability of the business partners should there be any debts …

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Why do companies open an offshore company?

What is an Offshore Company? In general, an offshore company is a company that is incorporated or registered in another jurisdiction other than where the original principals are located. An illustration of an offshore company refers to a resident in Singapore that choose to incorporate an International Business Company (IBC) in Belize to conduct business. …

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Registering a company in Singapore for foreigners

Singapore, famously known as “The Little Red Dot” or “The Lion City” has established itself as a reputable financial and regional trading centre. Being one of the busiest ports and location for investments in the APAC region, multinational organisations and financial institutions worldwide have chosen Singapore as their base for their business. Singapore is regarded …

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