Private Limited Company is the most preferred business structure globally. This business thing is unique because it has a separate legal status firm its investors and directors who have limited obligations for losses and debts of the business. It has got the right to possess property. It’s popularly referred to as ‘corporation’ which has the language Pte Ltd as part of its name.
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In July 2012, during the World Trade Organisation (WTO) Trade Policy Review, the WTO Secretariat announced that Singapore is one of the world’s most conducive countries to conduct business. Its liberal trade policies and very well-organised bureaucracy are all good tidings for businessmen who wish to find their position in the Singapore market. At the same time, it is a worthwhile avenue for larger companies who want to start regional operations in the city state.
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