Offshore companies are just like overseas owned resident firms in Singapore. In addition they can have international shareholders and both the shareholder and director can reside abroad. Nevertheless, in this case even though the offshore firm is required to take care of a minimum of one native director, their companies or merchandise are marketed in an abroad market and never within Singapore. Offshore corporations have their house owners reside abroad and now have their enterprise actions in another country. The moment they attempt to cater to the native Singapore market, they would be treated as a resident firm and the legal guidelines for native firms would be utilized.

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Article Writer

58 year-old Surveyor Tommy Spivery from Saint-Paul, has several passions that include lawn darts, Business and fossils. Has toured since childhood and has visited many destinations, for example Durham Castle and Cathedral.