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Singapore: Types of Company

Non-Resident Companies

Whether a corporation is resident or non-resident depends on whether central management and control is exercised inside or outside Singapore respectively. Central management and control is deemed to be exercised outside Singapore where a majority of directors reside outside the jurisdiction. Thus a non-resident corporation is one in which a majority of directors reside outside the country.

N.B. Non-resident corporations cannot benefit from the provisions of double taxation treaties signed by the Government.

 

 

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