Singapore Private Limited Company: Incorporation, Governance, Ownership, Filings, Distributions, Audit and Tax—Multilaw Global Business Entities Guide (as at 13 January 2023)
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Practice notes
This Practice Note forms part of a multi-jurisdictional guide that addresses the essential aspects of establishing specific business entities across global jurisdictions. Leading firms within the Multilaw global law firm network provide responses to key questions on this topic. This guide sets out the main considerations when forming a private limited company in Singapore. Current as of 13 January 2023. Authors: Lau Kiat Wee and Amos Tan, Quahe Woo and Palmer LLC, a Multilaw member firm.
Common entities
- What form of entity is the subject of this questionnaire? What other forms of entities are commonly used in this jurisdiction and are the subject of another questionnaire response? The most prevalent corporate form in Singapore is a company limited by shares that is privately held, commonly referred to as a private limited company (the subject of this response).
- Identify other types of entities in your jurisdiction that exist but will not be the subject of a questionnaire response at this time
- Sole proprietorship—A business owned by one individual, not a separate legal entity, with the owner assuming unlimited liability
- Partnership—Formed by at least two partners, with a ceiling of 20 partners (unless it is a specified professional partnership), which is not
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Web page updated on 21/05/2026
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