Can a foreign individual or a foreign company be 100% shareholder of a Singapore company?

Yes, Singapore Companies Act allows for 100% ownership of Singapore companies by foreign persons or entities. There are also no restrictions on the type of business activities that a company can engage in. No special approvals are required by foreigners. In other words, there is no difference between a local or a foreign person who wishes to form a Singapore company.


Relative FAQs

  1. Does a Singapore company require a local resident director?
  2. How can a foreigner apply for a Business/ Company if he does not have a SingPass?
  3. Singapore Offshore Company Formation - How it works?