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Are there any registered capital requirements for investment subsidiaries of Singapore companies?

Released Date: Sep 05,2022 Article Source: HUANZE

Some clients set up a company in Singapore, and then the Singapore company acts as the shareholder to set up a wholly-owned Thai subsidiary. Since the Thai company needs to operate in Thailand on the ground, the registered capital requirement is very high. In this case, is there any requirement for the registered capital of the investor Singapore company?

There are clients who set up a company in Singapore, and then bySingapore CorporationAs a shareholder, the wholly-owned Thai subsidiary is set up. Because the Thai company needs to operate on the ground in Thailand, the registered capital requirement is very high. In this case, the investor is requiredSingapore publicDepartment ofIs there any requirement for registered capital?

The answer is no requirement, for exampleSingapore CorporationThe registered capital is only5Ten thousand dollars, the capital needed to invest in a Thai company50Ten thousand dollars. Anything more45Ten thousand dollars can be invested by the top parent company through Singapore Company. The parent company will issue an investment agreement. This is stated in the agreement45The sum of ten thousand US dollars is invested by the parent company in a Thai company, which is transferred from the parent company to the Singapore company and then fromSingapore CorporationTransfer to Thai company, clear investment path. When the Singapore company did the accounting and tax return, this45$10,000, declared as investment funds, on which the Singapore company is not liable for tax.

So,Singapore CorporationThe amount of registered capital, and its investment subsidiary investment amount is not necessarily related.

Are there any registered capital requirements for investment subsidiaries of Singapore companies?

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