Company Incorporation | 1 min read | Last updated on 30 June 2019
Exempt Private Limited Company
- Has a maximum of 20 shareholders.
- No corporation is a shareholder.
Private Company Limited by Shares
- Has a maximum of 50 shareholders.
Public Company Limited by Shares
- May have more than 50 shareholders.
- May raise capital by offering shares or debentures to the public.
- Must register a prospectus with the Monetary Authority of Singapore (MAS) before making any public offers.
Public Company Limited by Guarantee
- Is usually formed to carry out non-profit making activities such as promoting arts, etc.
- Is one which has members instead of shareholders. These members agree to pay a fixed sum in case the company is wound up.
The unlimited company is not a very common or well-known or promoted form of company incorporation.
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