Gledhill LLP

All questions Corporate leadership i Board structure and practices Singapore companies have a single-tier board of directors where the role of the board is governed by the constitutional documents of the company and by statute.

All questions Local developments i Entity selection and business operations Singapore generally imposes tax on income sourced in Singapore as well as foreign-sourced income remitted into, or deemed to be remitted into, Singapore under the Income Tax Act, Chapter 134 of Singapore (ITA). The Singapore tax regime affords flexibility to corporations to carry out tax planning depending on their commercial objectives, as opposed to adopting an overly prescriptive and onerous approach.

Singapore October 24 2019 All questions Digital markets, funding and payment services The marketing and management of collective investment schemes, the provision of equity crowdfunding platforms, peer-to-peer lending platforms and payment services will typically fall within the scope of regulated activities in Singapore.