Open a SPV Company in Singapore

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Open a SPV Company in Singapore A presentation brought to you by OpenCompanySingapore.com 1

Transcript of Open a SPV Company in Singapore

Page 1: Open a SPV Company in Singapore

Open a SPV Company in Singapore

A presentation brought to youby OpenCompanySingapore.com

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Page 2: Open a SPV Company in Singapore

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What Is a SPV Company in Singapore?

• The special purpose vehicle or entity (SPV/SPE) is mainly used in the investment funds industry.

• This business form is the correspondent of subsidiaries of foreign companies in Singapore. 

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What Is the Purpose of a SPV Company?

• The SPE or SPV is usually set up in order to ensure the business in Singapore will continue even if anything goes wrong with the parent company.

• Protection against bankruptcy is the main advantage a special purpose vehicle offers in Singapore. 

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How Are SPVs Used in Singapore?

• Banks or insurance companies in Singapore are most prone to set up SPVs or SPEs in the city-state.

• This usually happens because these types of Singapore companies can offer new investment possibilities which cannot be offered by usual funds, such as hedge funds.

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Advantages Offered by SPVs in Singapore

• The SPV is suitable for investment banks because they offer protection related to loans and other monetary tools.

• The SPV is also used to secure certain assets in Singapore or even to fund new ventures.

• Another reason to use a SPV is to raise capital, as this type of entity can borrow money with lower interest.

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How to Register a SPV in Singapore

• The limited liability company is the most employed type of structure when setting up a SPV in Singapore.

• The company must be registered with the Trade Register as any other type of entity. 

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Other Requirements for Opening a SPV

• One should also know that a Singapore SPV or SPE is subject to different accounting requirements than companies incorporated for commercial purposes.

• Our company formation consultants in Singapore can also offer information on the accounting requirements for SPVs and SPEs.

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Why Invest in Singapore?

• Singapore provides many incentives for foreign investors putting money in certain industries such as financial services, tourism, healthcare and telecommunications.

• Foreign enterprisers can also rely on Singapore’s double tax treaties with over 70 countries that allow them to reduce the tax burden.

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Company Formation Services in Singapore

• With a deep knowledge about the business environment of Singapore, our local consultants will offer tailored services at the request of our customers.

• Our consultants specialize in company formation and tax consultancy, however we also offer legal advice in certain aspects of commercial and corporate law.

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Thank you for your attention!

• Please contact us for more information at:

  + 852 8191 3385

[email protected]

http://www.opencompanysingapore.com/10