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Epica FAQ Series

What requirements are there for all the shareholders of a subsidiary company?

Shareholders

What requirements are there for all the shareholders of a subsidiary company?

In a subsidiary company, a minimum of one corporate shareholder is required. The parent company (whether local or foreign) may own 100% shares. The Companies Act (Cap .50) does not cap the number of shares each shareholder is entitled to.

Obviously, if you are incorporating a company in Singapore in your personal capacity then it will not be called as subsidiary.

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