Foreign Shareholder / Director Resource
We service a broad international client base (including China, Australia, New Zealand, Germany, India, France, Netherlands, etc). Our boardroomWMH+ specialist counsels are on call 24/7 and are accustomed to tending to our clients across different time zones. We provide our clients with access to and are able to tap into our regional / global networks (e.g. on foreign law (i.e. the laws of the Chinese (PRC), British Virgin Islands, Cayman Islands, etc) and/or cross border corporate secretarial services) to be a one-stop shop for our international clients.
We routinely entertain a wide variety of related enquiries from foreign based investors / shareholders and directors, including but not limited to the following:-
- Whether the shares of a Singapore incorporated company may be held on behalf of foreign shareholders on trust, including the ambit of the requirement for companies to maintain a Register of Nominee Shareholders.
- Can the shareholders’ agreement of a Singapore incorporated company (but between shareholders from various foreign jurisdictions) be governed by a body of law other than that of Singapore.
- How may a foreign corporate shareholder of a Singapore incorporated company vote at a Singapore shareholders meeting and what steps should the Singapore incorporated company take to ensure that any such vote cast is with proper authority.
- Steps that a foreign party or entity with an interest in a Singapore incorporated company may take to ensure that its rights and interests are safeguarded, even though its interest is not formally reflected on the register / records of the Singapore incorporated company.
- How a Singapore incorporated company may be structured at the board level where its executive directors do not intend to be ordinarily resident in Singapore.
- How a joint venture / special purpose company incorporated in Singapore may be structured between two or more foreign entities / individuals looking to invest in Singapore.
- What foreign direct investment (FDI) controls (e.g. ownership restrictions, licensing regimes, etc) apply and to which specific sectors in Singapore.
- How and when can a (foreign) parent company be liable for the conduct of its Singapore subsidiaries.
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