Choosing between a Sole Proprietorship, Partnership, and Pte Ltd is one of the most important decisions you'll make. Answer 6 quick questions and get a personalised recommendation - free, no sign-up needed.
The simplest structure. Cheapest to register, minimal compliance. But no liability protection - you're personally responsible for all business debts. Best for testing an idea.
Suitable for 2–20 partners. A Limited Liability Partnership (LLP) provides some personal liability protection. Partners are taxed at personal income tax rates.
The preferred structure for most businesses. Full liability protection, attractive tax rates, ability to raise funding. Can have 1–50 shareholders. Required for most B2B work.
Your structure affects your taxes, personal liability, ability to raise investment, and compliance obligations. Changing structure later is possible but involves cost and effort.