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Singapore PLC vs PTE LTD

PLC is the abbreviation of Public Limited Company, which is a legal entity registered in Singapore. It belongs to collective ownership, meaning it is owned and managed by multiple shareholders. As a limited liability company, the shareholders of PLC are only liable for the amount of their contribution. PLC is a publicly traded company, and its stocks can be publicly traded on the stock exchange. According to Singaporean law, PLC must have at least one shareholder and at least one director. PLC is not required to appoint a legal representative, but it needs at least one director to act as the legal representative of the company. Additionally, PLC is not required to have a company secretary. According to Singaporean law, the minimum registered capital for PLC is 50,000 Singapore dollars, and no verification of the capital is required. Finally, PLC is a flexible form of company suitable for large enterprises and public companies.
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SingaporeFlag of SingaporeSingapore

Singapore Legal Entity Comparison

Basic Information

PLC
PTE LTD
Ownership:
Consolidated Ownership
Ownership:
Consolidated Ownership
Limited Liability:
Positive
Limited Liability:
Positive
Publicly Participates In Capital Market:
Positive
Publicly Participates In Capital Market:
Negative

Shareholder / Director / Secretary Requirements

PLC
PTE LTD
Requirements For Shareholders:
At least one
Requirements For Shareholders:
1-50
Requirements For Directors:
At least one
Requirements For Directors:
No requirements
Legal Representative Not Mandatory:
Positive
Legal Representative Not Mandatory:
Positive
Local Directors Not Mandatory:
Negative
Local Directors Not Mandatory:
Negative
Local Secretaries Not Mandatory:
Positive
Local Secretaries Not Mandatory:
Positive

Registered Capital Requirement

PLC
PTE LTD
Minimum Registered Capital Requirement:
SGD 50,000
Minimum Registered Capital Requirement:
1. The minimum capital is 1 Singapore dollar;
2. The standard registered capital is 1-5 million SGD (it is recommended not to exceed 490,000 SGD, otherwise membership fees will be levied compulsorily).
Capital Injection Not Required:
Positive
Capital Injection Not Required:
Positive
Capital Injection Requirement:
Capital Injection Requirement:

Memo

PLC
PTE LTD
Memo:
Memo:
TKEG Expat ™ (Australia) General Singapore Incorporation Service

TKEG Expat ™ (Australia) General Singapore Incorporation Service

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