Learning Objectives:
  • Describe the different forms of business set-ups in Singapore
  • State the pro and cons of each type of business set-up
  • Advise their clients of advantages of incorporation
  • Sell insurance to an incorporated company
  • Explain tax impact of running an incorporated company
Course Outline:
  • Introduction to different forms of business set-ups in Singapore
  • Business risks that sole proprietors, partners in partnership and directors in incorporated companies have to deal with
  • Benefits of operating business using a company
  • Steps to incorporate a company and the statutory requirements of company
  • Insurance that can be sold to an incorporated companies that cannot be sold to sole proprietors and partnerships
  • Taxation of companies
  • Taxation of directors and shareholders of companies
  • Practical case study on incorporation of a company
  • Incorporation Fact Finder

LIA CPD Hour: 6 hours (50% Knowledge, 50% Skills)