13 August 2014

dictionary

A practical thought

One of the question people sometimes ask us is – what if all this venture does not go as per my expectations ? What if I register company and operate it for 2-3 years but somehow it's not going anywhere - Can I exit out of it easily ?

Sure. In an unfortunate case, if the things don't work out as expected you can always liquidate or strike of the company (meaning effectively close the company) and take back whatever funds are there in the company accounts back to your home country. The cost of striking off of the company is usually between 600-1000 SGD.

 

 
 
CONNECT WITH US
We're on Social Networks. Follow us & get in touch.

facebook     linkedin     youtube