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Singapore Companies Forced to Register Controlling Entities

Singapore Companies Forced to Register Controlling Entities

Singapore's government will enact legislation requiring companies and limited liability partnerships to maintain registers of controlling parties.

Companies will be given 60 days to set up their registers, and must send out notices to anyone whom they have reasonable grounds to believe are controllers, or who are likely to know the identity of controllers.


 


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Source:

Read more at: Tax Times blog

 
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