365. Foreign companies to which this Division applies Flashcards
1
Q
- Foreign companies to which this Division applies
A
General overview
[365.01] Section 365 provides an overview of the foreign companies to which Division 2 of Part XI of the Act applies. Division 2 of Part XI of the Act sets out a comprehensive scheme for foreign companies under Singapore law, and was intended to regulate and control foreign companies trading within Singapore. Under s 365, only foreign companies that establish a place of business or carry on business in Singapore, or that intend to do so, are required to comply with Division 2 of Part XI of the Act.
