| Choose a Business Structure | |  | Sole-Proprietorships | | A sole-proprietorship is a business firm with only one owner. It is the simplest and most flexible business structure. | | |
|  | Partnerships | | A partnership is a business firm owned by more than one individual or company. | | |
| |  | Companies | | A company is a business entity. Most companies in Singapore are private companies limited by shares – “Pte Ltd”. | | |
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