| Choose a Business Structure | |  | Sole-Proprietorship | | A sole-proprietorship is a business firm with only one owner. It is the simplest and most flexible business structure. | | |
|  | Partnership | | A partnership is a business firm owned by more than one individual or company. | | |
| |  | Limited Partnership (LP) | | LP provides limited personal liability for partners who do not take part in the management of the LP. | | |
|  | Company | | A company is a business entity. Most companies in Singapore are private companies limited by shares – “Pte Ltd”. | | |
| |
| |
|
|
|
|
|