In Singapore, the number of owners a corporation can have depends on the type of corporate entity. Here are the guidelines for different types of corporations:
- Private Limited Company: This is the most common type of corporation in Singapore for small to medium-sized businesses. A private limited company can have a minimum of one shareholder and a maximum of 50 shareholders.
- Public Limited Company: For a public limited company, which is typically larger and may list its shares on a stock exchange, there is no maximum limit on the number of shareholders. These companies can have an unlimited number of shareholders, allowing them to raise capital from the public.
- Limited Liability Partnership (LLP): An LLP does not have shareholders but partners. There is no statutory limit on the number of partners in an LLP, so technically, an LLP can have an unlimited number of partners.
These structures allow significant flexibility in the scale and scope of business operations, from individual entrepreneurs to large multinational corporations.