Anyone can register for a limited company in Singapore. A foreigner is not required to obtain a permit to be allowed to run a company in Singapore. The Foreign Investor Registration Act allows any Singaporean citizen to form a limited company.

However, the foreigner cannot own more than 49 percent of the shares of the company. He must own at least 51 percent of the company. The foreigner can obtain permission to own more than 51 percent of the shares of the company. However, he is not allowed to hold more than 25 percent of the shares.

He cannot sell his shares within three years. The foreign investor is not allowed to be a partner in another event management company in Singapore with more than 50 percent of the ownership.

The foreign investor must follow certain rules while setting up a company in Singapore. In order to qualify as a limited company, the foreign investor should file a Form FC within six months of starting the company.

The Singaporean citizen should file a statement showing the total amount of capital of the company that is held by him/her.

This should include cash, stocks and bonds. A statement must be filed for each company. The Singaporean company should state whether it has paid the stamp duty on securities.

In Singapore, foreign investors are given more rights compared to local companies. These are called the foreign investment act (FIA).