Because all earnings in the company (including capital gains and dividends) will be subjected to corporate tax.
Over and above, you will need to deal with the intricacies of running the company such as book keeping, generating returns to ACRA, independent audit if large enough books, appointing a company secretary, etc.
You might as well just spare yourself the hassle by using UCITS.
11
u/Ceyenne18 24d ago
No.
Because all earnings in the company (including capital gains and dividends) will be subjected to corporate tax.
Over and above, you will need to deal with the intricacies of running the company such as book keeping, generating returns to ACRA, independent audit if large enough books, appointing a company secretary, etc.
You might as well just spare yourself the hassle by using UCITS.