---
title: Which entity will be best for my company?
description: "There are several factors to consider when selecting your entity structure: Liability: Only Pte Ltd and Limited Liability Partnership provide a separate legal entity and limit the personal liability o"
---

[Skip to content](https://support.aspireapp.com/migration/trial/which-entity-will-be-best-for-my-company#main-content)

English

Show submenu for translations

![Circle-2.png\]](https://support.aspireapp.com/hs-fs/hubfs/Circle-2.png?height=200&name=Circle-2.png)

Open main navigation

Close main navigation

- English
  
  Show submenu for translations
- Go to aspireapp.com

 Go to aspireapp.com

 Hello. How can we help you?

- There are no suggestions because the search field is empty.

1. [Trial](https://support.aspireapp.com/migration/trial?hsLang=en)
2. [Incorporation](https://support.aspireapp.com/migration/trial/incorporation?hsLang=en)

# Which entity will be best for my company?

There are several factors to consider when selecting your entity structure:

- **Liability:** Only Pte Ltd and Limited Liability Partnership provide a separate legal entity and limit the personal liability of founders and shareholders. The other forms expose you to personal risks.
- **Taxes:** Only Pte Ltd companies pay corporate tax rates and can apply for tax exemptions. Other company forms will be subject to personal tax instead. Above a certain level of revenue, it is more beneficial to pay corporate tax compared to personal tax.
- **Compliance requirements:** Pte Ltd requires to appoint[a Corporate Secretary](https://osome.com/sg/company-secretary-singapore/) and to submit annual reports to ACRA. These duties can however be outsourced to a specialized agency.
- **Funding:** A separate legal entity is usually required to apply for loans and attract investment.

*(Source: [Osome](https://osome.com/sg/blog/what-structure-should-i-choose-for-my-company/))*

**Disclaimer:** The above-mentioned details are not intended to serve as, and should not be deemed as, legal or financial advice from Aspire or any of its affiliates. Please seek professional advice before deciding which structure to adopt and how it may impact your business, operations, and affairs (financial or otherwise).

**Questions?** Please log in to the app and reach out in the chat at the bottom right corner of the screen.

---

**Suggestions?** Let us know [here](https://share.hsforms.com/1X4gc3uK1RQmgwTGVnQJg0Qclt5p?referring_page_website_from_form=Which%20entity%20will%20be%20best%20for%20my%20company?).

- [Account Management](https://support.aspireapp.com/migration/trial/account-management?hsLang=en#main-content)

    - [Notification Settings](https://support.aspireapp.com/migration/trial/account-management?hsLang=en#notification-settings)
    - [Multi-User Access](https://support.aspireapp.com/migration/trial/account-management?hsLang=en#multi-user-access)
    - [Account Details](https://support.aspireapp.com/migration/trial/account-management?hsLang=en#account-details)
    - [Account Opening & Eligibility](https://support.aspireapp.com/migration/trial/account-management?hsLang=en#account-opening-eligibility)
    - [Approval Policy](https://support.aspireapp.com/migration/trial/account-management?hsLang=en#approval-policy)
    - [Account Closure](https://support.aspireapp.com/migration/trial/account-management?hsLang=en#account-closure)
- [DBS USD Account](https://support.aspireapp.com/migration/trial/dbs-usd-account?hsLang=en#main-content)

    - [Send Money](https://support.aspireapp.com/migration/trial/dbs-usd-account?hsLang=en#send-money)
    - [Receive Money](https://support.aspireapp.com/migration/trial/dbs-usd-account?hsLang=en#receive-money)
    - [General Information](https://support.aspireapp.com/migration/trial/dbs-usd-account?hsLang=en#general-information)
- [Cards](https://support.aspireapp.com/migration/trial/cards?hsLang=en#main-content)

    - [Advance Cards](https://support.aspireapp.com/migration/trial/cards?hsLang=en#advance-cards)
    - [General Card Information](https://support.aspireapp.com/migration/trial/cards?hsLang=en#general-card-information)
    - [Physical Card](https://support.aspireapp.com/migration/trial/cards?hsLang=en#physical-card)
    - [Debit Cards](https://support.aspireapp.com/migration/trial/cards?hsLang=en#debit-cards)
- [Aspire USD Account](https://support.aspireapp.com/migration/trial/aspire-usd-account?hsLang=en#main-content)

    - [Send Money](https://support.aspireapp.com/migration/trial/aspire-usd-account?hsLang=en#send-money)
    - [About your Aspire USD Account](https://support.aspireapp.com/migration/trial/aspire-usd-account?hsLang=en#about-your-aspire-usd-account)
    - [Receive Money](https://support.aspireapp.com/migration/trial/aspire-usd-account?hsLang=en#receive-money)
    - [Managing your Aspire USD Account](https://support.aspireapp.com/migration/trial/aspire-usd-account?hsLang=en#managing-your-aspire-usd-account)
    - [Eligibility](https://support.aspireapp.com/migration/trial/aspire-usd-account?hsLang=en#eligibility)
- [Uncategorized](https://support.aspireapp.com/migration/trial/uncategorized?hsLang=en)
- [IDR Account](https://support.aspireapp.com/migration/trial/idr-account?hsLang=en#main-content)

    - [All about IDR Account](https://support.aspireapp.com/migration/trial/idr-account?hsLang=en#all-about-idr-account)
    - [Send Money](https://support.aspireapp.com/migration/trial/idr-account?hsLang=en#send-money)
    - [Receive Money](https://support.aspireapp.com/migration/trial/idr-account?hsLang=en#receive-money)
    - [Managing IDR Account](https://support.aspireapp.com/migration/trial/idr-account?hsLang=en#managing-idr-account)
    - [Integrations](https://support.aspireapp.com/migration/trial/idr-account?hsLang=en#integrations)
- [Revenue Management](https://support.aspireapp.com/migration/trial/revenue-management?hsLang=en#main-content)

    - [Invoice Management](https://support.aspireapp.com/migration/trial/revenue-management?hsLang=en#invoice-management)
- [Spend Management](https://support.aspireapp.com/migration/trial/spend-management?hsLang=en#main-content)

    - [Bills](https://support.aspireapp.com/migration/trial/spend-management?hsLang=en#bills)
    - [Claims](https://support.aspireapp.com/migration/trial/spend-management?hsLang=en#claims)
    - [Budgets](https://support.aspireapp.com/migration/trial/spend-management?hsLang=en#budgets)
    - [Credit for Working Capital](https://support.aspireapp.com/migration/trial/spend-management?hsLang=en#credit-for-working-capital)
- [Account Opening](https://support.aspireapp.com/migration/trial/account-opening?hsLang=en#main-content)

    - [Account Opening & Eligibility](https://support.aspireapp.com/migration/trial/account-opening?hsLang=en#account-opening-eligibility)
    - [About Us](https://support.aspireapp.com/migration/trial/account-opening?hsLang=en#about-us)
- [SGD Account](https://support.aspireapp.com/migration/trial/sgd-account?hsLang=en#main-content)

    - [Receive Internationally](https://support.aspireapp.com/migration/trial/sgd-account?hsLang=en#receive-internationally)
    - [General](https://support.aspireapp.com/migration/trial/sgd-account?hsLang=en#general)
    - [Send Internationally](https://support.aspireapp.com/migration/trial/sgd-account?hsLang=en#send-internationally)
    - [Send & Receive PayNow Locally](https://support.aspireapp.com/migration/trial/sgd-account?hsLang=en#send-receive-paynow-locally)
    - [Send Locally](https://support.aspireapp.com/migration/trial/sgd-account?hsLang=en#send-locally)
    - [Receive Locally](https://support.aspireapp.com/migration/trial/sgd-account?hsLang=en#receive-locally)
- [Payment Platforms](https://support.aspireapp.com/migration/trial/payment-platforms?hsLang=en#main-content)

    - [PayPal](https://support.aspireapp.com/migration/trial/payment-platforms?hsLang=en#paypal)
    - [Qoo10](https://support.aspireapp.com/migration/trial/payment-platforms?hsLang=en#qoo10)
    - [Shopify](https://support.aspireapp.com/migration/trial/payment-platforms?hsLang=en#shopify)
    - [Shopee](https://support.aspireapp.com/migration/trial/payment-platforms?hsLang=en#shopee)
    - [Etsy](https://support.aspireapp.com/migration/trial/payment-platforms?hsLang=en#etsy)
    - [Stripe](https://support.aspireapp.com/migration/trial/payment-platforms?hsLang=en#stripe)
    - [Lazada](https://support.aspireapp.com/migration/trial/payment-platforms?hsLang=en#lazada)
    - [Apple App Store](https://support.aspireapp.com/migration/trial/payment-platforms?hsLang=en#apple-app-store)
- [Accounting Integrations](https://support.aspireapp.com/migration/trial/accounting-integrations?hsLang=en#main-content)

    - [Export Data](https://support.aspireapp.com/migration/trial/accounting-integrations?hsLang=en#export-data)
    - [QuickBooks](https://support.aspireapp.com/migration/trial/accounting-integrations?hsLang=en#quickbooks)
    - [NetSuite](https://support.aspireapp.com/migration/trial/accounting-integrations?hsLang=en#netsuite)
    - [Category Management](https://support.aspireapp.com/migration/trial/accounting-integrations?hsLang=en#category-management)
    - [Xero](https://support.aspireapp.com/migration/trial/accounting-integrations?hsLang=en#xero)
    - [Accurate](https://support.aspireapp.com/migration/trial/accounting-integrations?hsLang=en#accurate)
    - [Zoho Expense](https://support.aspireapp.com/migration/trial/accounting-integrations?hsLang=en#zoho-expense)
    - [Jurnal](https://support.aspireapp.com/migration/trial/accounting-integrations?hsLang=en#jurnal)
    - [SAP Business One](https://support.aspireapp.com/migration/trial/accounting-integrations?hsLang=en#sap-business-one)
- [Safety and Security](https://support.aspireapp.com/migration/trial/safety-and-security?hsLang=en#main-content)

    - [Other Queries](https://support.aspireapp.com/migration/trial/safety-and-security?hsLang=en#other-queries)
    - [Funds Safety](https://support.aspireapp.com/migration/trial/safety-and-security?hsLang=en#funds-safety)
    - [Personal Data Protection Act (PDPA)](https://support.aspireapp.com/migration/trial/safety-and-security?hsLang=en#personal-data-protection-act-pdpa)
    - [Security and Fraud Controls](https://support.aspireapp.com/migration/trial/safety-and-security?hsLang=en#security-and-fraud-controls)
- [Incorporation](https://support.aspireapp.com/migration/trial/incorporation?hsLang=en)
- [Subscription Plan](https://support.aspireapp.com/migration/trial/subscription-plan?hsLang=en#main-content)

    - [Billing](https://support.aspireapp.com/migration/trial/subscription-plan?hsLang=en#billing)
    - [Services & Value](https://support.aspireapp.com/migration/trial/subscription-plan?hsLang=en#services-value)
    - [Promotions](https://support.aspireapp.com/migration/trial/subscription-plan?hsLang=en#promotions)
- [Others](https://support.aspireapp.com/migration/trial/others?hsLang=en)

[![](https://static.hsappstatic.net/cms-onboarding-ui/ex/default-logo.svg)](https://aspireapp.com)

aspireapp.com Help Center

Copyright © 2026, Aspire