While forming a company, the most pertinent issue that you need to decide is which legal form to choose for your company as it can have crucial implications on your personal risk in the business as well as the prospects of your business for giving back financial returns. You would like to consider vital issues like ease of formation, asset liability, business asset appreciation, and tax obligations, before you decide on your business form. Though you will certainly seek legal advice from your lawyer, it is advisable that you get to know the basics of all the legal forms before you meet your lawyer. In Singapore, businesses mainly operate as companies, sole proprietorships and partnerships. Company A company has to be registered under the Singapore…