How to determine a holding company type

By default, the holding company type is pre-determined as a Pte Ltd (Private company limited by shares). 

In Singapore we have 2 types of Pte Ltd, namely;

1. Exempt private company limited by shares
   • Most common company type in Singapore
   • Name ends with “Pte Ltd”
   • Can have a maximum of 20 shareholders
   • No shareholder is a corporation
   • Has a share capital
   • No requirement to audit unless it has over SGD 5mil in revenue and/or assets
   • Easy financial reporting, no requirement to upload financial statements when filing annual return
2. Private company limited by shares
   • Second most common company type in Singapore
   • Name ends with “Pte Ltd”
   • Can have a maximum of 50 shareholders
   • Shareholders can be individuals or corporations
   • Has a share capital
   • No requirement to audit unless it has over SGD 5mil in revenue and/or assets

Therefore, since your holding company is a Pte Ltd, it  is a legal body corporate. That means it can only be sued under its own name (Pte Ltd name), and not individually (directors or shareholders), unless there is a fraud or criminal investigation. It is the safest form of ownership since liabilities are limited.