Compliance with the Code of Corporate Governance is not mandatory. However, listed companies must comply with the Code or explain any deviations from the Code in their annual reports.

Please refer to the Monetary Authority of Singapore's website (https://www.mas.gov.sg) and the Singapore Exchange listing rules for details.

Yes, every company must continue to have at least one director who is ordinarily resident in Singapore.

This is to ensure that there is someone in Singapore who is accountable to the company's stakeholders.

In addition, the director must be at least 18 years old and not an undischarged bankrupt.

He must also not have been convicted of any offences involving fraud or dishonesty in the last 5 years.

Please refer to the Accounting and Corporate Regulatory Authority's website (https://www.acra.gov.sg ) for details.

Yes, both business structures are permitted in Singapore. Please refer to the Accounting and Corporate Regulatory Authoritys website (https://www.acra.gov.sg) for details.