Branch of foreign company
A foreign company has to register a branch in Singapore under the Companies Act before it can commence business here.
The Companies Act requires a foreign company to appoint 2 local agents in Singapore to act on behalf of the company. The agents must be ordinarily residents in Singapore i.e. Singapore Citizen, Singapore Permanent Resident, a person who has been issued an Employment Pass/Approval-In-Principle letter/Dependant’s Pass. A foreigner who wishes to act as a local agent of a foreign company can apply for an Employment Pass or Approval-In-Principle letter from the Work Pass Division of the Ministry of Manpower (MOM).
If you wish to proceed to order for the above business entity, please call our Business Advisory Team at (+65) 64388887, who can assist with the Singapore company setup including the opening of your corporate bank account. Clients are invited to either visit our office (click here to see the location map). You may also email you’re enquires at: info@rikvin.com
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