Incorporation Package for Singapore Branch Office Registration

What is a Foreign Company (Branch Office)?

A Singapore branch of a foreign company is part of the same legal entity as the foreign company at its head office and branches of the foreign company in other parts of the world. Setting up a branch in Singapore may allow taking advantage of certain benefits in international tax planning. A foreign company incorporating a branch need not have any directors resident in Singapore but it must appoint at least 2 local residents ( i.e. Singapore Citizen, Singapore Permanent Resident, Singapore Employment Pass Holder or Dependent Pass Holder) authorized to accept service of process and any notices required to be served on the foreign company. If you wish to act as the local agent we can assist you with your Employment Pass Application.

Once registered, the branch of the foreign company is subject to filing and reporting requirements under the Companies Act (Cap. 50). In addition to the audited accounts of its Singapore branch, the foreign company will usually also be required to file the accounts of its head office with the Registrar of Companies and Businesses annually. For this reason, not many foreign companies choose to register a branch. However, foreign banks and financial institutions may need to register branches to do business in Singapore in order to comply with capital adequacy requirements imposed by the relevant authority in Singapore.

1.Singapore Branch Office  
Registration of Branch Office
S$ 1500.00
Annual Company Secretarial Services
S$ 800.00 per annum
Acting as Local Representative (minimum of 2 local representative required) - (pro rated until we resign)
S$ 2400.00 per agent
                  
2.Optional Services  
Use of Registered Address
(pro rated until the address is changed to your own office address)
S$ 600.00 per annum
Application for Employment Pass
S$ 1200.00 per person

Please take note that we will collect an upfront deposit of S$3000.00 for acting as local agent(s). 

The following are documents that are needed for the Branch Office Registration :- 

  • Certificate of Incorporation of main office- to be certified by their ROC, affixed the seal and date. 
  • Memorandum & Articles of main office - to be certified by ROC of the head office affixed the seal and date. 
  • Affidavit - to be signed by the secretary of main office before a NOTARY PUBLIC (please insert name, Passport number and address accordingly.   Please also affix the common seal of the Notary Public beside his/her signature) 
  •  Annexure A (Memorandum of appointment of agents) -  to be signed by the chairman of main office before a NOTARY PUBLIC (Please also affix the common seal of the Notary Public beside his/her signature) 
  • A statutory declaration by the agent confirming particulars of the branch- to be signed by the chairman of main office before a NOTARY PUBLIC (Please also affix the common seal of the Notary Public beside his/her signature) 
  • Information of the HQ, ie business activity, registered office address, paid up capital, and particulars of the directors (ie, name, passport number, nationality, address, appt date) 

Please note that branch will be required to do an annual audit and file tax returns annually.