A Singapore branch office is a legal entity registered with the “Accounting and Corporate Regulatory Authority (ACRA)” of Singapore. A Singapore branch office is considered an extension of the foreign company and not as a separate legal entity. From a taxation point of view, a branch office is generally considered a non-resident entity and therefore not eligible for the tax exemptions and incentives available to local companies in Singapore. Most Branch offices set up in Singapore are banks.
Rikvin’s content team includes in-house and freelance writers across the globe who contribute informative and trending articles to guide aspiring entrepreneurs in taking their business to the next level in Asia.
