As a Singapore subsidiary, your company will be entitled to the following benefits: Your company may be eligible for income tax exemption available for new startup companies, provided that the company satisfies the following conditions: 100% shares allotted to Corporate Shareholders(s); partial exemption at least 10% shares allotted to Individual…Read More
Company Incorporation FAQs / Singapore Branch Office Registration
There is no requirement to the minimum authorized share capital of a foreign branch. During registration, the authorized capital must tally with the authorized capital of the parent company.
The following Singapore Branch Office Registration article summarizes the answer for your convenience.
You will need 1 corporate shareholder and 1 Singapore resident agent. You will also need a Registered Office Address in Singapore. Singapore resident agents are “ordinarily” residents in Singapore. They can be Singapore citizens, permanent residents or holders of Employment Pass or Dependent Pass. If you are relocating one staff…Read More
For a successful Foreign Branch registration we will need the following information and documents both via e-mail and by courier: Documents to be certified by Registrar of Companies at home country, affix the seal and date (Submission to be done within 3 months prior to submission to ACRA) Certificate of…Read More
The foreign branch office is required to file the financial accounts of its parent company to the registrar. Head Office Accounts Section 373(1) of the Companies Act (the “Act”) requires a foreign company which is required to hold an Annual General Meeting (AGM) and to prepare a balance sheet and…Read More