Yes, you may open a corporate bank account with any of the local or international banks based in Singapore, and in some cases, overseas. If you are
Frequently Asked Questions : Singapore Branch Office Registration
Can I set up a branch office in Singapore myself?
The Singapore Companies Act does not permit foreign companies to self-register a Branch Office. Rikvin is a leading specialist in the registration of
Do I need to be in Singapore to have the foreign branch registered?
To form a Foreign Branch, you are not required to visit Singapore to register the entity. We can handle the entire registration process via emails and
As a foreign entity, should we incorporate a subsidiary or register a branch office in Singapore?
Majority of our overseas SME (small and medium enterprise) clientele prefers to incorporate a Singapore Subsidiary rather than set up a Foreign
Are there restrictions on the types of names I can use for my Branch Office?
Yes, the Branch Office name must be the same as the parent company. ACRA must also approve the name. A name will be rejected if: It is identical
Can a foreign branch in Singapore hire foreign employees?
Foreign Branch offices can hire foreign staff. There are different categories of work pass schemes available. Employment Pass is the only category
Can all the directors in the foreign branch be foreign?
Though all the directors in the Foreign Branch may be foreigners, all Foreign Branches in Singapore require the appointment of 1 local agent.
