FAQs: Singapore Company Incorporation

Here are the basic questions and answers you need to know before forming a company in Singapore.

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

Though all the directors in the Foreign Branch may be foreigners, all Foreign Branches in Singapore require the appointment of 1 local agent.

Yes, the Accounting and Corporate Regulatory Authority (ACRA) may randomly carry out a due diligence exercise, which may delay the name

The Accounting and Corporate Regulatory Authority (ACRA) will reject the proposed name if: It is identical to the name of another local company,

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

A shareholder is not liable for the debts or other obligations of the company except to the extent of any commitment made to buy shares. The benefits

Yes, a shareholder can. However, if it is a newly established company, it is important for the company to show that it is able to generate enough

There is no lockup period for paid-up capital. You can start using it for your company needs immediately.

Yes, you are eligible for Start Up Tax Exemption (SUTE) provided the following conditions are fulfilled. The company must not have more than 20

No. A Singapore company can be set up without you needing to visit Singapore.