The foreign branch office is required to file the financial accounts of its parent company to the registrar. Head Office Accounts Section 373(1)
FAQs: Singapore Company Incorporation
Here are the basic questions and answers you need to know before forming a company in Singapore.
What are the requirements for opening a Singapore bank account?
The specific requirements for opening a bank account vary from bank to bank. Most of the banks require the bank signatories to be personally present
What are my chances of getting an Entrepreneur Pass (EntrePass) approved?
Your chances of getting your Entrepreneur Pass (EntrePass) application approved will depend mainly on the following factors: Your ability to
What are the post-registration issues that I need to consider before I can start my foreign branch business activities?
After your Singapore Foreign Branch has been registered, you can start your business activities immediately. However, you may need to do the following
What are the benefits of setting up a Singapore company?
The advantages of forming a Singapore company include: Tax benefits ✔ Corporate income tax rate: 0-17% ✔ Personal income tax
What are private funds?
Private funds like banks, financial institutions, and investment companies are very rarely involved in actively managing the business (thus, giving
What are the documents needed for Singapore company formation?
For a successful Singapore business incorporation you will need the following information and documents: Company Name Registered Address A
What are the documents required for Singapore subsidiary formation?
For a successful Singapore subsidiary incorporation, you will need the following information and documents: Company Name Registered Address
What are the best company incorporation service providers in Singapore?
Rikvin can provide you with Company Registration Packages that come with services necessary to get your business up and running in an hour's time, all
What are the different types of Singapore Companies options for people who represent foreign companies?
For individuals who represent foreign companies, you can have a private limited company (limited liability corporation) (including a subsidiary), a
What are professional and filing fees?
These are fees for professional incorporation service & Accounting And Corporate Regulatory Authority (ACRA) online registration fees.
Must the foreign branch share the same name as its parent company?
Yes, the name of the Foreign Branch and the parent company must be identical. Since it is a representation of the parent company, the names have to be
