| Professionals who are exploring Singapore company | | | | office should match with the foreign office and should |
| registration won’t be disappointed in their decision | | | | be approved by ACRA before the Singapore |
| of jurisdiction. Singapore is located strategically and | | | | company incorporation. It is mandatory that a |
| offers very attractive tax benefits. The options | | | | Singapore company formed as branch office has two |
| available for company formation in Singapore include | | | | agents residing in Singapore. The Branch office can |
| setting up a new Private Limited Company, a | | | | send home all its capital and earnings. And only those |
| Subsidiary Company, a Branch Office or a | | | | earnings obtained locally are taxed at the prevailing |
| Representative office. The immigration policies of | | | | rates in Singapore. |
| Singapore are liberal and welcome foreign talent into | | | | The Subsidiary Company is the most popular option |
| the country. Moreover, many special incentives are | | | | when it comes to Singapore company registration for |
| available for Singapore registered companies for | | | | foreign companies mainly because its liabilities do not |
| growing their business locally as well as expanding | | | | get transmitted to the parent company as it is |
| overseas. | | | | considered to be a separate entity. Besides, it can |
| If a business person is interested in carrying out | | | | have a name different to the parent company and it |
| international business, a Singapore company formation | | | | enjoys the tax benefits existing in Singapore. You also |
| as a private limited company is a very popular option | | | | have to appoint as minimum of one director and one |
| as it has the one of the best tax efficient arrangement. | | | | of these has to be a local resident of Singapore. Most |
| If you happen to be a foreign company or even a | | | | agencies which provide Singapore company formation |
| foreign national looking to start or expand your | | | | services will provide you with the services of a local |
| Singapore business, you just need to satisfy the | | | | nominee director when needed. |
| minimum statutory requirements of a local company | | | | Singapore company registration as a Representative |
| secretary, registered address, and a local director. If | | | | Office is the third possible choice for foreign |
| you wish, you can easily relocate to Singapore on a | | | | companies. However, a representative office can not |
| work visa after registering your Singapore company. | | | | carry any income generating business activities. This |
| Singapore company registration for a branch office is | | | | kind of company formation in Singapore does not give |
| done by ACRA treating it as a simple annexe of the | | | | the entity any legal status and it cannot get into any |
| foreign company. It is one of the options that have | | | | kind of contracts. It can take on only promotional |
| minimum takers as it is required to submit the accounts | | | | activities on behalf of the parent company and can |
| of the Head Office which most companies would | | | | make negotiations but cannot close any deals. The |
| rather not do given the choice. Further, The Head | | | | parent company is responsible for any activities of the |
| Office is responsible for any actions of the branch | | | | representative office and it has to have at least one |
| office and the branch office is not allowed to claim the | | | | member from the head office on its staff who is |
| tax benefits of Singapore. The name of the branch | | | | located in Singapore. |