Asia Corporate Advisory

incorporation | Foreign Companies | Branch office

Singapore Branch Office

You are at: Incorporation | Foreign Companies | Branch Office

 

Overview. Package. Process. FAQs.

 

a branch office

is considered as an extension of the foreign company and not as a separate legal entity. If a foreign company has the intention to conduct any activities in Singapore on a continuous basis with the purpose to generate profit, the foreign company needs to register with the Accounting and Corporate Regulatory Authority (ACRA) a legal business entity before it is allowed to commence business activities in Singapore. Upon registration, a Singapore branch office will become a proper legal entity. However, unlike a Singapore subsidiary the parent company of a branch office entity is implicitly liable for all the debts and liabilities of the branch office. A claimant can approach the Singapore courts of law to initiate legal proceeding against the headquarters, by virtue of its branch being located in the Singapore jurisdiction.


package

1. Branch Office Registration:

  • Branch office name check and reservation

  • Branch office registration fees

  • Electronic certificate of registration

  • Branch office profile extract from the ACRA

  • Assistance on bank opening

  • Branch office rubber stamp

2. Company Secretarial Services:

  • Provision of a senior ACA partner as the professional company secretary

  • Provision of company secretarial services to ensure compliance with Singapore Companies Act

  • Safekeeping, updating, and maintaining registers, minutes book, and other statutory records of the company

  • Maintenance of the registers of controllers

3. Company Registered Address (RA) for 12 months

  • Listing our address as your company’s registered address with ACRA

  • Receiving official and authorities notices and letters


PROCESS

Step 1: Submit the details below

Let us know that you wish to proceed forward with us by completing the form below and clicking on "Submit" button. Upon receipt of your request, our service partner will follow-up with you to clarify any questions you might have and to advice you of the next steps.


Step 2: Collate your documents

We will check the availability of the proposed branch office name. We will also send you the relevant forms for you to furnish the required details. Supporting documents will be required to facilitate the due diligence work and preparation of the registration documents accordingly.


Step 3: Make payment

Upon receipt of the completed registration details form and after our due diligence clearance, we will send you an invoice for our services. We will proceed to register the branch office with ACRA once we received your payment for our services. We accept bank transfer and local cheque.


Step 4: Register Branch Office

Upon the signing of the registration documents, we will proceed to register the branch office with Accounting and Corporate Regulatory Authority of Singapore (ACRA). Once the branch office has been registered, you may proceed to open a corporate bank account.


FAQ - Branch office registration

1. What are the documents and information required for registration of a branch office?

  • A Memorandum of Appointment or Power of Attorney under the seal of the foreign company or executed on its behalf in such manner as to be binding on the company stating the appointment and details of at least 1 person resident in Singapore who will act as the authorized representative for the Singapore branch office and the powers of the local authorised representative

  • For each Singapore resident individual authorised representative:

    • Copy of Singapore IC; or

    • Copy of passport if the individual is not a citizen of Singapore

  • For each non-resident individual authorised repesentative:

    • Copy of passport; and

    • Copy of residential address proof such as a recent utility bill, residential phone bill, tax bill, or cable TV bill

  • For the foreign parent company:

    • Copy of the certificate of registration; and

    • Current extract of company particulars from Registrar of Companies including the list of its directors and their personal particulars, i.e. passport no., residential address, nationality, date of birth, date of appointment as director of the foreign company (please provide clear copies of certified true copy of the directors passport).; and

    • Copy of the constitution of the company; and

    • A board resolution approving the registration of the Singapore branch office

    • Company group structure, where applicable

  • Latest audited financial statements of parent company, if required to be prepared in parent country

NOTE:

  • All documents above must be in English or officially translated in English

  • All copies of documents must be certified true copies by a notary public if any of the directors or shareholders (individual or corporate) is a non-resident of Singapore (ie. foreigner)

  • If you are overseas, you can email us the scanned copies of documents so we can proceed with preparing the necessary incorporation documents.

  • Our compliance department may ask for additional information if necessary

2. How are Singapore branch office being taxed in Singapore?

  • A Singapore branch is considered a non-resident company for tax purposes. Non-resident companies are not eligible for tax benefits resulting from available tax incentives and tax treaties meant for resident companies. The Singapore corporate tax rate is at 17%

3. Does Singapore branch office require the appointment of at least one (1) local resident authorised representative?

  • Yes, a Branch Office must appoint at least one authorized representative who is a Singapore resident. The following individuals can be appointed as local authorised representative:

    • Singapore citizen

    • a Singapore permanent resident

    • a Branch Office employee holding an Employment Pass

  • We can provide the services of nominee local authorized representative if required


Register Your Branch Office

 
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Let us know of your business nature or any questions you have with regards to Singapore company incorporation
 

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