Are you a foreign company looking to set up a presence in Singapore? Strategically located in Asia, Singapore is the preferred business hub or springboard for many foreign organisations to establish a foothold in Asia Pacific region.
Foreign companies may register for a branch office, subsidiary company or a representative office. It is mandatory to have a professional firm to register on behalf with Accounting and Corporate Regulatory Authority (ACRA).
A local subsidiary company is mostly preferred among small to medium size foreign business due to different treatments such as:
Whereas, a Singapore branch office are considered as:
Lastly, a representative office will be a short-term plan for foreign companies to gather any market research or coordinate activities without the purpose to profit.
Whether you are looking to register a branch office, subsidiary company or a representative office and are unsure on how to go about registering for it, JPS Consultancy can help you determine which option will best fit your company strategic goals.
Registration for a subsidiary company or branch office has an indefinite validity period, whereas the representative office is renewable yearly for the first three years before it is required to upgrade to a subsidiary company or branch office. Click here for more enquiries regarding your business needs.
Paul Lock, MD, Mandalay Mining and Metals Pte. Ltd.
I have had the pleasure of working with JPS Consultancy for several years. Eunice's diligence and help has been second to none, whatever my corporate needs Eunice will find a way to deliver an efficient and well priced solution. I have the highest regards for JPS Consultancy's professionalism.