Representative Office
Key Information to Note
- Overview on setting up of Representative Office
- Foreign commercial entity must fulfill the following criteria:
- Sales turnover of the foreign entity must be more than US$250,000.
- Number of years of establishment of the foreign entity must be more than 3 years.
- Proposed number of staff for RO should be less than 5 people.
- Statutory requirement to appoint a representative
The appointed representative must be either staff from the HQ of the parent company or a Singapore employee of the parent company. The main function of the appointed representative is to represent the parent company. Employment Pass must be obtained by foreign expatriates to be able to work in Singapore. We offer application of Employment Pass as an additional service subject to separate costs.
- Statutory requirement to provide a Registered Office Address
From the date of incorporation, the representative office must provide a registered office within Singapore where all communications and notices to the company are addressed, and where the company’s registers and records are kept. We offer a registered office address as an additional service subject to separate costs.
- Cost savings when you avail this package
Company secretary service is complimentary on the first year of incorporation to help you keep track of all statutory and legal requirements of RO. The succeeding year’s cost is $750 per annum. The package also comes with 2 free transactions which are valid within the first year of the RO’s incorporation and free use (one-time) of our conference room during your meeting with the bank officer for bank account opening. Imagine the costs that you can save in the first year of your business!
What is included in the Package for Set Up of Singapore Representative Office
- Set up of Singapore Representative Office
We will prepare all necessary forms and documents and perform the setup of RO with Enterprise Singapore. The package fee includes the application fee of S$200.
- Provision of Company Secretary
Our package comes with complimentary company secretary service for the first year of RO’s incorporation. Company Secretary is not mandatory for RO but it is good to have to make sure that someone is keeping track of the statutory and legal requirements of RO.
- Compliance Alerts and Reminders
Alerts and reminders will be sent making sure you will not miss important compliance requirements.
- Assistance with Opening of Bank Account
We arrange an appointment for the opening of bank account with a local bank. You can use our conference room for free (one-time free usage) to meet with the bank officer for account opening.
- Free 2 transactions limited to Change of Registered Office Address and Change of Appointed Representative valid for 1 year from date of incorporation.
- General Advisory
We provide a 1-hour free advisory where we discuss the matters about Singapore Representative Office which include but not limited to registration, licensing with other authorities and renewal of RO.
