Singapore Branch Office
Key Information to Note
- Statutory requirement of at least one local authorized representative
At least one local resident representative is required. A management staff who will be relocated to Singapore must obtain an Employment Pass first before being appointed as an authorized representative. We offer application of Employment Pass as an additional service.
- Statutory requirement to provide a Registered Office Address
From the date of incorporation, the branch 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.
- 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 the branch office. 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 branch office’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 Registration of Singapore Branch Office
- Registration of Singapore Branch Office
We will prepare all necessary forms and documents and perform the registration of branch office with ACRA. The package fee includes the application fee of S$315.
- Provision of Company Secretary
Our package comes with complimentary company secretary service for the first year of branch office’s incorporation. Company Secretary is not mandatory but it is good to have to make sure that someone is keeping track of the statutory and legal requirements of branch office.
- 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 branch office which include but not limited to registration, licensing with other authorities and other statutory requirements.
