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Epica FAQ Series

What must I do to incorporate a branch in Singapore?

Branch Registration

What must I do to incorporate a branch in Singapore?

Setting up a branch in Singapore is completed in two steps.

  • Name approval
  • Entity registration.

This comes with some procedure and conditions:

  • Registration - First of all, you must register yourself with the Accounting and Corporate Regulatory Authority (ACRA). The Singapore branch is only considered an extension of the parent firm and not a separate legal entity.
  • Name - Make sure the branch office name is the same as the parent company. The name must be approved by the ACRA before the registration.
  • Shareholders - Shareholding of the parent company is lodged at the time of Branch registration.
  • Local Agent - A Singapore branch office needs to have at least one agent who is a resident of Singapore. A local agent can be a Citizen, PR, or even an Employment Pass or Dependant Pass holder.
  • Company Secretary - Unlike a new company registration, a branch office is not required to appoint a company secretary. However, it is advisable to go for it.
  • Registered Address - You must have a registered office address. PO Box won't be sufficient.
  • Memorandum and Articles of Association - The parent company must lodge its Memorandum and Articles of Association with ACRA.

Upon registering with the company registrar in Singapore, a Singapore branch office becomes a proper legal entity. Foreign companies cannot self-register themselves in Singapore as specified in the Companies Act. They must engage a corporate Secretarial firm for this.

Foreigner Package

New Company Setup

S$2,400
S$4,000

Local Package

New Company Setup

S$1,100
S$1,700

Transfer Package

Existing Company

S$1,000
S$1,500

Singapore Branch

New Branch Setup

S$4,000
S$5,000

Representative Office

New Setup

S$2,500
S$3,000

BVI Company

Singapore Bank Account

US$2,200
US$3,000

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