Epica FAQ Series
Can a branch company in Singapore be eligible for tax incentives?
Corporate Income tax
A Branch company in Singapore is considered a non-resident company. It is still linked to its parent company in the home country. Thus it is not eligible for any tax incentives.
This is a huge reason, among many others, why most people choose to set up a subsidiary company.
Foreigner Package
New Company Setup
S$2,400
Local Package
New Company Setup
S$1,100
Transfer Package
Existing Company
S$1,000
Singapore Branch
New Branch Setup
S$4,000
Representative Office
New Setup
S$2,500
BVI Company
Singapore Bank Account
US$2,200
