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Foreign Company Registration Options > Representative
Office
Singapore
Foreign Company Registration:
Registering a Singapore Representative Office
Overview
Foreign companies that are keen on exploring the viability of doing
business in Singapore, or are interested in using Singapore as a launch
pad into the Asia Pacific, may wish to register a Representative Office
(RO) in Singapore.
A representative office in Singapore has no legal status, but is merely an
administrative arrangement. Generally, the purpose of the representative
office is to perform liaison services and establish business contacts,
often as a precursor to the commencement of full-scale business
activities in Singapore. Related Topic:
Branch
Office vs. Singapore Subsidiary vs. Representative Office Key Features
- A representative office cannot enter into any business
transactions either in its own capacity or on behalf of the parent
company.
- A representative office in Singapore cannot conclude
contracts, provide consultancy for a fee, undertake transshipment of
goods, open or negotiate any letters of credit.
- A representative office does not have to maintain accounts or
file tax returns in Singapore.
- A Singapore representative office has the benefit of allowing a foreign
company to test out the business environment in Singapore before
committing to any investment decisions.
- A representative cannot
engage in any other business activities but promotional activities.
- Foreign companies wanting to maintain long term operations in
Singapore will be required to incorporate as legal entities in due
course.
Procedure
In order to apply for the Singapore Representative Office approval, an
application has to be completed. In addition, the following
documents are required:
- A copy of the parent company's Certificate of Incorporation
(in English or an official translation)
- The parent company's latest annual report and audited
accounts
- If the applicant is unable to provide the above requested
documents, the applicant must be written to seek
waiver and provide a set of the company brochures and
self-declare the needed information.
Approval can take 2-3 weeks and will usually
be valid for one year. A representative office in Singapore must re-apply for a
continuation of its status after the expiry of the initial period of
approval.
After the registration of representative office, the
foreign company can apply for employment pass for their
overseas personnel that will be relocating to Singapore. The
foreign company can also hire local staff to handle Rep
Office employees.
AsiaBiz will be pleased to assist you with registration of a
Singapore Representative Office and related matters for your
company.
Review Representative Office
Registration Packages
Related Topics
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