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Foreign Representative Office

Overview

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.

Foreign Representative Office incorporation

Requirements

To register, you need to fill up the application form and seek approval with International Enterprise (IE) Singapore Approval can take 1-2 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. A representative office can be renewed for a total of no more than 3 years.

 

Documents

Completed application Copy of the parent Company’s Certificate of Incorporation. For Singapore Company Incorporation matters click here. Copy of the parent company’s latest annual report and audited accounts. In case the annual report and audited accounts are not available (for example when the parent company is relatively new), you can self-declare the needed information and provide other supporting details such as company brochures, contracts, website, etc. in support of your application. All documents must be in English otherwise an official English translation of the documents must be submitted. Duly endorsed undertaking to abide by the Terms and Conditions governing the representative offices in Singapore.

 

Compliance

Representative Office is not a legal entity in Singapore hence there is no compliance needed.

 

Taxation

Representative Office is not a legal entity in Singapore hence there is no compliance needed.

 

Foreign Representative Office FAQs

Who is allowed to Incorporate a company in Singapore?

There are no restrictions on the identity of those who plan to incorporate a company in Singapore. Anyone who fulfills all of the necessary criteria is allowed to do so. However, those who fail to fulfill the criteria may not incorporate a Singapore company until they have done so. 

Why is a company Business profile necessary during Incorporation?

The information listed within a company business profile is important because it verifies the details about the company. The company business profile proves that the company is genuine and devoid of the intent to deceive its customers. For this reason, the company business profile (along with the certificate of incorporation) is required for all of the company’s contractual and legal activities.

Is the Tax exemption for Start-ups expected to be revoked?

The tax exemption for start-ups which has been offered by the Singaporean government is currently expected to remain in place for the foreseeable future. The government has always had the intent to develop entrepreneurship in the country. Therefore, it would like to keep this exemption in place to foster the development and growth of start-ups in Singapore.

 

Paul Hype Page & Co. will give you more information and assistance on policy updates, compliance regulations and changes to tax conditions. Corporate tax in Singapore.

Our team of seasoned professional can also help you set up a company in Singapore very quickly and easily following all legal entities, and offer you sound advice on how to make it successful too.

 

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Here, you will find detailed information about Singapore’s Corporate Tax System. Paul Hype Page & Co helps companies with strategic tax planning, tax advisory, and accountancy services.

  • Singapore Tax Planning
  • International Tax Planning

IRAS (Singapore’s Tax Authority) governs Singapore’s tax system, helps develop a stronger economy, better environment and a more vibrant economy. All companies, regardless of industry, have a legal duty to pay taxes.

Singapore attracts investments from around the world by reducing its corporate income tax rate and introducing different tax incentives. Singapore has one of the lowest corporate tax rates in the world.

As your company’s Tax agent , Paul Hype Page & Co Chartered Accountant  will be fully responsible for the practice of ensuring that these conditions are met. It is important that we be highly qualified and well versed in local regulations and corporate laws, as we are responsible for the upkeep of important company files, tax reports and tax records.

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