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Foreigner setting up a company in Singapore

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A Foreign Company Relocating to Singapore

If you are a business leader, seeking to take advantage of the opportunities in Asian emerging markets, start with Paul Hype Page & Co. We have an operational office in Singapore, Malaysia, Indonesia and have helped our clients to expand their business in Australia, China, Hong Kong, Myanmar, Singapore, and Vietnam.

Our services extend beyond the competitors. Whether you are looking to open a subsidiary, branch, or headquarters, we are prepared to advise you. When you employ our firm, you also employ a Certified Public Accountant and Tax Attorney with big four experience.

At Paul Hype Page & Co, we are Singapore professional firms that focus on Asia and Oceania regions. Lot of overseas companies uses Singapore as their regional office to expand to Asia.

We can assist in your business expansion or investment in these areas by providing a one-stop service for all the consulting and professional services from planning to execution and yearly compliance issues.

Our Services range from International tax planning, Incorporation, Accounting, Legal, Human Resource and running your daily operation .

Depending on your needs, we have  the following Paul Hype Page Solution for your reference :

The Paul Hype Page Solution

expanding to Asia

Relocate and Incorporation Singapore Regional HQ for Asia Expansion

We can assist you in expanding your Business operation to  Asia using Singapore as your Asia Regional HQ seamlessly.

Summary steps for Singapore Incorporation with 1 year Nominee Director

Time req. ~7 Days


  1. Please use online platform ibizfile (click link below) to register and fill in your incorporation details.
    See Sample Video:–PfEz92JVM
  2. Make an appointment at our office, or over the phone:
  3. Email us the foreign director and shareholder’s document (See below for details)
  4. Pay the invoice in full so we can start
  5. Sign the Nominee Director Agreement and Resolutions
  6. Open a bank account
  7. Apply for Employment Pass Visa if any director or manager wants to relocate to Singapore (Optional)

Click here more information about Singapore Incorporation with Employment Pass.

Requirement of Local Resident Director

Under the Company Act to incorporate a company, you need to have at least one local resident director and it is not a requirement for them to hold shares in the company . To be consider as local resident director are:

1) Employment Pass Visa Holder ,

2) Dependent Pass Visa Holder,

3) Permanent Residence Visa Holder or

4) Singapore citizen



Nominee Director Deposit:

The deposit is used to cover the company strike off cost (when requiured) as breakdown as below:
1) To strike off a company , Service fee $800
2) annual compliance in order to strike off – $2,640, the details are in this link:
3) Lawyer fee to issue notice for strike off of company and misc cost – $1,200 to $1500

*Refund of the Deposit:
The deposit is fully refunded when you found your local resident director as replacement or approval of your employment pass visa.

Comparison of Company, Subsidiary or Representative office

Below is some information to share with you the differences between a branch or subsidiary or represent office.

  • Incorporate a Branch in Singapore

A branch of the foreign company that operates in Singapore is legally part of the foreign company and is not its own entity. This is an important point since it means that the foreign company’s head office bears the ultimate responsibility for any liabilities arising due to the acts of commission or omission of the Singapore branch office. Normally, Singapore branch office is non tax resident in Singapore and therefore, there is no tax exemption or advantage compared to Singapore company. However, Singapore branch of a foreign company is considered resident in Singapore if the control and management of its business are exercised in Singapore. Such companies will not need to pay taxes twice on foreign-sourced income under the Double Taxation Agreements (DTAs).

Prior to establishing a place of business or commencing business in Singapore, a foreign company must register itself as a branch with the ACRA. A foreign company is defined in the Companies Act as:

  • A company, corporation, society, association or other body incorporated outside Singapore, or
  • An incorporated society, association or other body which, under the law of its place of origin, may sue or be sued, or hold property in the name of the secretary or other officer of the body or association duly appointed for that purpose, and which does not have its head office or principal place of business in Singapore.

A branch must have at least 2 authorised agents who ordinarily are resident in Singapore. A list of the directors of the head office has to be notified to the ACRA. A branch must have a registered office in Singapore.

Advantage of a Branch: It is administratively easier to maintain than a company. In addition, closing a branch is easier than liquidating a company.

Disadvantage of a Branch: The liabilities of a branch extend to its head office. A branch having a registered office in Singapore means that its head office (foreign corporation) can be served with legal process in Singapore. Another disadvantage is that the accounts of the head office must be lodged with the ACRA and they are available for public inspection.

  • Incorporate a Subsidiary in Singapore

A Singapore Subsidiary Company is a Private Limited Company incorporated in Singapore whose major shareholder is a foreign company.

A Singapore Subsidiary Company can have the full ownership of the foreign company and is considered as a separate legal entity. The subsidiary company doesn’t have any liability to the foreign company as its liability is limited to the share capital it has subscribed.

Advantage of a Subsidiary:

The subsidiary company gets the benefit of several tax exemptions as it is considered as the local company. Further, it will not implicate the head office with legal or financial problem as it is considered as a legal entity.

Disadvantage of a Subsidiary:

As a subsidiary, it means that there is a corporate shareholder and accordingly to Singapore Company Act, it is required to be audit yearly and will increase the compliance cost.

Incorporate a Representative Office 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.

Advantage of a Representative Office:

It will cost relatively lesser when setting up a representative office compare to other type of entity in Singapore.

Disdvantage of a Subsidiary:

As a represantative office, it means that there is a legal status hence it cannot perform any sales activity and go to any contract signing. From a commercial point of view, business parties will deem less willing to work with RO as it is not a legal entity in Singapore.

Comparison Chart for Subsidiary Company Vs Branch Office Vs Representative Office

TypesSubsidiary CompanyRepresentative OfficeBranch Office
Entity NameNeed not be the same as parent companyMust be the same as parent companyMust be the same as the parent company
Allowed ActivitiesCan conduct all business activitiesCan only conduct market research or coordinating activitiesMust be the same as the parent company
Suitable ForFor local or Foreign Companies that wish to expand their operations in SingaporeFor Foreign Companies that wish to set up temporary vehicle in Singapore to conduct research and act as liaison officeFor Foreign Companies that wish to expand their operations in Singapore
DisadvantagesContinuing Compliance Obligations eg Financial Reports, Audit, AGMS, etcIt is a temporary vehicle and cannot generate revenueContinuing Compliance Obligations eg Financial Reports, Audit etc
OwnershipCan be 100% foreign or locally ownedNo OwnershipOwned 100% by the head office
Separate Legal EntityYesNoNo
Cap on Number of MembersYes, max 50Not ApplicableNot Applicable
Minimum Setting up RequirementMin One shareholder that can be an Individual or corporate (100% local or foreign shareholding allowed. Must have at least one resident directorMust appoint a Chief Representative who will relocate from headquartersMust have two Singapore Resident Agents
Limited LiabilityYesNoNo
Need for Audited AccountsYesNoYes
Filing of Accounts with ACRA and IRASYesNoYes
Annual FilingMust file audit report of subsidiaryNot ApplicableMust file branch office’s as well as parent company’s audit reports
Tax TreatmentTaxed as Singapore resident entity, local tax benefits availableNot ApplicableTaxed as non-resident entity, local tax benefits not available
Tax BenefitsA subsidiary company, with at least one individual shareholder with minimum of 10 percent shareholding, is entitled to local tax incentives and rebatesNo Corporate tax. Employees have to pay personal taxPartial tax exemption
Cessation of Business upon Death of a Member/PartnerNo. Equity shares go on in perpetuityNot ApplicableNo
Validity PeriodPerpetually until deregisteredThis is a temporary Setup. It is intended not to last more than 3 yearsPerpetually until deregistered
Normal Registration Time3 hours3-5 days3 hours
Appointment of OfficersMust appoint at least one local resident directorMust appoint a Chief Representative who will relocate from headquartersMust appoint two resident agents
Governing BodyACRA & IRASInternational Enterprise SingaporeACRA & IRAS

Personal Tax for staff relocated to Singapore

Personal income tax is imposed only on the income sourced within Singapore. The income earned outside Singapore is exempt from taxation.The quantity of income tax liability of an individual depends on individual’s tax residency in Singapore. There is a difference in amount between residents and non-residents.

Personal Tax Rates

Click here more information about  Personal income tax in Singapore.



Solution & Service Fees

When entering a new market, the opportunity for generating wealth is weighted by the risk of loss. Faced with uncertainty, on the ground knowledge and market experience is essential to make informed decisions.

Paul Hype Page & Co. provides added value beyond our competitors. We employ Certified Public Accountants and Tax Attorneys to assist you in the next stage of your growing business.

At Paul Hype Page, you don’t pay us by the hour. You gain from the value in that hour.


Company RegistrationS$800
Acra Registration FeeS$315
Appointment of Company Secretary (for 1 year)S$600
Nominee Director (for 12 months)S$3,800 onwards
Registered Office Address (for 1 year)S$240

Call  +65 6221 4711

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Hello, this is Dong Jin Kim from South Korea.

I am a CEO of company name Eastend, and we are Fashion E-commerce company.
I started this company about two and half years ago, got 3 million dollars funding in Korea, and have total revenue about million dollars up to total.

I want to expand my business to East Asia market, by relocating our company to Singapore, or want to make 100% subsidiary at Singapore.

First reason, I want to do is to get better funding from World best VCs,
Second reason is to go Indonesia, Malaysia, Vietnam and Singapore market with Fashion brands.

We have 6 different fashion brands and we manufacture from Vietnam, China, and Korea.

I am a serial entrepreneur and this is my 3rd company, I have exited once, and I have failed once, and this is my last journey as I hope.

I am a fast mover who when decide things to do, I move the action right on to it.

I will wait for your respond and advise.

I hope we can be a long time good partner for Singapore and East Asia market.

I believe in the following quote.

“If you want to go quickly, go alone. If you want to go far, go together.”

I will wait for your respond.

Thank you.

Dong Jin Kim

angela ng says:

Dear Dong,
Singapore is the best place to expand your business, with good international tax planning and the right company setup, you should go far.
Our corporate specialist will drop you an email with more information and you can take it from there.
See you in Singapore!