Form a Singapore Branch Office With Asiabizservices
Form a Singapore Branch Office With Asiabizservices
A Singapore branch office is a business entity for foreign companies planning to have a business operation in the countryA Singapore branch office is a business entity for foreign companies planning to have a business operation in the country and enjoy greater freedom in conducting profit-generating activities.
A Singapore branch is a proper legal entity once registered with the company registrar in Singapore. A Singapore branch is considered an extension of the foreign company and not as a separate legal entity. Unlike a Singapore subsidiary, the parent company of a branch office entity is implicitly liable for all the debts and liabilities of the branch office. A claimant can approach the Singapore courts of law to initiate legal proceeding against the headquarters, by virtue of its branch being located in the Singapore jurisdiction.
Asiabiz offers Singapore branch office formation services particularly in behalf of foreign companies and investors as the latter has yet to earn eligibility by obtaining the necessary Employment pass. As a business solution provider, Asiabiz also handles applications of labor passes.
Asiabiz Services can help you to register your Singapore Branch Office. The Singapore branch office registration procedure consists of only two steps:
* Company name approval, and
* Submitting registration documents.
* Company name approval is obtained by filing an application online with the Companies Registrar. The approval usually comes through within a few hours, provided it does not replicate an already existing name and is not offensive in any way.
* On securing name approval, the documents can be submitted to the Companies Registrar. If the application is complete and there are no additional requirements from the authorities, the Incorporation Certificate will be issued on the same day itself.
Documents required for Branch Office Registration in Singapore:
* A certified true copy of the foreign parent company's Incorporation Certificate,
* A certified true copy of the foreign company's Memorandum and Articles of Association (MAA),
* Foreign parent company's directors' particulars such as nationality, identity card details, residential address, etc.,
* Details of the Singapore Branch's registered office, and
* A memorandum of appointment detailing the particulars of at least two Singapore-resident agents (i.e. Singapore Citizen, Singapore Permanent Resident or Singapore work pass holder) who will act as the authorized agents of the Singapore Branch office.
Note: All documents must be in English or officially translated English copies.
Once you have incorporated a Singapore branch office its registration is valid until it is closed down. There is no requirement to renew registration. and enjoy greater freedom in conducting profit-generating activities.
A Singapore branch is a proper legal entity once registered with the company registrar in Singapore. A Singapore branch is considered an extension of the foreign company and not as a separate legal entity. Unlike a Singapore subsidiary, the parent company of a branch office entity is implicitly liable for all the debts and liabilities of the branch office. A claimant can approach the Singapore courts of law to initiate legal proceeding against the headquarters, by virtue of its branch being located in the Singapore jurisdiction.
Asiabiz offers Singapore branch office formation services particularly in behalf of foreign companies and investors as the latter has yet to earn eligibility by obtaining the necessary Employment pass. As a business solution provider, Asiabiz also handles applications of labor passes.
Asiabiz Services can help you to register your Singapore Branch Office. The Singapore branch office registration procedure consists of only two steps:
* Company name approval, and
* Submitting registration documents.
* Company name approval is obtained by filing an application online with the Companies Registrar. The approval usually comes through within a few hours, provided it does not replicate an already existing name and is not offensive in any way.
* On securing name approval, the documents can be submitted to the Companies Registrar. If the application is complete and there are no additional requirements from the authorities, the Incorporation Certificate will be issued on the same day itself.
Documents required for Branch Office Registration in Singapore:
* A certified true copy of the foreign parent company's Incorporation Certificate,
* A certified true copy of the foreign company's Memorandum and Articles of Association (MAA),
* Foreign parent company's directors' particulars such as nationality, identity card details, residential address, etc.,
* Details of the Singapore Branch's registered office, and
* A memorandum of appointment detailing the particulars of at least two Singapore-resident agents (i.e. Singapore Citizen, Singapore Permanent Resident or Singapore work pass holder) who will act as the authorized agents of the Singapore Branch office.
Note: All documents must be in English or officially translated English copies.
Once you have incorporated a Singapore branch office its registration is valid until it is closed down. There is no requirement to renew registration.
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