Branch Office Registration

Branch-Office-Registration

Want to set up branch office in SG, get in touch with SingaporeAudit.com.sg. It normally takes 1-2 days for Singapore branch office registration, after which ACRA sends you a notification for confirmation of your registration. This confirmation will be your official certificate of registration.

If you want to expand your business operations by starting a company in Singapore, then the best way would be to set up a branch office in the country. A Singapore branch office is a legal extension of the parent company located out of Singapore. It is not a separate entity and the parent company is liable to the debts incurred by its Singapore branch office. The primary objective of a branch office is to operate the business in Singapore, and in turn generate revenue and profits for the parent company.

Basic Facts of Singapore Branch Office Prior to its Registration

Name of Branch Office: The name of the branch office in Singapore must be the same as that of its parent company. The name would be approved by ACRA.

Minimum Number of Officers: You need to appoint a minimum of 2 local residents who will be responsible for the business operations of the Singapore branch. The local resident can be a natural citizen of Singapore or a permanent resident or anyone having a valid Employment Pass, Entrepreneur Pass, or a Dependant’s pass.

Company Structure and Functions: The Memorandum and Articles of Association (M&A) of the parent company govern the functions, company constitution, and its shareholders. The branch office does not have a separate M&A in Singapore.

Registered Branch Office Address: You must furnish the registered physical address of the branch office in Singapore in order to setup a Singapore company.

Documents Required to Setup a Branch Office in Singapore

  1. Memorandum and Articles of Association (M&A) of the parent company
  2. Memorandum from the parent company delegating the responsibility of operating Singapore business to the local agents
  3. Director details of the parent company
  4. Incorporation certificate of the parent company
  5. Registered address of the branch office

Registration Process

  • Branch name approval
  • Submission of required documents to ACRA
  • Getting the branch office registered by ACRA
  • Opening of corporate bank account

Post Singapore Branch Office Registration

It takes approximately 1-2 days for the registration of a branch office in Singapore. Once the company is registered, ACRA will send a notification to you confirming your registration in Singapore and provide a branch office registration number. This notification is your official certificate of registration.

At Singapore Audit we provide company incorporation services in Singapore, whereby our team of qualified professionals guides you in the process for company registration including the setting up of a branch office and other related formalities.

Please feel free to contact us on +65 6536 0036 or drop in an email at info@singaporeaudit.com.sg

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