123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Setting Up A Subsidiary Company In Singapore

Profile Picture
By Author: John Media
Total Articles: 34
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Companies are always looking to expand its reach and develop the business while attempting to corner a bigger share of the market. The best way to expand operations would be to create a business presence in different territories, thereby generating new revenue and creating a relationship with new customers. Foreign companies may gain entry into the Singaporean market by creating a Subsidiary Company, a Branch Office or a Representative Office.

No matter what type of business entity a firm chooses to establish, companies have the option of relocating to Singapore or running company operations from abroad. For businesses that choose the former, obtaining an Employment Pass for management staff would be required.

According to Singapore business laws, a subsidiary is an incorporated private limited company that has the majority of its shares held by a foreign or local corporation. Business registration specialist Asiabiz said that a Subsidiary Company in the country is considered a resident company. For instance, a newly incorporated Subsidiary Company, provided that it has at least one individual shareholder and a ...
... minimum of 10% shareholding, is eligible for tax exemptions that require a payment of zero dollars for the first S$100,000 of chargeable income.

Options for Subsidiary Setup

There are two options for setting up a subsidiary company in Singapore. The first option involves relocation of staff. A company that will relocate its staff to the country must accomplish two tasks, according to Asiabiz. A business must be incorporated as a Subsidiary Company and it also must obtain an Employment Pass. The requirements must be accomplished in that order. An Employment Pass application can only be filed the incorporation of the Subsidiary Company.

The other option would be setting up a Subsidiary Company without relocation of staff. Companies that opt for this set-up are required, however, to name a local resident director when incorporating a company. Rivkin offers a Nominee Director Service to answer the requirement.


Resource Box:
Asiabiz is the leading Singapore Company Registrar. It has successfully helped thousands of foreign entrepreneurs acquire their Singapore Subsidiary Registration. Our office is located at Raffles Place, in the heart of the Singapore business district. ("CBD")

Total Views: 159Word Count: 356See All articles From Author

Add Comment

Business Articles

1. Unveiling The Material Characteristics Of Plastic Parts
Author: adam.xu

2. Top 5 Beach View Resorts In Chennai For A Memorable Getaway
Author: greenmeadows resort

3. Relationship Counselling Den Haag Brings The Best Chance To Understand Each Other’s Needs!
Author: Angelika Matthias

4. Web Development Company: Guide For Hiring The Best
Author: Sagar Tech

5. Make A Business Website To Get Started Online
Author: Sagar Tech

6. Elevate Your Software Quality With Agile Advisors: Premier Software Testing Consultancy In Dubai, Uae
Author: kohan

7. Affordable Polyester Pleated Mesh From Top Manufacturers
Author: pavitra

8. Empowering Sustainable Development: Agile Advisors As Your Trusted Leed Certification Consultant In Dubai And Uae
Author: kohan

9. Buy Cats Eye Gemstone Online In Ahmedabad
Author: rishabhjains

10. Why Data Destruction And Sanitisation Are Important
Author: Destruction and Sanitisation

11. Stock Market Update: शेयर बाजार में लगातार चौथे हफ्ते बढ़त: क्या तेजी बरकरार रहेगी? जाने इस हफ्ते किन महत्वपूर्ण पहलुओं पर ध्यान देना चाहिए
Author: M Ratlami

12. Perfect Happy New Year Gift For Your Girlfriend Thoughtful Ideas For 2024
Author: MyFlowerTree

13. China Valmax Valve Co., Ltd
Author: China Valmax Valve Co., Ltd.

14. Mastering Clipping Path In Photoshop: A Guide To Precision Editing
Author: Sam

15. Expert Emergency And Cosmetic Dental Care Services For Families And Individuals In St. Louis
Author: Jessica Williams

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: