Singapore Subsidiary
Legal Status
A Singapore Subsidiary is a locally incorporated company which can be 100% owned by foreign individual and corporate. It is separate legal entity from its members and directors. Members have limited liability.
Entity Name and Suffix
The choice of name of a Singapore Subsidiary is subject to approval by the Accounting and Corporate Regulatory Authority (“ACRA”).
The Company suffix is PTE.LTD or PTE.LIMITED
Business Activities
The company can conduct all business activities as registered. The nature and extent of a Singapore Subsidiary’s activities are governed by its Constitution (commonly known as “M&AA”).
Officers
A Singapore Subsidiary must have at least one director who must be ordinarily resident in Singapore. A Singapore citizen, a Permanent Resident of Singapore or an expatriate holding a valid employment pass may act as the resident director.
Shareholders
A Singapore Subsidiary may be incorporated with only one shareholder who can be the individual or company. There is no requirement for shareholder(s) to be resident in Singapore.
Statutory Registers
A Singapore Subsidiary is required to keep certain statutory registers and minute books under the Companies Act, Cap. 50.
Registered Office
A Singapore Subsidiary must have a local registered office.
Singapore Branch
Legal Status
A Singapore Branch is the entity as the parent company (“Head Office”) which incorporated outside Singapore.
Branch is not a separate entity but only an extension of its Head Office. Any action against a Branch is tantamount to an action against the Head Office.
Entity Name and Suffix
The name of the Singapore branch office is required to be the same as the head office and need to obtain a approval from ACRA before registration. The branch suffix is Singapore Branch.
Business Activities
The branch must conduct be the same business as the Head Office. The activities of a Branch are governed by the Memorandum and Articles of Association (M&AA) and/or By-laws of the Head Office.
Officers
A Singapore Branch is required to have at least 1 local authorised representative and a registered office in Singapore
Shareholders
Depends on the Constitution/M&AA of the Head Office.
Statutory Registers
It is advisable to keep all the statutory registers and minute books in the registered office in Singapore.
Registered Office
A Singapore Branch must have a local registered office.
Types of Singapore Companies >>
Singapore Company Formation >>
We are regularly holding webinars. To make the dream of starting your overseas business come true with us.
Premia TNC YouTube >>ank Acount ope
Premiatnc
Related Posts
2025 동남아 이커머스 결제 트렌드: BNPL이 바꾸는 소비시장
동남아 이커머스 시장, BNPL이 주도한다! Z세대 중심 결제 트렌드부터 주요 핀테크 기업, 마켓플레이스 적용 사례까지. 글로벌 페이먼트 전략은 지금부터 시작입니다.
틱톡몰 입점 전략의 정석: 왜 모두가 ‘홍콩 법인’을 선택하는가?
틱톡몰 입점 전략, 왜 모두가 ‘홍콩 법인’을 선택할까요? 글로벌 PG 연동, 외화 계좌 개설, 절세 구조까지 — Premia TNC와 함께 TikTok Shop 진출의 해답을 확인하세요.
“베트남은 지금 거래 시스템이 바뀌고 있다”- 디지털 기반 세무개편, 그리고 한국 ICT기업의 기회
베트남 세무 시스템이 디지털로 전환 중입니다. 전자세금계산서, 무현금 결제 의무화 속 한국 ICT 기업의 진출 기회를 확인해보세요.
비즈니스 / 컨설팅 문의하기
비즈니스 / 컨설팅 문의하기
