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  • 1 Coleman Street, #08-07, The Adelphi, Singapore

Subsidiary Company VS Branch Office VS Representative Office

Subsidiary Company Branch Office Representative Office
Name of entity Not compulsory to be the same as the parent company’s. Have to be the same as the parent company’s. Have to be the same as the parent company’s.
Activities allowed to carry out Any type of business activities. Have to be the same as the parent company’s. Promotional and liaison activities on behalf of the parent company.
Benefits 
  • Treated as tax resident in Singapore, hence eligible for local tax incentives.
  • Separate legal entity from the parent company, hence liability is limited.
  • It has perpetual succession unless de-registered.
  • Opportunity for the parent company to explore market and communicate with the local distributors / agents in Singapore.
  • It is perpetual succession unless de-registered.
  • Temporary vehicle to test business prospect before fully investing in Singapore.
  • No statutory obligations to file audited accounts, annual returns or tax returns.
Disadvantages 
  • Fully compliance with the statutory requirements, such as:
  • Filing of audited accounts;
  • Filing of tax returns;
  • Holding Annual General Meeting (AGM);
  • Filing of annual return, etc.
  • Treated as non-tax resident in Singapore, hence not eligible for local tax incentives.
  • Not separate legal entity, hence the parent company is fully liable for the branch’s liabilities.
  • Statutory obligations to file audited accounts and annual returns.
  • Not allowed to carry out business activities.
Officers to appoint At least:

  • 1 Director; and
  • 1 Secretary

who are ordinarily residents in Singapore.

2 agents who are ordinarily residents in Singapore. 1 Chief Representative staff member relocated from the parent company.
Timing required for registration 1 day 1 day 7 days

For more details, please see Subsidiary Company, Branch Office and Representative Office.

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