Are you interested in the South-Asian markets? It will do you no harm to look beyond the horizon and register a company in Singapore with ACRA to capitalize on a worthwhile opportunity. Singapore is an entrepot that serves East and West. It is also an attractive business hub for foreign MNCs and SMEs to establish their headquarter or regional office to consolidate their business.
Foreigners cannot incorporate a company in Singapore on their own. If you are such an entity, you will make the task simpler by appointing a professional provider of services for company incorporation in Singapore. Here are your options. As per ACRA (Accounting and Corporate Regulatory Authority), you can set up a:
Setting up a subsidiary company is very similar to private limited company registration. Both are basically limited liability companies. Subsidiary’s shareholders are either the local or foreign corporations.
You can also register a branch office with ACRA to extend your business operations. It is considered as an extension of the parent company.
The foreign companies which intend to do market research and surveys in Singapore legally set up a representative office.
Singapore ranks 2nd for the ease of doing business indicator. It has streamlined compliance responsibilities, lower tax rates, strong IP protection, world-class communication networks, infrastructure, sea, and air-links. All these factors are conducive to forming a business.
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