The economic development of Singapore has led to an increasing number of foreign companies setting up operations here. Among the types of structures available for registration for foreign entities are branch offices, subsidiaries and representative or liaison offices. The last ones are suitable for companies wanting to have a permanent establishment in Singapore and benefit from the city-state’s double tax agreements. Since 2012 foreign enterprises may register liaison offices for a maximum period of three years after which the status of the company must be changed and registered with the Singapore Trade Register.
Our lawyers in Singapore can provide you with more information about the new legislation on representative offices.
Foreign companies are subject to several conditions in order to be allowed to open representative offices in Singapore. These are:
It must be noted that the Singapore liaison office is only allowed to carry out activities with a non-commercial purpose, such as:
The Singapore representative office must renew its status every year and must bear the name of the parent company.
The video below presents the main steps and requirements to open a liaison office in Singapore:
When starting a liaison office in Singapore, the parent company must submit the following the documents:
The documents must be filed with International Enterprise by a professional or by a law firm in Singapore.
If you need assistance in setting up a liaison office in the city-state, do not hesitate to contact our Singapore lawyers.
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