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There's a distinct distinction between incorporating Singapore companies and incorporating foreign companies in Singapore. Singapore company incorporation is easy for foreigners. There are many options available for foreign companies that should not open a full-fledged Singapore company. Instead they can properly extend the operations of their own company into Singapore by forming a branch office or a representative office in Singapore. It is interesting to note that for Singapore company setup, a representative of the foreign company is not essential to travel to Singapore. Providers like Servolve, makes it an easy process. The documentation required would be informed in advance. Once the same is received, incorporation process shall be initiated without further setbacks. The same can be completed within a period of 7-10 working days on average. So what are the options available. Singapore Branch Office A branch office is an extension of the foreign entity. It doesn't have a separate legal entity status in Singapore and any claims against the branch office in Singapore can be directed contrary to the foreign parent. The branch ought to have activities similar to parent entity and cannot indulge in independent activities. The branch is mainly allowed to indulge in activities concerning market research, sales support etc and cannot indulge in activities that are of revenue generating nature. All the revenue generation for such offices should be from the parent company in country of domicile. It is possible for a branch office to relocate employees to Singapore through the option of a Singapore Employment Pass. The branch can remain provided that the parent company is in operation until it is wound up or struck off. There are no renewals necessary for a branch office year on year. Singapore Representative Office A representative office is another form of organisation that foreign entities can adopt in Singapore also. A representative office is not regarded as a separate entity and is only meant to act as a market research office in Singapore. Note that if the company wants to pursue full-fledged marketing and sales activities in Singapore they'll have to obtain registered as a branch office as opposed to as a representative office. A representative office needs to be renewed every year and it has an established life time of only three years after which it has to be converted to a branch office or a Pte.Ltd. mandatorily. For an extensive understanding of how to incorporate a branch or representative office in Singapore, please contact Servolve at info@servolve.com. Servolve is a Singapore based professional services provider. Our service offering include Singapore company setup, corporate secretarial and support services, accounting, taxation and Singapore Visa. For more info, please refer http://www.servolve.com.
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