Representative Office for Foreigner
BACKGROUND :
MR A plan to move his business footprint into Singapore . Please advise .
POINT TO TAKE NOTE
- Mr A is foreigner who not holding any valid pass in Singapore
- what is his intention ( to study market ? to setup company ?)
SOLUTION
To setup Singapore Representative Office (SRO)
Singapore Representative Office is the best business vehicle for business study before making decision to incorporate company .
Overview of SRO :
- No compliance issue with authorities ( annual filing does not applicable here )
- low maintenance cost ( No appointment of company secretary, accountant , auditor )
- not allow engaged in any trading activities
- not allow to issue invoice
- its existence is subject to International Enterprise Singapore approval
TO SETUP PTE LTD COMPANY
- Click here to check what is the basic important note you need to know