What are the options for a foreign company looking to expand their business to Singapore?
Foreign companies can set up operations in Singapore in four different ways:
- Transfer of Registration [Re-domicile in Singapore]
- Setting up a Representative Office
- Incorporating a Subsidiary / Local Company
- Registering a branch of a Foreign Company
A foreign corporate entity may choose to transfer its registration to Singapore (re-domiciliation). In doing so, the foreign entity will become a Singapore company and is required to comply with the Companies Act. Find out more about applying for re-domiciliation.⋮Foreign companies interested in exploring potential business opportunities in Singapore may set up a Representative Office (RO) before committing to a business venture. It allows a foreign entity to assess the business environment in Singapore before deciding to set up a permanent establishment.