Once all the requisite documentation is received in order, it normally takes 2 working days to incorporate the subsidiary company.
A subsidiary company is usually preferred for the following reasons:
The key difference lies in the shareholding of the company. A Singapore subsidiary company is a private limited company with corporate shareholders. A subsidiary company is required to file audited accounts and may enjoy some tax incentives.
Yes, all Singapore companies and subsidiaries need to have a registered address in Singapore.
The company must have at least one director who is a Singapore resident.
Typically the following documentation will be required:
* Any documents that are not in English must be officially translated into English.
Yes, the subsidiary will need to appoint a company secretary.
Yes, it is possible to have both corporate and individual shareholders.