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A practical thought

One of the question people sometimes ask us is – what if all this venture does not go as per my expectations ? What if I register company and operate it for 2-3 years but somehow it's not going anywhere - Can I exit out of it easily ?

Sure. In an unfortunate case, if the things don't work out as expected you can always liquidate or strike of the company (meaning effectively close the company) and take back whatever funds are there in the company accounts back to your home country. The cost of striking off of the company is usually between 600-1000 SGD.

 

subsidiary-company

This package is suitable for foreign companies that want to register a Singapore subsidiary but don't plan to relocate any their key executives to Singapore at present. Therefore this package includes the services of our nominee director to satisfy the statutory requirement of a local resident director.

subsidiary-company

This package is suitable for foreign companies who wish to register a subsidiary company in Singapore and relocate one of their key executives to Singapore on an Employment Pass to operate their new business. Under this package, we will first incorporate your subsidiary and then apply for Employment Pass for the key executive.

Representative-office

This package is suitable for foreign companies that wish to register a representative office in Singapore and relocate one of their key executives to Singapore on an Employment Pass. Under this package, we will first register your representative office and then apply for the Employment Pass.

branches-local-agent

This package is suitable for foreign companies that wish to register a branch office in Singapore but don't plan to relocate any of their key executives to Singapore at present. Therefore this package includes the services of two nominee local agents to satisfy the statutory requirement of two local agents.

branches-employment-pass

This package is suitable for foreign companies that wish to register a branch office in Singapore and relocate one of their key executives to Singapore to run branch office operations. As part of this package, we will register branch office, apply for Employment Pass for the key executive (who will act as one of the local agents) and provide nominee local agent service to satisfy the second local agent requirement.

comparison

Each form of establishing new company has each own pros and cons. Which one should be selected depends on parent company's conditions and purposes.

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