Setting up Branch + Employment pass Featured

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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.

  • Package details

  • Process

  • Document

  • Further information

 

 

This package includes following services Reference fees

Branch Office Registration

  •  Name reservation
  •  Preparation of incorporation documents
  •  Registration with Registrar of Companies
  •  Bank account opening assistance
  •  Electronic Certificate of Incorporation
  •  Company profile extract form Registrar of Companies
  •  Minutes of first board meeting
  •  Share certificates
  •  Company seal
  •  Company rubber stamp
  •  Government and our professional fee
 

Nominee Agent for 1 year

The following points should be noted:

  •  A security deposit is required to be held for the duration that a nominee agent service is provided.
  •  Upon terminating our nominee agents service, the security deposit is refunded less any outstanding fees or disbursements.
  •  You are required to complete our client profile form with full disclosure.
  •  The provision of our nominee agent service is subject to the favourable assessment of the client profile form.
 

Employment Pass (EP) application filing for 1 applicant

 

Temporary 2nd Nominee Agent for 2 months

The following points should be noted:

  •  A security deposit is required to be held for the duration that a nominee agent service is provided.
  •  Upon terminating our nominee agents service, the security deposit is refunded less any outstanding fees or disbursements.
  •  You are required to complete our client profile form with full disclosure.
  •  The provision of our nominee agent service is subject to the favourable assessment of the client profile form.
 

 Other optional services used with this package

 Company Registered Address (RA) for 1 year

 Dependant Pass for spouse

 Dependent Pass for child (per child)

 

 

 

Step 1: Submit Your Request

Let us know that you wish to proceed forward with this package by completing the form listed under Next Steps section. Upon receipt of your request, one of our senior staff members will follow-up with you to clarify any questions you might have and to advice you of the next steps.

Step 2: Provide Branch Office Registration Details

We will send you a link to a form for providing us with the necessary branch office registration details. You will need to complete this form and send it to us so we can prepare the necessary registration documents.

Step 3: Make Payment

Upon receipt of the completed form, we will send you an invoice for our services. In order for us to commence our services, you will need to make payment as per the invoice sent to you. We accept bank transfer, local cheque, cash, or credit card.

Step 4: Prepare Branch Office Registration Documents

Upon receipt of the payment, we will prepare the necessary incorporation documents and email them to you for signing. If you are in Singapore, you can visit our office and sign the documents.

Step 5: Register Branch Office

Upon receipt of the signed registration and supporting documents from you, we will proceed to register the branch office entity with Registry of Companies i.e. Accounting and Corporate Regulatory Authority of Singapore (ACRA).

Step 6: Open Bank Account

Once the branch office has been registered with ACRA, we will assist you with opening of a corporate bank account for the new branch office.

Step 7: Prepare and File Employment Pass Application

In parallel to steps 5 & 6, we will work with you to prepare the Employment Pass application and supporting documents. Once ready, we will then file the Employment Pass application along with supporting documents and wait for the outcome.

Step 8: File an Appeal If Necessary

In case your EP application is rejected initially, we will explore the reasons with authorities and then prepare and file an appeal (at no extra cost) accordingly.

Step 9: Arrange for Employment Pass Collection

Upon receipt of the Employment Pass approval letter, you will be required to visit Singapore to collect your pass. We will assist you in scheduling an appointment with authorities for the issuance of the pass.

Step 10: You Are Ready To Go

After you have collected your Employment Pass, you are ready to relocate to Singapore and start work for the branch office.

The whole process can take 2-3weeks

 

 

Documents Required For Branch Office Registration

For parent company

    •  A certified copy of the Certificate of Incorporation or registration in its place of incorporation or origin or a document of a similar effect. Must be certified by the Registrar of Companies.
    •  A certified copy of its Charter, Statute or Memorandum and Articles or other instrument constitution or defining its constitution. Must be certified by the Registrar of Companies.
    •  A certified true copy of the current extract of the parent company's particulars, including the list of its directors and their personal particulars, i.e. passport no., residential address, nationality,date of birth, date of appointment as director of the foreign company (please provide clear copies of certified true copy of the directors passport).
    •  Where the list includes directors resident in Singapore who are members of the local board of directors, a memorandum duly executed by or on behalf of the foreign company stating the powers of the local directors.
    •  A Memorandum of Appointment or Power of Attorney under the seal of the foreign company or executed on its behalf in such manner as to be binding on the company, stating the names and addresses of 2 local agents authorized to accept on its behalf service of process and any notices required to be served on the company. The Memorandum of Appointment or Power of Attorney must be verified and accompanied by a duly signed Statutory Declaration (for Commonwealth countries) or Affidavit (for non-Commonwealth countries).

For each local agent:

      •  Copy of Singapore IC; and
      •  Copy of passport if the individual is not a citizen of Singapore

For compliance with our nominee local agent service:

      •  Personal bank reference letter (see sample) for at least one shareholder and director
      •  Completed know your client form along with resume / CV and passport

Documents Required For Employment Pass Application Filing

      •  Completed EP application
      •  Copy of passport
      •  1 passport size recent photo
      •  Copies of educational certificates (above high school)
      •  Copy of resume
      •  Copies of past employment testimonials, appointment letters, etc, if available
      •  Tenancy agreement for business operations address in Singapore
      •  1-2 page document that outlines a) detailed description of the duties to be performed by the applicant; and b) detailed description of activities and/or products of the company
      •  If you have a similar existing business overseas, it would be helpful to provide details such as audited accounts, brochures, client contracts, website details, etc.

Documents Required For Dependant Pass For Spouse

      •  Completed DP application
      •  Copy of passport
      •  1 passport size recent photo
      •  Copy of marriage certificate
      •  Educational details
      •  Salary details for the most recent employment held, if any

Documents Required For Dependant Pass For Child

      •  Completed DP application
      •  Copy of passport
      •  1 passport size recent photo
      •  Copy of birth certificate showing the names of both parents
      •  School enrollment details in an educational institute in Singapore

Please note the following:

      •  All documents must be in English or officially translated in English;
      •  All copies of documents must be certified true copies by a notary public or you must bring the originals to our office for sighting;
      •  If you are overseas, you can email us the scanned copies of documents so we can proceed with preparing the necessary incorproation documents. However we must receive the certified true copies (or sight the originals at our office) before we can incorporate the company.
      •  Our compliance department may ask for additional information if necessary.

 

 

Features of a branch

  •  The branch office name must match that of the parent company.
  •  It is considered to be an extension of the foreign parent company.
  •  It does not have a separate legal identity from the parent company.
  •  Two staff members (either residents or non-residents) must appointed to act as agents.
  •  The role of the agents is to support the operations and administration of the Branch Office.
  •  The foreign parent company is liable for the acts, losses and debts of its branch office.
  •  Non-resident staff acting as agents and relocating to Singapore must obtain an Employment Pass.
  •  The foreign parent company’s Memorandum and Articles of Association will dictate the business activities of the branch office.
  •  Must have a registered office address in Singapore

Branch Office Registration Requirements

  •  1 Corporate shareholder
  •  Appoint at least 2 resident agents who represent the company. Agents can be residents or non-residents.
  •  Company name must be the same as the parent company
  •  Minimum paid-up capital of ONE share in any currency of any denomination (eg S$1)
  •  A local registered office address

Time for incorporating a branch

The actual incorporation of a branch company in Singapore can be completed in a few hours as the whole process is computerized. However, the overall process can take anywhere from one day to few days depending on the following factors:

  •  Name reservation: Before a branch can be incorporated, its name has to be reserved first. Assuming there are no objections to the name proposed, the name reservation process can be accomplished in less than an hour. However, if the name conflicts with an existing name or if the proposed name contains some sensitive words that may require a review by relevant authorities, the name approval process can be postponed to few days or weeks.
  •  Signing of incorporation documents: If you are in Singapore, this is a quick and easy process. However if you are located overseas, the logistics involved in signing and sending the signed documents can take few days.

Time for processing EP

When the Employment Pass application is filed online, it takes anywhere between 1 to 10 working days to receive the outcome notification from authorities.. It may take longer during peak periods or when additional information is required from the various economic agencies.

When the Employment Pass application is filed manually, it takes anywhere between 3 to 6 weeks to receive the outcome notification from authorities.. It may take longer during peak periods or when additional information is required from the various economic agencies.

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Global Links Asia

Support to Incorporate companies in Singapore, ...

Viet Nam office: 151 Dao Duy Anh St., Phu Nhuan dist., Ho Chi Minh city, Viet Nam

Singapore office: 11 Beach Road, #03-01 Crasco Building, Singapore

Hotline: (+84) 0938 531 588   (+65) 3163 4102   

Website: www.globallinks.asia
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