6 reasons why Singapore subsidiary company incorporation is best for foreigners

As a foreign entity plans to incorporate company in Singapore, getting confused about which option to choose for a best long-term business in Singapore is very much possible. Amongst 3 major options of company incorporation that exists for foreign companies, Singapore subsidiary company registration is the best option for most companies, irrespective of their size such as small, medium or large or multinational.

here are 6 key reasons why subsidiary company in Singapore is best option to choose.

 1. 100% foreign share holding is allowed2. Assets of parent foreign company are treated separately3. Local tax benefits can be enjoyed5. Minimum paid up capital is Sgd 16. Tax Reliefs/exemptions for Singapore subsidiary companies

For More information visit this link:

http://precursor.com.sg/6-reasons-singapore-subsidiary-company-incorporation-best-foreigners/

Branch office Vs Subsidiary company in Singapore?

Branch Office and Subsidiary Company in Singapore are two of the most well known and preferred types of company incorporation in Singapore from foreigner’s perspective. In this post, we’re comparing both Singapore branch office and Singapore subsidiary company to help you comparing their pros and cons, specialties and features in order to identify the best Singapore company incorporation option that works for you. 

1. Separate Legal Identity and Asset Protection

A Singapore branch office is considered an extension of the parent company and is not a separate legal entity of its own. This means that the liabilities of a Singapore branch office are derived from the liabilities and assets of the respective parent company that may be located in a foreign nation.

2. Activities conducted

Singapore branch office, as being an extension of its parent foreign company is only allowed to carry out activities defined in its constitution and cannot perform other activities in Singapore that are not aligned with the activities of the respective foreign company.

3. Filing Returns

Singapore subsidiary companies need to Prepare a set of financial statements and to submit their financial statements in extensible Business Reporting Language when filing annual returns with the Accounting and Corporate Regulatory Authority in Singapore.

4. Tax exemptions

Incorporation of branch office in Singapore is not considered a resident for the purposes of tax. Thus,  making it ineligible for tax incentives that are available for private limited companies in Singapore.

For More information visit this link:

http://precursor.com.sg/branch-office-subsidiary-company-singapore/

How to Register Singapore Subsidiary Company

Amongst the various options of company incorporation in Singapore, Singapore subsidiary company can unarguably be said the most preferred and the most favoured incorporation type for foreign entities. This is because of the distinct flexibility it offers, including the ability to register Singapore Company with the permission to have the foreign company owning 100% of the shares while keeping its assets separate.

This means that a Singapore subsidiary company can entirely be owned by foreign company and is considered a separate legal entity from the foreign company, thereby the liabilities are only limited to share capital rather than the entire assets of the respective parent foreign company. 
Another feature that makes it best Singapore company incorporation option is that subsidiary can be treated as a local Singaporean company such as a Singapore private limited. This apparently means that the Singapore subsidiary company can enjoy same benefits of low tax rates as well as government grants like any other local company in Singapore.

For More information visit this link:

http://precursor.com.sg/register-singapore-subsidiary-company/