Subsidiary Company

Setting up a Subsidiary Company in Singapore

A subsidiary company is essentially a private limited company with a corporate entity as the major shareholder. It can be 100% completely owned by the foreign entity. Not only can it conduct its relevant business activities here in Singapore, but also repatriate and account for all of its earnings made. There are no limitations on the number of employees it can have.

Subsidiary Registration

Establishing a Subsidiary Presence in Singapore

To register a subsidiary company the foreign entity needs to satisfy these statutory prerequisites

To register a subsidiary company the foreign entity needs to satisfy these statutory prerequisites

Additionally, the following annual compliance criteria must be fulfilled

Additionally, the following annual compliance criteria must be fulfilled

  • The subsidiary must have a registered office address in Singapore

  • At least one director who is ordinarily resident in Singapore is to be appointed

  • A company secretary to be appointed

  • Submission of annual audited accounts

  • Filing of Annual Returns to be completed

  • Filing of tax returns to be completed

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