Foreign entities that are keen to explore opportunities in the region may wish to set up a Representative Office (RO) in Singapore.
Singapore has established itself as a reputable financial and regional trading centre. It is the world’s busiest transshipment port and a top location for investments in the Asia Pacific region. Factors such as its strategic location, competitive workforce, pro-business environment and forward-looking economic policies positions Singapore as a natural gateway to Asia and the region.
An RO allows you to evaluate the viability of doing business in Singapore and the region before deciding to set up a permanent establishment.
Foreign entities from the manufacturing, international trading, wholesale, trade and trade-related business sectors that are keen on exploring the viability of doing business in Singapore, or are interested in using Singapore as a launch pad into the Asia Pacific, may wish to set-up a Representative Office (RO). By setting up an RO, it allows a foreign entity to assess the business environment in Singapore before deciding to set up a permanent establishment.
With effect from 1 January 2012, an RO of a foreign commercial entity may operate in Singapore for a maximum of three (3) years from its commencement date, provided that the RO status is evaluated and renewed yearly. ROs which decide to continue their presence in Singapore thereafter should register their operations with the Accounting & Corporate Regulatory Authority (ACRA) of Singapore.
All new applications of foreign commercial entitles must fulfill the following criteria:
All ROs must comply with the Terms and Conditions. Please click here for details.