A foreign company which intends to carry on business in Singapore, but which does not wish to incorporate a Singapore company may register a branch under the Companies Act. The registration must be completed before the branch commences business.

Under the Singapore Companies Act, a branch is classified as a foreign company. There must be at least two agents (being natural persons resident in Singapore) who are duly appointed by the company (i.e. head office) by way of a power of attorney or memorandum of appointment.

A foreign company is required to file with ACRA audited Singapore branch accounts and its own audited accounts within two months of the company’s annual general meeting being held. These accounts are available for inspection by the public on payment of a small fee.