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.