With an average of 3 company set up per month (major groups, SMEs-Small and Medium-sized Enterprises, startups and future entrepreneurs), the French Chamber of Commerce is a major actor to incorporate a company or a subsidiary in Singapore. Benefit from our expertise, up to date knowledge and our wide range of personalised services to answer your needs.
Your company deserves solid foundations to develop successfully in Asia from a secure Singapore base. Key benefits of setting up in Singapore:
1 - Representative Office (RO): simple but temporary entity (1 to 3 years) with no legal business structure. The only goal of a RO is to conduct market research in Singapore and Southeast Asia on the viability of setting up a permanent business entity here.
2 - Private Limited (Pte Ltd): independent legal entity with limited liability of its associates. This permanent legal entity will be able to expand the company’s commercial activities in the region.
3 - Branch: the foreign-based headquarters controls the local company and is responsible for its liabilities. It must carry out the same activities as the HQ.
4 - Sole Proprietorship: simple to set up and less costly to administer, as compared to a company. The registration has to be done every year, it is not a separate legal entity from the business owner who is is personally liable for all the debts and losses of the entity.
Nexira group decided to implement its new Asian subsidiary in Singapore in 2020. French Chamber of Commerce in Singapore offered a great support to efficiently lead this project to success."The team is well aware of all the latest local regulations, bringing clear guidelines for company registration, administrative setup, and employees visas applications. Since our Singapore subsidiary is created, we decided to continue to work with FCCS services on a daily basis: Nexira Singapore rents offices within the French Chamber premises; being part of the dynamic ecosystem of companies working here. Being a member also gives the opportunity to attend to various events organized all year round. Our experience with FCCS business services has been very positive; we are glad to recommend it for overseas companies willing to create an entity in Singapore."
"Labeyrie Fine Foods is greatly satisfied with the high-quality professional assistance provided by the FCCS in setting up our Singapore entity. Throughout our partnership, we have utilised a variety of services and found the FCCS team to be extremely supportive, offering invaluable personalised guidance. Together, we efficiently established the subsidiary, and they effectively helped us securing the work pass for our first key employee. Presently, we are enjoying the facilities and welcoming atmosphere of their Business Centre, creating an ideal setting for our business activities. We highly recommend the FCCS's services to companies of any size and any sector, looking to venture into the Singaporean and regional markets."
“BEL Group has been very delighted with the services provides by The French Chamber of Commerce (FCCS) when setting up the Singapore subsidiary. The FCCS has been able to handle various topics (work and family passes, rent of offices, connection with other service providers such as lawyers, auditors, etc.) and provide us with very good quality and helpful advice all along the process. Bel Group strongly recommend the FCCS for any person who is willing to enter in the Singapore market.”
The Chamber
Vous voulez découvrir les marchés de l’Asie du Sud-Est et étudier les opportunités d’affaires pour votre société mais vous n’êtes pas prêt à créer une...
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