Can a foreign company be transferred to Singapore as a Singapore company?

Yes, a foreign company above a certain size can transfer to Singapore as a Singapore company through re-domiciliation, keeping its corporate history and existing contracts. If the company is smaller, setting up a new company is considered instead.

Under ACRA's criteria, the company must meet two of the following: total assets over S$10,000,000, annual revenue over S$10,000,000 and more than 50 employees, and the laws of its home jurisdiction must allow the transfer abroad.

• If the size requirements are met: re-domiciliation can be considered.
• If the size requirements are not met: consider setting up a new company in Singapore and adjusting the shareholding structure or transferring the business.
• For a Korean company: first check whether a transfer abroad is possible under Korean law.

For a structure review, you can request a consultation through the Lee Kim Alliance Contact page.

As of November 2026, source: ACRA