Good Day,
I am seeking for some advice regarding a representative office. My company has had a representative office (RO) in Singapore for 2.5 years which is just 6 months away from the maximum period of 3 years granted for RO in Singapore. After this, we need to either set up a branch or subsidiary, or leave Singapore.
We are waiting for feedback on some important tenders/projects before we want to make the decision of either staying in Singapore with a subsidiary, or leave Singapore. I saw on the Enterprise Singapore website an option to request an "Interim Extension", I am wondering if we could use this to have a 3 months extension before we can make a decision but I am not sure if our reasons are a valid reasons to request for an extension.
Has anybody here already applied for an interim extension? Do you know how it works? Would would you recommend for our company?
Thank you for your help