Relocating your existing business or setting up a new business in Singapore entails the following process: Choose your business structure by creating your parent company locally, creating a parent company overseas, or turning your foreign company into a parent company in the country. Apply for a work visa by choosing either the Employment Pass (EP) or EntrePass. You may also apply for permanent residence in the country under GIP if eligible. The next step is to transfer business assets and liabilities. Close the account books of your foreign company and deregister yourself. Make sure your company complies with all the local regulations and tax laws. Taking the services of our immigration and corporate secretarial consultants can help you navigate the process of relocating into Singapore.