Business Services
We know that starting out can be tough , expensive and tedious. We want you to concentrate on building your core business and leave the rest to us. We work with partners to provide you with affordable and quality Corporate Services with preferential rates and access to an experienced team who will make sure that all your records and obligations are in good order.
Company Incorporation
Why start a business in Singapore?
Singapore is a small nation in Asia with a state-of-the-art infrastructure, free market economy, a stable socio-political environment and an attractive tax regime for setting up a company. To operate a Business in Singapore, you must first formally register with the Accounting and Corporate Regulatory Authority (ACRA). Our partners provide you with affordable and quality Corporate Services with preferential rates and access to an experienced team of 10 who will make sure that all your records and obligations are in good order.
You may register a Private Limited Company, Sole Proprietorship or Limited Liability Partnership in Singapore. In general, most entrepreneurs register a Private Limited company due to its scalability, limited liability protection and corporate tax benefits for the first 3 years of assessment. Do feel free to contact our Service Consultants on matters relating to incorporating a business in Singapore.
Company Incorporation Packages (Local Entrepreneurs)
These packages are for local entrepreneurs or foreign entrepreneurs with a local resident director
BIZ STANDARD
S$628yearly
ACRA Government Fee S$315
Company Name Application
Company Business Profile
Company Constitution
Mobile Banker
1 Year Company Secretarial Services
Email Notifications of Government Filing Deadlines
Prepare Minutes for Annual General Meeting
Free Self-Inking Round Stamp
Shared Fax Service
30 Days Payboy Trial (MOM Compliant HR Software)
BIZ PREMIUM
S$668yearly
All Items in Biz Standard Package
+ 18 Months Company Secretarial Service
+ 18 Months Company Registered Mailing Address (Add on $100, Usual S$162)
+ Email Notifications of Incoming Mails
+ 30 Days Payboy Trial (MOM Compliant HR Software)
+ Free 2 Hours Use of Meeting Room (Worth S$60)
BIZ PROFESSIONAL
S$2480yearly
All Items in Biz Premium Package
+ Annual Accounting Services
Up to 200 Transactions Per Year
Additional 50 transactions at S$120
+ Compilation of Unaudited Financial Statements(Company Level)
+ Annual Tax Filing (Form C/C-S) & excludes XBRL Filing
+ Free 2 Hours Use of Meeting Room (Worth S$60)
Company Incorporation Packages (Foreign Entrepreneur)
These packages are for foreign entrepreneurs without a local resident director and require Nominee Director Service. You do not need to pay for the annual Nominee Director Service once you have obtained an Employment Pass or when you appoint your own local resident director.
Foreign Entrepreneur who wish to work and live in Singapore can apply for an Employment Pass from the Ministry of Manpower after a few months upon incorporating your company. Application is opened to all nationalities who meet the following requirements
- Work in a managerial, executive or specialised position
- Have a professional qualification, specialised skill or a good university degree
- Monthly salary of at least S$3,600
Application is subjected to approval. Those who are successful in their application can also apply for Dependant Pass for their family to live in Singapore. We can assist you in applying for the Pass with the BizPlus 2 Package.
BIZ PLUS 1
S$2600yearly
ACRA Government Fee S$315
Company Name Application
Company Business Profile
Company Constitution
Mobile Banker
1 Year of Company Secretarial Services
1 Year of Nominee Director Service
1 Year Company Registered Address
Shared Fax Service
Email Notifications of Government Filing Deadlines
Preparation of Minutes for Annual General Meeting
Free Self-Inking Round Stamp
Refundable Security Deposit S$2,000 Applies
Free 2 Hours Use of Meeting Room
BIZ PLUS 2 (With Employment Pass)
S$3800yearly
ACRA Government Fee S$315
Company Name Application
Company Business Profile
Company Constitution
Mobile Banker
1 Year Company Secretarial Services
1 Year of Nominee Director Service
1 Year Company Registered Address
Shared Fax Service
Email Notifications of Government Filing Deadlines
Preparation of Minutes for Annual General Meeting
Free Self-Inking Round Stamp
Refundable Security Deposit of S$2,000 Applies
Employment Pass Application (Up to 2 Attempts)
Free 2 Hours Use of Meeting Room
BIZ PLUS 3 (With Government Filing)
S$4600yearly
All Items in Biz Plus 1
+ Annual Accounting Services
Up to 360 Transactions Per Year
Additional 50 transactions at S$120
+ Compilation of Unaudited Financial Statements
+ Annual Tax Filing (Form C/C-S)
+ Optional: S$1200 for Employment Pass Application (Up to Two Attempts
Company Secretarial Services
Corporate Secretary’s must be appointed within 6 months from the date upon Company Incorporation as required by The Accounting and Corporate Regulatory Authority (ACRA) of Singapore. Failure to do so is an offence and may lead to penalties and prosecution according to the Companies Act.
The Company Secretary’s responsibility is to maintain proper records of important statutory documents such as incorporation papers, company’s resolutions, annual returns, etc. It is important to note that lodgement of statutory filings such as annual returns have to be performed within a stipulated time frame, otherwise the directors of the company may be liable for late lodgement fee. Our partners have experienced personnel who acts as your company secretary notifying you of filing deadlines and providing professional corporate services at the most competitive pricing.
Package C – With Government Filing
S$980yearly
Consultation on Companies’ Act Compliance
Prepare meeting minutes for AGM
Email Notifications of Government Filing Deadlines
Filing of Annual Returns with ACRA
ACRA Annual Returns filing fee S$60
Preparation of resolutions for any company’s changes
Lodgement of changes with ACRA
Unaudited Financial Statement (Company Level)
Annual IRAS Tax Filing
Add on S$108 for Professional Mailing Address
Company Strike Off
Conditions to strike off company:
- Company has ceased operations
- No outstanding charges under its register
- Company is not involved in any court proceedings in Singapore or overseas
- There are no liabilities under the Company’s name
- Company’s officers have no outstanding summonses
- Company does not owe any debts to the Government
- The entire process to strike off a Company takes about 5 months
Accounting Services
Unaudited Financial Statement
Active Company
S$680yearly
Unaudited Financial Statements (Company Level)
Sales & Assets less than 10 Million
Employee less than 50
No Corporate Shareholder
Not holding any shares in other Company
No Treasury or Preference Shares
Additional $300 if XBRL filing is required
*XBRL filing for company with Corporate Shareholder and/or Insolvent
Trade Debtor Records
Bank Reconciliation Report
Optional: Add S$200 per quarter for GST
Terms and Conditions
- * No Audited and/or Consolidated Financial Statements
- * Not more than one Loan or Hire Purchase item per account
- * Additional charge for construction contracts
