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Singapore Company Incorporation complete Package - Company Secretary, Registered Office, Nominee Director, Bank Account and CorpPass
Singapore Company Incorporation complete Package (Promotion 2021) |
Unless otherwise indicated, the Singapore company stated in this quotation refers to a private company limited by shares formed and incorporated in Singapore in accordance with the Singapore Companies Act (Chapter 50). This is a complete package which comes with the company secretary, registered office, bank account, CorpPass account and local nominee director as required by the Singapore Companies Act. Our fee for this complete package of Singapore company formation and registration is SGD5,700. During this promotion period, the fee for this package discounted to SGD4,560. The fee quoted include our professional registration service, provision of a named company secretary for one year, a Singapore street address as registered office for one year, one nominee local director for one year, opening of a corporate bank account, registration of a CorpPass account and maintaining of the CorpPass account for one year. For the purpose of registration of a Singapore company, you will need to provide the proposed name of the company, the amount of registered share capital, identity proof, such as Singapore NRIC, EntrePass or passport and address proof (i.e. utility bill) of individual director and shareholder. If the shareholder is another corporation, the client needs to provide corporate registration documents and address of registered office. The registration of a private company limited by share in Singapore can be completed within the same day, if the proposed name or the business activity to be carried out by the company do not require special licence or permit. The bank account opening could take 2 to 4 weeks. Our fees stated in this quotation does not cover the application for special licence or permit. If the business activity of your Singapore company requires special licence or permit, we can help apply for it and our fees will be quoted upon request. |
1. | Singapore Company Registration Completer Package - Services and Fees | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Our fee for this complete registration package is SGD4,560. Our fee covers company registration, acting as local director and company secretary, provision of registered office, opening of bank account. Detailed of our services are listed below. |
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2. | Time of Billing and Payment Methods |
We currently only accept Singapore and US Dollar check, cash or TT and credit card payment through PayPal. If payment is settled through PayPal, extra 5% services fee will be charged. Upon confirmation of order, we will issue fee note and email it together with detailed wire instructions to you. Because of the nature of services, we require full payment in advance. In addition, once service is commenced, no service fees will be refunded. |
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Basic Structure of a Singapore Company |
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The minimum requirements of a Singapore company are as follows:
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4. | Materials Required for Incorporation of Singapore Company |
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Client needs to provide the following documents and information to Kaizen by email or fax or post for purpose of incorporation and bank account opening: |
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5. | Singapore Company Incorporation Procedure | ||||||||||||||||||||||||||||||||||||
The whole process for the registration of a company in Singapore takes anywhere from 1 to 5 working days. The registration can be completed within the same day, if the proposed name or the business activity to be carried out by the company do not require special licence or permit. The bank account opening could take 2 to 4 weeks.
The time stated in the table above is counted from the date we receive all duly signed application documents from client. Also, client’s travelling schedule will also have an impact on the time frame. |
6. | Registration Documents Returned to Client after Registration | ||||||||||||||||||||
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Compliance and Maintenance |
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After a company is officially registered in Singapore, it is required by the Companies Act and Singapore Income Tax Act to comply with the maintenance requirements such as holding annual general meeting, updating books of accounts, auditing of financial statements (unless exempted) and filing of tax returns. Kaizen is equipped with experienced professionals to provide all the compliance and maintenance services to Singapore company. Our fees for some of these services are determined by the nature of business and volume of transactions and are listed below for your reference.
The compliance formalities listed in the table above represents only the minimum compliances that a Singapore company is required to complied with. In the case that your Singapore company hires employees, it will also need to file and withhold MPF for its employees. And if the company is to engage in import and export business, it may also need to perform custom registration and file GST returns on a regular basis. For more detailed information in respect of the compliance and maintenance requirements of a Singapore private company, please refer to our “Singapore Company Compliance and Maintenance Guide”. |