Already have a business?
We will handle the smooth transition from your previous service provider to us.
Yearly packages
Each of our packages have been designed with your corporate needs in mind.
Our yearly packages include all the essential services required by companies to operate in compliance with local regulations: Accounting and Tax filings, local Administrative obligations, Payroll and HR.
All the complexity of local deadlines and paperwork fully outsourced to our team of experts.
Compare our Packages now >
HOLDING COMPANIES
An essential package for your holding investment company
Core services
SGD 1,500
Core services
HKD 10,000
Full Package Services
SGD 3,000
Full Package Services
HKD 22,000
OPERATING COMPANIES
Single Entrepreneurs
100% individual business owner
–
Small volume of business transactions
–
Private Limited company
Core services
SGD 1,500
Core services
HKD 10,000
Full Package Services
SGD 3,200
Full Package Services
HKD 24,000
OPERATING COMPANIES
Young Businesses
Individual and Corporate investors
–
Business activities in SEA region
–
Private Limited company
–
Scaling Start-up
Core services
SGD 1,500
Core services
HKD 10,000
Full Package Services
SGD 4,300
Full Package Services
HKD 27,000
OPERATING COMPANIES
Established SMEs
Established business with activities in APAC
–
High volume of activity
–
Private limited / Joint Venture / Branch / Partnership
Core services
SGD 1,500
Core services
HKD 10,000
Full Package Services
SGD 7,000
Full Package Services
HKD 34,000
Selected services
We are a one-stop corporate service provider offering a wide range of corporate, accounting and tax services to allow Entrepreneurs, SMEs and Startups to focus on scaling their business.
Our industry experts are extremely familiar with local frameworks to best support your business journey.
Corporate secretarial services
Our professionals have in-depth knowledge and understanding of company incorporation, corporate governance, company secretarial compliance and due diligence. In line with making sure that statutory requirements are fulfilled, we provide additional services to comply and adapt to the latest regulations and state of your business with the local authorities.
• Company incorporation
• Company secretary
• Registered address
• Filing of Annual Return and AGM
• Nominee and resident director
• Lodging of the Register of Registrable Controllers (RORC)
• Business account opening
• Bank account opening
• Quarterly accounting
• Year-end finalization of accounts
• Rescue accounting
• Unaudited financial statement
• XBRL
• Xero integration
• Payroll, claims and leave management
• Employees’ and employer’s return
Accounting and Payroll Services
Dealing with the accounting of your company is a cumbersome task that we can handle for you. Using the best-in class digital solutions we deal with bookkeeping while offering you dashboard overviews of your company financials. We also take care of your payroll needs for your employees as well as your employer’s returns. We can partner with you as your bookkeeper, accountant, controller, business advisor, or the entire Accounting and Finance department
Corporate and Personal Tax
Taxation impacts the profitability of your business and is a critical requirement in any jurisdiction, we ensure to have your computations and filings done right! We take in consideration the complexity of your business and personal sources of income and assets to deliver accurate tax services by experienced experts. We ensure that your business is aligned, compliant and optimally positioned to mitigate tax risks.
• Corporate tax computation and filing
• Audit liaison assistance
• GST registration
• GST quarterly filing
• Offshore taxation claim
• Benefits packages, remuneration planning, employment tax
• Domestic tax credits & incentives
• Assistance in personal tax declaration
• Employment pass application
• Dependant pass application
• Entrepreneur visa application
• Business visa application
• Letter of consent application
• Personalized Employment pass (PEP) application
• Employees relocation assessment
Immigration
With increased globalised world, we understand the demand for international talents and the requirements for them to work and live in countries where you operate your business. We assist you in your visa applications for yourself and your foreign employees, we can also provide support to allow for your family to join you in your foreign venture.
Ad hoc assistance
Our services extend to all your company’s needs, we can provide specific services when you require them and ensure of their delivery. Our consultants work closely with you to understand your business needs and design solutions to suit your requirements. We are extremely familiar with the nuances of various industries in Singapore & Hong Kong and can act as an extension of your team.
Business Licensing
E-commerce
Event management / MICE
Import / Export
Recruitment
Retail
Investors
Transfer shares
Change corporate representative
Update shareholder details
Increase share capital
Issue and allotment of shares
Business Support
Government Funding
& Assistance Schemes
Contracts & Agreements
Trademark Registration
HR Management
Compare our Packages
Core services
Company Secretary for 1 year
Registered Address for 1 year
AGM/AR filing
Packaged services
XERO Subscription
Corporate Tax
Accounting, and:
• Year-end finalization of accounts (FS preparation + XBRL)
• Quarterly bookkeeping
Payroll
GST Registration and Quarterly Filing
Optional
Company incorporation
Business Account to receive & send money
Core + Packaged services
Core services only
HOLDING COMPANIES
OPERATING COMPANIESSingle Entrepreneurs
OPERATING COMPANIESYoung Businesses
OPERATING COMPANIESEstablished SMEs
FAQ
Can’t find the answer to your question? Contact us now!
Can you tell me more about the Company Secretary?
Firstly, it is mandatory to have one secretary company, who must be a Singapore resident and also be a physical person.
The company secretary is a key role in Singapore for the internal governance and running business of the local company. Responsible for ensuring the legal compliance of the company with the Singapore authorities and the law, the Secretary also operates as a key advisor between directors and shareholders. He ensures the statutory and regulatory requirements of the company by the annual returns filing with the authority Accounting and Corporate Regulatory Authority (ACRA). He implements the board and members resolutions.
Read more: The key role of the company secretary in Singapore
Can you tell me more about the Registered Address?
As part of the requirements for incorporating a company in Singapore, the Companies Act provides that every limited company (and LLP):
- shall have a registered office address in Singapore from the date of the company incorporation and throughout its existence. A registered office address is a valid address lodged with the ACRA at the incorporation of the company.
- As official address of the company, it is where all communications and official notices are addressed and also the place where the company’s or LLP’s (Limited Liability Partnership) registers and records are kept.
- The registered office address must be a physical address office in Singapore, therefore the postal office box addresses are excluded.
- The registered office address is not necessary the same place where the activities of the company are conducted. Any change must be updated with the ACRA within 14 days from the date of the change.
Virtual office is the choice of most foreign company in Singapore, this is possible by using the office address of their company secretary as their registered office address and as the place for the company’s records to be kept.
Read more: Registered office address for companies in Singapore
Can you tell me more about filing obligations in Singapore?
As a company director or finance professional, there are a range of filing obligations to note. These include company registration confirmations, filing of accounts and tax filings. This mean that sending these documents to the appropriate governmental agencies is mandatory.
Annual accounts: Annual accounts should be completed each year.
Annual Return Filing: All Singapore incorporated companies (except those which are exempt) are required to file financial statements with ACRA annually. The filing of annual return for non-listed companies is 7 months after the company’s financial year-end.
Tax Filing: The first is the filing of your Estimated Chargeable Income, or ECI. ECI is an estimate of the taxable income, after deducting allowable expenses. This filing is due three months after your company’s year-end date.
The main tax filing of the year is due on the 30th of November. Please note that all companies are required to file electronic tax returns, and as such there is no extended deadline until the 15th of December as in previous years.
It is important to complete the accounting as soon as possible after the year-end to allow sufficient time for review and audit (if required).
Read more: Filing obligations in Singapore
What are the minimum requirements to incorporate a private limited company in Singapore?
In order to open a company in Singapore you will need to have:
- 1 to a maximum of 50 shareholders, natural or corporate entities (no nationality requirement);
- A minimum paid up capital of SGD1.
- 1 Singapore Resident director being an individual, who is a Singapore citizen, a Singapore permanent resident or an Employment Pass holder.
- 1 qualified resident company secretary.
- 1 local registered address where are kept the registry of the company.
Read more: How to set up a Private Company Limited by Shares in Singapore?
Do I need an office in Singapore to start my business activity?
In order to comply with the Singapore Act, each company must have a local Registered office Address where registers, records are kept, and all communications are addressed. The registered office is an address in Singapore, it can be a virtual office offered by your company secretary, a physical office directly rented by yourself.
The registered office address is not necessarily the same place where the activities of the company are conducted. Note that the registered office address must be accessible to the public and always updated with the ACRA.
Companies and directors that fail to comply with this requirement may be fined up to S$5,000.
Read more: Requirements for registered office address in Singapore
Can the company bank account be located abroad?
You may choose to open the company bank account in another jurisdiction than Singapore. However, having a local bank account may help your business in its day-to-day operations especially if you intend to have an economic substance in Singapore (employee, office, activities…).
What are the annual requirements for my company?
In Singapore, a private company limited by shares must comply with certain statutory filing requirements. The companies shall on an annual basis:
- Prepare and file a corporate tax return for tax purposes;
- Prepare and file an Annual General Meeting and an Annual Return reporting any changes in their particulars (i.e. change of registered address, new company secretary, share capital increase, new shareholders, etc.).
- There is an audit exemption, for companies with a turnover of less than SGD 5 million and whose shareholders are only natural persons; and for dormant companies.
How do I close my company?
You may decide to strike off your company for various reasons. Strick off your company will require clearing up a few steps, during which you need to keep appointed the resident director, the local company secretary and have a local registered address.
The process presupposes the company has no outstanding debt with government agencies, and has stopped its activity. The Company may be removed from the register only after confirmation that the Company has no longer any assets or liabilities.
The strike-off procedure will require to be published in the Gazette for approximately 4 months before to be fully deregistered.
What is counted as an accounting transaction?
Our methodology to compute the total numbers of transactions of your company within a financial year, is based on the following elements:
– Number of bills, receipts,
– Number of sale invoices
– Number of manual journals we will need to perform (depreciation of fixed asset, provision…)
Can I receive a salary as director of the company?
As a director of a Singapore company, you may be receiving a salary, under a labour contract. Please note that your time spent in Singapore will have tax implications on the salary received. The taxes may vary depending on whether you are or not considered as a tax resident in Singapore.
Is my company part of a group exempted from audit in Singapore?
The audit exemption in Singapore is allowed for a company meeting 2 of the 3 criteria:
- total annual revenue ≤ $10m;
- total assets ≤ $10m;
- no. of employees ≤ 50.
As part of a group; the company and the group shall meet 2 of the 3 criteria on a consolidated basis for the past 2 financial years.
Read more: Audit obligations, requirements and exemptions in Singapore
Shall I wait for my company bank account to be open before paying the entire capital of the company?
The RORC is a register containing the particulars of the company’s registrable controller(s), also commonly known as beneficial owner(s). The Registrable controller is identified as the beneficial owner (individual or corporate entities) of the company that:
- Have an interest in > 25% of shares in a company; or
- Hold > 25% of members’ voting rights in a company; or
- Can exercise significant influence or control over a company.
The information on the RORC must be lodged with ACRA within two business days after the entity has set up its RORC, and any change shall be updated.
What is the RORC obligation in Singapore?
The RORC is a register containing the particulars of the company’s registrable controller(s), also commonly known as beneficial owner(s). The Registrable controller is identified as the beneficial owner (individual or corporate entities) of the company that:
- Have an interest in > 25% of shares in a company; or
- Hold > 25% of members’ voting rights in a company; or
- Can exercise significant influence or control over a company.
The Information on the RORC must be lodged with ACRA within two business days after the entity has set up its RORC, and any change shall be updated.
Is it necessary to designate a Data Protection Officer (DPO) in Singapore?
Under Singapore’s Personal Data Protection Act (PDPA), organizations that collect, use, or disclose personal data as part of their operations are required to designate at least one individual to be responsible for ensuring compliance with the PDPA. This individual is known as the Data Protection Officer (DPO).
Designating a DPO is an important step for organizations to ensure that they are complying with the PDPA, protecting the privacy of individuals’ personal data and reporting data breaches to the Personal Data Protection Commission (PDPC).
In addition to being a legal requirement, designating a DPO can also help organizations to build trust with their customers and stakeholders by demonstrating their commitment to protecting personal data.
The non-appointment of a DPO can be followed by penalties of up to SGD 5,000.