Company Secretarial Services
In Singapore
Enhance efficiency and productivity of your company by outsourcing all your corporate secretarial tasks to our committed expert team
Photo by Swapnil Bapat on Unsplash
Outsourcing Corporate Secretarial Services to SOAS
SOAS provides comprehensive Corporate Secretarial Services at affordable and competitive pricing, and saves you time and effort so that you can focus on running and growing your business
Cost Efficient
We prioritise and focus on each client while minimising costs by using internal supporting software
Pragmatic Approach
As we have over 18 years of experience in corporate secretarial and advisory services, we are able to provide valuable services to clients from varied industries
Dedicated Support
Our support team is available and flexible with client needs, as we ensure we deliver great customer service
Onboarding Services
Onboarding of customers from other service providers for corporate secretarial and accounting services
SOAS is a Corporate Service Provider as accredited by ACRA
SOAS ensures that your company remains compliant through:
Timely reminders of regulatory deadlines
Maintenance of Register of Registrable Controllers
Annual General Meeting preparation
CorpPass registration and maintenance
Preparation and filing of annual returns
EGM resolution preparation for ACRA Bizfile updates
We Have Pricing Plans To Fit All Your Requirements
CoSec Basic
Basic secretary coverage
SGD 350
SGD 300
billed annually
Shareholders – up to 2
SGD 60 per every 1 extra shareholder
*All prices are subject to 9% GST
Basics
Preparation & filing of annual returns
SGD 60 Annual filing government fee
Annual General Meeting preparation
CorpPass registration – SGD 60
Filing of Register of Registrable Controllers (RORC) – SGD 60
Corporate Actions
Change of company name
Change of financial year end
Change in officers or their particulars
Change in address
Change in business activity
Distribution of dividends
Allotment of shares – SGD 120 + KYC charges apply for foreigners and corporate shareholders
Transfer of shares – SGD 120 + Stamp Duty and KYC charges apply for foreigners and corporate shareholders
Registered Office
Registered office address and mail scanning services – SGD 300
CoSec Plus
Full secretary coverage
SGD 780
SGD 600
billed annually
Shareholders – up to 2
SGD 60 per every 1 extra shareholder
*All prices are subject to 9% GST
Basics
Preparation & filing of annual returns
SGD 60 Annual filing government fee
Annual General Meeting preparation
CorpPass registration – SGD 60
Filing of Register of Registrable Controllers (RORC) – SGD 60
Corporate Actions
Change in officers or their particulars
Allotment of shares – SGD 120 + KYC charges apply for foreigners and corporate shareholders
Transfer of shares – SGD 120 + Stamp Duty and KYC charges apply for foreigners and corporate shareholders
Registered Office
Registered office address and mail scanning services – SGD 300
CoSec Premium
Full secretary coverage and registered address
SGD 1340
SGD 900
billed annually
Shareholders – up to 2
SGD 60 per every 1 extra shareholder
*All prices are subject to 9% GST
Basics
Preparation & filing of annual returns
SGD 60 Annual filing government fee
Annual General Meeting preparation
CorpPass registration – SGD 60
Filing of Register of Registrable Controllers (RORC) – SGD 60
Corporate Actions
Change in officers or their particulars
Allotment of shares – SGD 120 + KYC charges apply for foreigners and corporate shareholders
Transfer of shares – SGD 120 + Stamp Duty and KYC charges apply for foreigners and corporate shareholders
Registered Office
Registered office address and mail scanning services – SGD 300
Frequently Asked Questions
What Are Corporate Secretarial Services?
Corporate secretarial services are required in the process for company incorporation and subsequently for administrative and compliance tasks essential for managing a company’s regulatory and compliance obligations. These services are also required to ensure adherence to Singapore’s Companies Act, including maintenance of statutory registers (e.g. register of members and directors, register of registrable controllers, shareholdings etc), filing of annual returns, preparation of resolutions for extraordinary general meetings on changes of company particulars for ACRA filing.
Why Do I Need Secretarial Services When Setting Up A Business In Singapore?
Under the Companies Act in Singapore, every company must appoint a qualified company secretary within six months of incorporation. The company secretary ensures compliance with local laws, facilitates effective governance, and prevents penalties for non-regulatory compliance.
Can I Outsource Corporate Secretarial Services?
Yes, outsourcing is highly recommended for businesses seeking cost-effective solutions and expert guidance. Professional corporate service providers help ensure timely compliances and addressing the burden of compliance administration. Outsourcing is particularly necessary for companies with only foreign shareholders to appoint a resident director as required under the Companies Act.
What Happens If I Fail To Appoint A Company Secretary?
The directors of the company are responsible to appoint a company secretary within six months of company incorporation. Failure to do so can result in financial penalties or legal consequences under Singapore’s Companies Act.
Why Is It Important To Choose the Right Corporate Secretarial Services Provider?
Selecting the right corporate service provider is important for ensuring that your company complies with Singapore’s regulatory and compliance requirements, avoids penalties and maintains good corporate governance. A reliable corporate service provider ensures can streamline administrative processes, reduce costs, and offer expert advice tailored to your business needs.
What Factors Should I Consider When Choosing A Corporate Secretarial Services Provider?
Here are key considerations:
- Qualifications and Expertise: Ensure the provider has qualified professionals with certifications recognised by Singapore’s regulatory bodies, such as ACRA.
- Knowledge of Local Laws: The provider should have deep expertise in Singapore’s Companies Act and be proactive in updating you about regulatory changes.
- Range of Services: Choose a provider offering comprehensive services, including compliance filings, maintaining statutory registers, and advisory support for governance practices as well as accounting, preparation of reports and tax computation services.
- Reputation and Reviews: Research client testimonials and reviews to assess reliability and customer satisfaction.
- Pricing Transparency and Competitiveness: Opt for providers with clear pricing structures and no hidden fees. Compare packages to ensure they meet your budget without compromising on quality.
- Technology Integration: Providers leveraging digital tools for document management, compliance tracking, and communication can enhance efficiency.
- Customer Support: Evaluate responsiveness and communication clarity. Providers should address inquiries promptly and explain complex processes in simple term