SOAS embraces information technology and streamlining and simplifying work procedures that generate productivity gain and allow its products to be priced competitively. This enables SOAS to pass the benefits of lower prices to clients. All fees and charges mentioned are subject to the prevailing Goods & Services Tax (GST) of 7%.
Modes of payment
Our fee for incorporation is based on the number of individuals by being as shareholders and/or appointed officers at S$75 per individual and the corporate member at S$150 plus a 4% administration fee and ACRA charges. For determining the cost of incorporating your new company, please use the calculator to find the cost of incorporation.
For incorporation of a new company in Singapore under the Company Act, one resident director, a resident company secretary and a registered company office address in Singapore are required. Where necessary these services will be provided by SOAS.
A1) Company secretary appointment services
The appointment of company secretary will be provided free of charge for the first six months after incorporation of the company and thereafter the services will be billed at the beginning of each quarter. The fee is S$75 per quarter for up to 3 members/officers and thereafter S$15 for each additional member/officer. This service is for a minimum period of two financial years and any termination by client before the stipulated period, client is liable for payment of fees due to the shortfall.
The appointment of company secretary includes the preparation of resolutions for annual general meetings and the filing of annual returns to Accounting and Corporate Regulatory Authorities (ACRA).
Other corporate services such as preparation of resolutions for the appointment and resignation of officers, changes of particulars of the company as well as members and officers, declarations of dividends and directors’ fees, share allotments and transfers, and other corporate services are separately charged. Please refer to Corporate Service Fee Schedule for the details.
A2) Company director appointment services
The appointment of company director will be provided free of charge for the first three months after incorporation of the company and thereafter will be billed on a quarterly basis of S$650 per quarter. This service is for a minimum period of one financial year and any termination by client before the stipulated period, client is liable for payment of fees due to the shortfall.
S$2,600 security deposit for directorship is collectible upfront before incorporation of the company.
A3) Registered office address with mail processing services
The service fee for the company is S$50 per quarter and will be billed at the beginning of each quarter.
All mails received for the company will be scanned and digitally stored, managed with online retrieval facilities. As for cheques received, they will be deposited into the bank designated by the company. As for parcels or bulky items, the company will be notified for self-collection, otherwise they will be couriered upon your instruction and charged on a case by case basis.
Under the corporate services, SOAS provide the services of resident director, company secretary and registered company office address and the services will be billed at the beginning of each quarter. SOAS also provide Ad Hoc corporate services.
B1) Company director appointment services
The services will be billed on a quarterly basis of S$650 per quarter. S$2,600 security deposit for directorship is collectible upfront.
B2) Company secretary appointment services
The fee is S$75 per quarter for up to 3 members/officers and thereafter S$15 for each additional member/officer. The appointment of company secretary includes the preparation of annual general meetings and the filing of annual returns to Accounting and Corporate Regulatory Authorities (ACRA).
Other corporate services such as preparation of resolutions for the appointment and resignation of officers, changes of particulars of the company as well as members and officers, declarations of dividends and directors’ fees, share allotments and transfers, and other corporate services are separately charged.
Ad hoc Corporate Services (only available with SOAS company secretary appointment) | |
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1. EGMresolution and ACRA filing for:
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S$100 per resolution plus ancillary charges |
2. Director(s)’s resolution and ACRA filing for:
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$50 per resolution plus ancillary charges |
3. Share allotment | S$200 per individual share allotment transaction plus ancillary charges |
4. Share transfer | S$300 per individual share transfer transaction plus ancillary charges |
5. Strike off of company, company must be solvent | S$900 per strike off plus ancillary charges |
6. Other secretarial services:
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S$300 per hour plus ancillary charges |
Ancillary Services | |
Liaison/collection of secretarial registers and documents | S$100 per transfer |
Business profile extract from ACRA | S$10 per extract |
ACRA products, filing fees, penalties and stamp duties, | Actual fees, charges and fines paid to ACRA |
Extension of AGM deadline (max 2 months by ACRA) | S$50 plus actual extension fees paid to ACRA |
Courier charges | Minimum S$10 one-way for Singapore location S$10 arrangement plus charges for overseas location |
Transport to CLIENT’s office | Minimum S$30 two-way trip for Singapore location |
The service fee for the company is S$50 per quarter. All mails received for the company will be scanned and digitally stored, managed with online retrieval facilities. As for cheques received, they will be deposited into the bank designated by the company. As for parcels or bulky items, the company will be notified for self-collection, otherwise they will be couriered upon your instruction and charged on a case by case basis.
C1) Special package for annual accounting reporting and compliances
Please use calculator for cost calculations
A one-stop comprehensive accounting and compliance services is packaged and priced at a competitive quarterly fee of S$450.00 (i.e. S$1,800 annually) for companies with annual revenue less than S$1 million and 500 pages of transaction documents. Adjustments to annual fee will be determined and billed upon completion of annual accounts for the following:
Under this special package, the following are the deliverables:
Under this special package, the following industries are not covered and their quotations are based on case-by-case basis:
C2) Quarterly accounting and GST in addition to the special package in C1
C3) Business Processing and Other Accounting Services
Please contact us for discussion and quote.
SOAS specializes in accounting, corporate secretarial & compliances, consultancy & advisory on tax planning, corporate strategy, fund raising and wealth management with global reach.