Fee Schedule

Fee Schedule Source image: / CC by 2.0

Service

Fees ($ SGD) include GST

Comments

Incorporation includes:

  • Certificate of Incorporation from ACRA (certified).
  • Memorandum & Articles of Association, photocopy (certified).
  • Company profile from ACRA (certified).
  • First Directors’ Minutes (FDM).
  • Share Certificate.
  • Common Seal.
  • Registered Office & Secretary Fee.*

*obligatory.

2,450

Incorporation fee excludes:

  • Nominee Director services.
  • Nominee Director deposit.
  • Compliance Services.

Alternative Registered Address

From 400 per year

 

Annual Maintenance Fee

1,400

 

 Nominee Service

Local Singapore Director (obligatory)

2,500

Please note that the signing of documents is not included.

Local Singapore Director  (who is not involved in other company’s activities)

Upon the request

 

Local Director Deposit  (obligatory)

2,000

Obligatory one off payment (1st year only) Refundable upon:

  1. Company strike off from ACRA (certificate received) with no outstanding obligations or balances.
  2. Termination of services: transfer out with no outstanding balances (C-Form, ECI, UFS/Audit, AGM, AR, etc. prepared & submitted) and outstanding balances.

Individual Nominee Director (Cypriot)

550

Please note the signing of documents is not included.

Individual Nominee Shareholder (Cypriot)

315

Signing of documents is not included.

Individual Nominee Shareholder (Singaporean)

375

Signing of documents is not included.

Documents purchase from ACRA/IRAS

Additional Company Profile (with ACRA stamp)

85

 

Additional Company Profile (without ACRA stamp)

40

 

Certificate of Incorporation (with ACRA stamp)

110

 

Memorandum & Articles of Association (with ACRA stamp)

150-250

The final price depends on the number of pages or complexity of amendments required.

Amendments to Memorandum & Articles of Association

From 170

Signing of documents is not included

The final price depends on the complexity of amendments required.

Services are not inclusive of purchasing the updated M&AA.

Replacement of entire M&AA

from 450

 

Certificate of Good Standing (with ACRA stamp)

160

 

Certificate of Incumbency

200

 

Tax Residency Certificate  (CoR)

350

Issued for the application of a reduced withholding tax rate under a specified Double Tax Agreement.

Letter of Tax Residency (LoR)

300

Document states that the company is a tax resident of Singapore.

 Additional Services

Company Name Change

385

Service includes purchase of BizFile and M&AA.

Change of Registered Office

200

 

Appointment/Resignation of Company’s Secretary/Director

200

Additional charge of SGD $50 applies if more than one Director is involved.

Change particulars of Secretary/ Directors / Shareholder

70

Service includes electronic business profile (without ACRA stamp).

Change/Adding /removal of buness activity in ACRA

200

Service fee is not inclusive of updated BizFile purchase.

Increase of Paid-Up Capital

260

 

Transfer of Shares

250

 

Change of Company Owners

300

Service fee doesn’t include:

  • Signing of documents by nominees.
  • Compliance services.

Bank Reference Letter for Nominee Director/or Secretary

255

  • ncludes costs for original bank reference letter, Director/Secretary signature and nominee visit to the bank.
  • International Courier fees are not included.

Additional rubber stamp

50

 

Additional metal seal

115

 

Drafting of documents & Signing by Nominee

General Power of Attorney

205

Preparation of POA includes:

  1. Declaration preparation.
  2. Resolution preparation.
  3. Signing of POA & Resolution.

Please note that notarisation & legalisation services are not included in POA.

Special Power of Attorney

360

Preparation of POA includes:

  1. Declaration preparation.
  2. Resolution preparation.
  3. Signing of POA & Resolution.

Please note that notarisation & legalisation services are not included in POA.

Resolution (drafting)

From 250

The final price depends on the complexity of documentation.

Document Signing by Singapore Director (one document)

50 + 35 per signed document + 0.5 per page scanned

Service fee is not inclusive of courier fees.

Document Signing by Singapore Director (bundle)

50 + 60 per signed document + 0.5 per page scanned

Service fee is not inclusive of courier fees.

Document signing by Singapore Director (for Non-Singapore companies) (one document)

50 + 60 per signed document + 0.5 per page scanned

Service fee is not inclusive of courier fees.

Document signing by Singapore Director (for Non-Singapore companies) (bundle)

50 + 80 per signed document + 0.5 per page scanned

Service fee is not inclusive of courier fees.

Certification & Legalisation process

Notary Certification (one document) (Standard)

220

 

Fee of SGD $10 applies to each additional certified page.

Fee of SGD $40 applies to each additional certified document.

Notary Certification (one document) (Express)

270

Fee of SGD $10 applies to each additional certified page.

Fee of SGD $40 applies to each additional certified document.

Full process of legalisation: Standard (per document)

475

Service fee is not inclusive of Embassy/Consulate Fee and is dependant on each country.

Please note, the process takes a minimum of 7 working days.

Notary-SAL-MFA.

Full process of legalisation: Express (per document)

630

Service fee is not inclusive of Embassy/Consulate Fee and is dependant on each country.

Please note, the process takes a minimum of 5 working days.

Notary-SAL-MFA.

Full process of legalisation: Standard (per bundle)

495

Service fee is not inclusive of Embassy/Consulate Fee and is dependant on each country.

Please note, the process takes a minimum of 7 working days.

Notary-SAL-MFA.

Full process of legalisation: Express (per bundle)

660

Service fee is not inclusive of Embassy/Consulate Fee and is dependant on each country.

Please note, the process takes a minimum of 5 working days.

Notary-SAL-MFA.

Special type of legalisation (without notary and SAL)

ACRA-MFA / IRAS-MFA

275

The legalisation is applicable when notary and SAL is not required and

Includes:

  • ACRA-MFA, or
  • IRAS-MFA

Company closure

Company dissolution (Voluntary Strike off)

1,500

 

Liquidation process

From 6,000

Service fee depends on the complexity of the case

Courier Service

Internal Courier Fee (within Singapore)

55

 

International Courier Fee  (from Singapore Office to Client via TNT)

120

 

International Courier Fee (from Singapore Office to Client via DHL)

From 250

For all documents except bank tokens; fees are calcualted based on parcel weight.

International Courier Fee (from Singapore Office to Client via DHL)

From 300

For bank tokens.

 

 

Bank Account Opening

Fees ($ SGD) include GST

Comments

Cyprus Banks

Upon request

Legalisation process fees not included.

Singapore Bank Account Opening with Personal Visit

Silver Package

2,650

  • Application for bank account opening.
  • Appointment with a local bank.
  • Personal accompaniment to the bank.
  • Preparation of all supporting documents required for bank account opening (Business Profile etc.).
  • Additional bank account opening applications.

 

Please note: Fee does not include the bank deposit.

Gold Package

 

3,710

  • Application for bank account opening.
  • Appointment with a local bank.
  • Personal accompaniment to the bank.
  • Preparation of all supporting documentation. required for bank account opening (Business Profile etc.).
  • Company website (for bank account opening purposes).

 

Please note: Fee does not include the bank deposit.

(Non-Eltoma Company) Singapore Bank Account Opening with Personal Visit

Silver Package

2,950

  • Application for bank account opening with a local bank of the client’s choice.
  • Appointment with bank.
  • Personal accompaniment to the bank.
  • Preparation of all supporting documentation. required for bank account opening (Business Profile etc.).

 

Please note: Fee does not include the bank deposit.

Gold Package

3,965

  • Application for bank account opening with a local bank of the client’s choice.
  • Appointment with bank.
  • Personal accompaniment to the bank.
  • Preparation of all supporting documentation required for bank account opening (Business Profile etc.).
  • Company website (for bank account opening purposes).

 

Please note: Fee does not include the bank deposit.

 

 

 

VISA Services

Fees include GST

Individual travel visa (standard 3-4 working days)

From USD $100

Individual travel visa (express 1-2 working days)

USD $150

Singapore Enterpass

SGD $1,650

Employment Pass

SGD $1,650

Dependent Pass

SGD $595

Appeal for Employment  Pass

SGD $595

Appeal for EnterPass

SGD $595

 

 

Compliance Service Charges

Fees ($ SGD) include GST

Comments

Introduction Compliance Fee for New Clients

320

 

Annual Compliance Review

160

Charged for June 2016 Company Renewal fee onwards.

Compliance Service Fee for all post company incorporation services involving new persons or legal entities.

80 - 160

Priced depend on complexity of the case in hand.

 

 

 

 

Service

Fees ($ SGD) exclude GST

GST Registration of a company to the IRAS

850

Preparation and Submission of GST Reports (quarterly)

350 per quarter

Preparation and Submission of ECI Forms (trading company)

265

Preparation of Unaudited Financial Statements:

— Active company

— Dormant company

 

1,500 – 2,500

700 – 1,500 

Preparation of Consolidation Financial Statements:

2,000 – 5,000

Review prepared bookkeeping and UFS

1,000 – 2,000

Conversion of Financial Statements to XBRL Format:

Conversion of Consolidation Financial Statements to XBRL Format:

590 -2,000

2,500-3,000

Tax Computation of C Form (corporate tax form):

 

Dormant company tax return – 500

Form CS (average) 800

Form-C (active) -1,200

Submission of Financial Statements to ACRA:

— Active company

— Dormant company

 

550

450

CorpPass registration

320

Filing of Form 45 (for withholding taxes)

500

Appointment / Amendment of Auditors   

160

Application of Extension to ACRA for AGM Submission

300 per 2 months

Application of Extension to ACRA for AR Submission

300 per 2  months

Handling of penalties

50 per case

 

 

 

Company Type

Number of Transactions

Amount
(€ EUR)

Amount
($ SGD)

Amount
($ USD)

Standard fee:

– Dormant Company

 

-

 

350

 

600

 

480

Active Company

Up to 10

Up to 450

Up to 780

Up to 620

Active Company

Up to 30

Up to 600

Up to 1000

Up to 800

Active Company

Up to 50

Up to 700

Up to 1200

Up to 950

Active Company

Up to 100

Up to 1000

Up to 1720

Up to 1350

Active Company

Up to 200

Up to 1400

Up to 2400

Up to 1875

Active Company

Above 200

TBC

TBC

TBC

 

     *The above accounting fees exclude GST (7%).

     ** Conversion to XBRL may be required and will be charged separately.

Compliance Requirements:

 

When the financial year of a company registered in Singapore ends the below requirements are requested by ACRA – the Companies House of Singapore:

 

  1. Estimated Chargeable Income (ECI Form) – required to be submitted 3 months after the end of each financial year. In order to complete it, the company’s estimated revenue for the financial year is requested.
  2. Annual General Minutes & Annual Returns – Bookkeeping and the preparation of unaudited or audited accounts are required. The deadlines for these documents for the first financial year are based on the date of the company’s incorporation. For subsequent years, the dates are fixed.
  3. C–Form – this is the Corporate Tax Form requested by the Inland Revenue of Singapore. This is submitted on an annual basis in November.

 

Please note that the above compliance requirements are set by Singapore Authorities and are compulsory for all companies. If the requested forms / documentation are not submitted on time, the company can be charged with penalties and court summons.

 

 

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