Incorporation for Locals
Incorporation and Secretarial from SGD 750
You must meet the following requirements before applying to the ACRA to start the process of forming a Singapore private limited company:
- At least one shareholder: The shareholder can be an individual or another company. 50 shareholders are the maximum allowed for a Singapore private limited corporation.
- One resident(local) director: Singapore Citizen/ Permanent Resident (PR)
- Minimum paid-up capital of SGD1: One Singapore dollar is all you need to start a business in Singapore
- Minimum of one company secretary: One Singaporean resident as company secretary to compliance with regulatory requirements and tax filings.
- Local registered address: A physical Singapore address (no P.O. Box) is required
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Incorporation for Foreigners
Incorporation, Secretarial and Nominee director from SGD 5,000
You must meet the following requirements before applying to the ACRA to start the process of forming a Singapore private limited company:
- At least one shareholder: The shareholder can be an individual or another company. 50 shareholders are the maximum allowed for a Singapore private limited corporation.
- One nominee director: Singapore Citizen/ Permanent Resident (PR) appointed by CSP
- Minimum paid-up capital of SGD1: One Singapore dollar is all you need to start a business in Singapore
- Minimum of one company secretary: One Singaporean resident as company secretary to compliance with regulatory requirements and tax filings.
- Local registered address: A physical Singapore address (no P.O. Box) is required
The price is fully inclusive covering all registration preparation, ACRA filing, and the government fee with no hidden charges.
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Corporate Secretarial
Appointing Company Secretary (ACRA compliance requirements)
Companies must appoint a company secretary within six months from the date of incorporation. This position cannot be left vacant for more than six months, or the directors may face a penalty of up to SGD1,000.
A company secretary is responsible for the administration of the company. They are also required to ensure that all directors and shareholders are informed of their statutory obligations, such as the filing of annual returns.
The responsibilities of a secretary can vary depending on a company's needs. Below are some examples:
- Maintain and update the company’s registers and minutes books.
- Administer, attend and prepare minutes of meetings of directors and shareholders.
- Keep company directors aware of the deadlines for annual returns and any other filings required by ACRA.
- Update directors and shareholders on relevant changes in corporate regulations.
Futre provides payroll services in Singapore for SMEs, growing businesses, and organisations that need accurate, compliant payroll management without the cost and complexity of an in-house team. Whether you choose full payroll outsourcing or prefer to manage payroll in-house using HR software, our team supports both approaches with the same level of accuracy and compliance expertise.
Our payroll specialists handle salary computation, CPF contributions, IRAS Auto-Inclusion Scheme (AIS) submissions, and MOM-compliant payslip generation — ensuring your employees are paid correctly and on time, every month. We also support work permit and employment pass obligations, giving you a single point of contact for your full workforce management needs.
For businesses that also need support with accounting and bookkeeping services, we provide an integrated approach that keeps your financial records and payroll obligations aligned throughout the year.
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Your One-stop Payroll and HR Consulting Services
Our payroll services in Singapore are designed to handle the full scope of your workforce compensation and compliance obligations, from monthly salary processing to statutory submissions and HR software integration.
HR Management and Payroll Processing: End-to-end salary computation, CPF registration and contribution filing, payslip generation, and payroll reports prepared in compliance with MOM requirements. Our team ensures every payroll run is accurate, on time, and fully documented.
HR Software Support: Cloud-based HR software in Singapore setup and ongoing support using award-winning platforms including QuickHR and Infor-Tech. These systems automate payroll calculations, leave management, and statutory submissions, reducing manual workload and compliance risk for your HR team.
Employment and Work Permit Applications: Assistance with MOM work permit, S Pass, and Employment Pass applications for foreign employees, ensuring all immigration and employment obligations are met before your staff commence work.
Outsourced Payroll for Global Teams: Support for businesses hiring remote employees or offshore working teams, including multi-currency payroll processing and cross-border compliance management.
Tax Filing and IRAS Submissions: Preparation and submission of IR8A forms and IRAS AIS filings on your behalf, ensuring employee tax obligations are met accurately and on schedule.
For businesses that also require support with tax compliance obligations, our tax advisory services team manages corporate tax, GST registration, and IRAS filing requirements alongside your payroll function.
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Pricing plans
Flexible options for your business
Basic Price Plan
$500/year
Non-active or Less 50 transactions for fixed accounting
Effortless Yearly Accounting: 1- 3 pages of bank statement or Revenue below S$100k
Annual Financial Statements
Annual Return Tax
Xero Subscription Support
Standard Price Plan
$250/month
Limited Bookkeeping
Set up chart of accounts
Payroll and CPF data entry
No GST submission
Only Singapore Currency
No Annual Return Filing
Premium Price Plan
$1,000/month
Limited Bookkeeping
Set up chart of accounts
Payroll and CPF software
GST submission
Singapore, USD, GBP Currency
Compliance Report including XBRL filing
Annual Tax Filing
Bespoke Price Plan
$2,500/month or Get Quoted
Limited Bookkeeping
Set up chart of accounts
Payroll and CPF software
GST submission
Singapore, USD, GBP Currency
Compliance Report including XBRL filing
Annual Tax Filing
Consolidatedaccounts
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