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.
The Singapore Tax Governance Framework (TGF) is a voluntary compliance initiative launched by the Inland Revenue Authority of Singapore (IRAS) to help companies improve their tax governance and risk management. It encourages businesses to establish a strong tax governance policy based on three key building blocks: complying with tax laws, implementing a governance structure for managing tax risks, and building a positive relationship with tax authorities.
Singapore adopts a modified territorial tax system. This means that tax is imposed on all income accrued in or derived from Singapore, and on all foreign-sourced income remitted to the country. Though notably, there are exemptions for qualifying foreign-sourced income including dividends, branch profits, and service income.
Tax Evasion in Singapore
When it comes to tax evasion, Singapore has very strict laws and regulations, making it a serious criminal offence with stringent penalties for the offenders. While most Singapore taxpayers readily comply with the law, some businesses and individuals try to evade taxes using unlawful means.
Key Points to Tax work in Singapore
- Singapore tax advisory: we conduct regular tax audits to identify discrepancies in tax filings.
- Singapore GST filing: we offer GST registration, filing.
- Singapore tax computation and filling: we can help with corporate tax compliance, company tax filing, tax return services ensure stay compliant while paying less tax.
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We provide comprehensive tax advisory services designed to keep your business fully compliant with IRAS requirements. Our team conducts regular internal tax reviews and checks to help identify discrepancies or potential errors in tax filings—ensuring accuracy, transparency, and full adherence to Singapore’s tax regulations.
Tax Pricing
Non-active business: S$300 / year
Active business: From S$500 / year
- Tax Computation
- EstimatedChargeable Income (ECI) Filing
- Form C-S Filing
- Capital Allowance
- Filing (Form C): Additional fees of S$150 / year
- Group tax relief: From S$1,500 / year
GST Pricing
GST registration/deregistration: From S$500 (one-off)
GST return submission: From S$150 / quarter
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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
Frequently Asked Questions
Everything You Need to Know About Our Services
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