Company Registration Services in Singapore
Singapore’s Registration of a Private Limited Company
It is now less costly to sign up for any of the following company registration services compared to setting up a company on your own and finding a company secretary after you have registered the company! Our company registration plans waive all company registration services fees. What you are paying for will be just the ACRA government fee of $315 PLUS a discounted fee for the bundled corporate services which includes company secretarial, accounting, and tax services.
ContactOne Professional Services is a professional firm registered with ACRA to act on behalf of business owners in their company registration. You can engage us to incorporate your company to enjoy greater convenience and most importantly, the peace of mind that your company is set up by company incorporation specialists.
Our Company Registration Services Packages are tailored to provide you with the essentials of a new company, and you can be assured that we will be there to support you and your company after incorporation.
| Plan | Standard 12mth Plan | Complete 12mth Plan | Standard 24mth Plan | Complete 24mth Plan |
| Pricing |
$600 |
$1200 |
$800 |
$2000 |
| Enquire Now | Enquire Now | Enquire Now | Enquire Now | |
| WhatsApp Us | WhatsApp Us | WhatsApp Us | WhatsApp Us | |
| Company Registration Service Fee | $0 | $0 | $0 | $0 |
| includes ACRA Government Fee | $315 | $315 | $315 | $315 |
| Company Secretary | 12 months | 12 months | 24 months | 24 months | Financial Statements Compilation |
| Corporate Tax Services (Tax Computation, ECI and Form CS Lite Submission | ||||
| Bookkeeping Services (companies with annual revenue up to $60,000, less than 100 transactions per annum, upgrade available) | ||||
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Secretary Plan Sign Up Includes Appointed Company Secretary Founders Share Certificates AGM Document Preparation (when due) ACRA Annual Return (when due) |
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All Plans include: Constitution of the Company ACRA Company Profile E-Notice of Incorporation First Directors’ Resolutions Bank Account Opening Assistance (Aspire^/OCBC) |
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| Premium Option Add On : Xero Starter | $385 per annum | $385 per annum | $385 per annum | $385 per annum |
| Premium Option Add On : Set Up Xero Chart of Accounts# | $100 | $0 with Xero Signup | $100 | $0 with Xero Signup |
| Premium Option Add On Company Registered Address (usual fee: $120 per year) | $100 for 12 months | $100 for 12 months | $200 for 24 months | $200 for 24 months |
^ Open an Aspire business account when you set up your Company. All ContactOne incorporation clients who open an Aspire business account will get free 12 months monthly fees waived (worth $144 per annum), a free virtual VISA debit card, low fx rates and free local FAST transfers.
# Sign up for annual XERO Cloud Accounting with ContactOne. All ContactOne incorporation clients who engage us for accounting and tax services are eligible for discounted fees and free set up of Chart of Accounts, user access and document scanning set up integrated with Xero.
Company Registration Services Add-On’s
| Company Registration Service only | S$ 395 |
| Add-on Fee for Mail Forwarding Service to Registered Address Service | S$ 120 |
| Add-on Fee for Mail Scanning Service to Registered Address Service | S$ 120 |
| Add-on Fee for Conversion from Sole Proprietor/Partnership to Company | S$ 100 |
| Add-on Fee for Inclusion of Each Corporate Shareholder | S$ 100 |
| Add-on Fee per Individual from the 5th Director/Shareholder onwards | S$ 25 |
| Add-on Fee for Common Seal | S$ 60 |
| Add-on Fee for Additional Company Stamp | S$ 26 |
| Add-on Fee for GST Registration Application | S$ 200 |
| Add-on Fee for CPF Registration Application | S$ 100 |
| Add-on Fee for Purchase of Hard Copy Certificate of Incorporation | S$ 75 |
Documents to Bring
For Singapore Residents (including Singapore Permanent Residents and Eligible EP / DP / LTVP / Student Pass Holders)
The process is fairly simple. All you need to do is to come to our office with your identity cards (NRIC or FIN).
If all the relevant documentation and information required are in place, we will be able to incorporate your company within 30 – 45 minutes.
We encourage you to make an appointment with us prior to the incorporation date to ensure that your waiting time is minimized.
For Singapore Residents partnering Foreign Residents
For Singapore Residents, all you need to do is to come to our office with your identity cards.
For Foreign Residents, there are 2 methods for us to verify your personal information and your participation in the company.
Method 1
Applicable for foreign residents who are physically in Singapore.
-Please bring along your passport and proof of residence (utility bills or bank statements) to our office.
Method 2
Applicable for foreign residents who are NOT physically in Singapore.
-We will provide you with a Letter of Intent to incorporate a Singapore company for your authorization.
Please arrange for the Letter of Intent and a copy of your passport to be notarized by a notary public in your location.
Kindly note that non-English documents will need to be translated to English when you are notarizing your documents.
Proof of residence document is required but need not be notarized. This can be a credit card statement or utility bill which has your printed residential address.
We will proceed with the incorporation upon receipt of the following :
- Original Notarized Letter of Intent
- Original Notarized Copy of Passport
- Proof of Residence Document
For Foreign Residents
Important Note to Remember: Please note that every Singapore Company requires at least ONE director who is ordinarily a resident in Singapore. A resident director is an individual who is a Singapore Citizen, Singapore Permanent Resident, or an Eligible Employment Pass Holder who is residing in Singapore with a valid Singapore address.
If you are intending to set up a Singapore Company and has no resident director, your options are :
- To find a Singapore contact (family member or friend) who is willing to assume the role as the resident director of the Company
- Engage a nominee director to act as the resident director of the Company. You may wish to speak to us to find out more about the nominee director service and assess whether it is suitable for your business.
For Foreign Residents, there are 2 methods for us to verify your personal information and your participation in the company.
Method 1
Applicable for foreign residents who are physically in Singapore.
-Please bring along your passport and proof of residence (utility bills or bank statements) to our office.
Method 2
Applicable for foreign residents who are NOT physically in Singapore.
-We will provide you with a Letter of Intent to incorporate a Singapore company for your authorization.
Please arrange for the Letter of Intent and a copy of your passport to be notarized by a notary public in your location.
Kindly note that non-English documents will need to be translated to English when you are notarizing your documents.
Proof of residence document is required but need not be notarized. This can be a credit card statement or utility bill which has your printed residential address.
We will proceed with the incorporation upon receipt of the following :
- Original Notarized Letter of Intent
- Original Notarized Copy of Passport
- Proof of Residence Document
For Companies with Corporate Shareholders
If you are intending to set up a company with one or more corporate shareholders, the following additional documentation is required for the purpose of company incorporation.
A Board Resolution from the Singapore Company that authorizes a specific person (usually the director) to act on behalf of the Corporate Shareholder in the incorporation process, including signing off on incorporation papers.
A Board Resolution to approve of the setting up of a Singapore Private Limited Company. We recommend that key information including who will be the first directors, who are the other shareholders, the shares to be held by the Corporate Shareholder, and the total Share Capital on the incorporation of the new company be discussed and approved by the Directors of the Corporate Shareholder. Alternatively, you can also vest the power to decide on such matters in the authorized person acting on behalf of the Corporate Shareholder.
For Singapore Companies, a copy of a recent Company Profile document from ACRA. For Foreign Companies, Company Profile document from the country of domicile and Certificate of Incorporation.
Corporate Tax Incentives applicable only to Private Limited Companies
Tax Exemption Scheme for New Startup Companies
The tax exemption scheme for new startup companies (effective for financial years ending 2019 and after) is introduced to support entrepreneurship and help our local enterprises grow. Under this scheme, qualifying new companies are allowed the following incentives for 3 consecutive tax years:
- 75% of the first $100,000 chargeable income is exempted from tax
- 50% of the next $100,000 chargeable income is exempted from tax
- A company qualifies for this scheme if
- it is incorporated in Singapore;
- is a tax resident of Singapore;
- has less than 20 shareholders, of which at least 1 shareholder is holding on to at least 10% of the issued ordinary shares; and
- is not an investment holding company, including companies who is in the business of sale of property or holding property for investment purpose
Minimum Requirements of a Private Limited Company
In order to successfully set up a Private Limited Company, you will need to have
- Minimum of 1 Singapore Resident Director
- Minimum of 1 Shareholder (capped at 50)
- Minimum of S$1 Share Capital
- A Company Secretary
- A Singapore Registered Address