PRICING
THE STARTUP KIT
We provide everything that you need to set off your business as a legal entity at a good pricing.
THE ENTERPRISING STUDENT KIT
If you are still a student and are already thinking of starting a business, you get to incorporate your company for free! You only pay government charged fees.
Talk to us today to find out more.
Prices for Company Incorporation in Singapore
| Student Package $315 / company |
Starter Package $779 / company |
Premier Package $979 / company |
Ultimate Package $1879 / company |
|
|---|---|---|---|---|
| ACRA Company Name Check And Reservation | ||||
| Memorandum & Articles Of Association (M&AA) | ||||
| Company Business Profile | ||||
| Share Certificate For Shareholders | ||||
| Company Resolution For Bank Account Opening | ||||
| E-Notice Of Company Incorporation | ||||
| Company Common Seal (WORTH $60) | ||||
| CUT-Q On Bank Account Opening (OCBC & STANDARD CHARTERED) | ||||
| Government Fee For Incorporation (WORTH $315) | ||||
| Professional Fee For Incorporating Private Limited Company | ||||
| 60 Minutes Consultation On Government Grants (WORTH $250)* | ||||
| 90 Minutes Consultation On Corporate TAX & GST (WORTH $400) ** | ||||
| 12 Months Of Registered Address (WORTH $240) | No | No | ||
| 12 Months Of Letter Forwarding | No | No | ||
| Usage Of Conference Room | No | No | Once a month | Unlimited |
| 12 Months Of Company Secretarial Services | No | No | No | |
| 12 Months Of Named Company Secretary | No | No | No | |
| Filing Of Tax To Inland Revene Of Singapore (IRAS) | No | No | No | |
| Annual Statutory Filing To ACRA (EXCLUDE FILING FEE) | No | No | No | |
| Preparation Of Annual General Meeting & Director’s Resolution | No | No | No |
*Only available for students in tertiary education institution recognized by MOE, the students must be one of the shareholder and director.
Notes:
1. All prices above are net amount, no hidden cost.
2. For Ultimate package, filing fee, late charges, penalty & other out-of-pocket expenses are excluded, if any.
3. 60 minutes government grants consultation enable business owner to discover the most appropriate government grants to apply for. Some grants even offer cash incentives.
4. 90 minutes of tax consultation enable business owner to understand the pros and cons of GST registration and steps of corporate tax planning.
Prices for Corporate Services
| ACRA PACK Un-audited Report to ACRA |
IRAS PACK Tax Filing to IRAS |
PACK ACRA + IRAS MOST POPULAR & VALUE FOR MONEY |
|
|---|---|---|---|
| FIRST YEAR FILING AFTER INCORPORATION | $399 | $399 | $699 |
| LOSS MAKING COMPANY | $399 | $399 | $699 |
| SALES TURNOVER BELOW S$500K | $499 | $499 | $899 |
| SALES TURNOVER BETWEEN S$500K TO S$1 MILLION | $599 | $699 | $1099 |
| SALES TURNOVER BETWEEN S$1MILLION TO S$3 MILLION | $899 | $699 | $1499 |
| SALES TURNOVER ABOVE S$3 MILLION | TO BE ADVISED | TO BE ADVISED | TO BE ADVISED |
| Add-on | |||
| Full XBRL Filing (if total assets – total liability = negative) | $250 | $250 | |
| Basic 4 points Accounting Review (point 1~4) | $99 | $99 | |
| Comprehensive 7 points Accounting Review (point 1~4) | $299 | $299 | |
Accounting Review Checkpoints includes
1. Bank Statements Reconciliation Checks
2. Accounts Receivable Reconcilation Checks
3. Accounts Payable Reconcilation Checks
4. Assets & Depreciation Checks
5. Provision for Accrual Checks
6. Opening Balance Checks
7. GST Reconciliation Checks
Notes
All Prices aboves are exclusive of filing fee & lates charges or penalty are excluded, if any.
Example 1
Success Pte Ltd is in the first year of business and prepare for the first time filing to ACRA & IRAS.
The sales turnover for the year is $250,000 and making a profit of $50,000.
And the company’s net asset position (total asset – total liability = net asset) is positive.
As this is the first year, the filing fee for ACRA & IRAS will only be $699 which is the best rate for start-up.
Example 2
Prosperous Pte Ltd is in the third year of business and prepare for filing to ACRA & IRAS.
The sales turnover for the year is $2,000,000 & making a net loss of $50,000 for the year.
And the company’s net asset position (total asset – total liability = net asset) is negative
As the company is making a loss, the $2,000,000 sales turnover will be disregarded. The fee for this
company shall be $699 + $250 (XBRL). XBRL is required by ACRA when the net asset position is in deficit.
Prices for Bookkeeping Services (Transaction Based)
| Less than 10 transactions | $99 |
| Between 10 ~ 25 transactions | $199 |
| Between 26 ~ 50 transactions | $299 |
| Between 51 ~ 100 transactions | $499 |
| Between 100 ~ 200 transactions | $899 |
| 200 & above transactions | Please check with us for spe |
Discount
transactions are recorded in excel templated provided (20% discount)
transactions are recorded provided matches with bank statements (10% discount)
Add-On
Additional provision for accruals (bills received but yet to pay) ( $99)
GST Reconciliation (if Excel amount is different from IRAS submission) ($399)
Submission of GST to IRAS ($99)
Example
Prestige Pte Ltd has 80 transactions from Jan 2017 ~ Dec 2017, and all transactions
are recorded in excel format given and the final balances matches the bank statements.
80 transactions = $499
In Excel Format = $499 x 20% discount = $399.20
Amount matches the bank = $399.20 x 10% discount = $359.28
Add-on: Year end provision for accrual = $99
Total : $359.28 + $99 = $458.28