3.

Corporate Secretarial Services

There are many steps in setting up a Company in Singapore and appointing a Corporate Secretary is one of them. Of course, if you intend to be a sole proprietor or a partnership, there is less on the list of things to do!

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According to the Accounting and Corporate Regulatory Authority (ACRA) in Singapore, the following must be fulfilled after the incorporation of a Company:

​1. Every company must appoint a secretary within 6 months from the date of its incorporation.

2. The company secretary must be residing locally in Singapore and he/she must not be the sole director of the company.

3. The secretary of a public company must comply with section 171(1AA) of the Companies Act i.e. must possess at least one of the following qualifications:

  • Qualified person under the Legal Profession Act (Cap. 161).

  • Public accountant registered under the Accountants Act (Cap. 2).

  • Member of the Institute of Certified Public Accountants of Singapore.

  • Member of the Singapore Association of the Institute of Chartered Secretaries and Administrators.

  • Member of the Association of International Accountants (Singapore Branch).

  • Member of the Institute of Company Accountants, Singapore.

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Our core services included in the pricing quoted is detailed below-

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Company

  • Setup of Corporate Entity (Registration of Name and Entity according to requirements)

  • Administration on setup (Creation of Company Seal, Stamp, Issuance of Shares)

  • Administration on Board of Director meetings, Annual General meetings, Resolutions, Maintenance of Registers (*Additional fees apply if more than 2 directors)

  • Advice on timeline and proceedings required by a Company

  • Annual filing of accounts and relevant information to ACRA

  • Provision of licensed Corporate Secretary

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Additional fees not included:

  • Company registration fee: Approx $315

  • Company seal & Stamp: Approx $90

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Sole proprietor / Partnership 

  • Setup of Corporate Identitity (Registration of Name and Entity according to requirements)

  • Advice on timeline and proceedings required by a Sole proprietor / Partnership

  • Annual filing of accounts and relevant information to ACRA

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Additional fees not included:

  • Business registration fee: Approx $115

  • Home Office Scheme: $20

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