Incorporation of Company Package
S$450One Time
- ACRA Company Name Check
- ACRA Company Name Registration
- Company Constitution
- Company Business Profile
Let’s talkServices and pricing.
Start your company. Take care of the essentials.
Find the support your business needs.
For new and existing private companies limited by shares.
S$450One Time
S$600Annually
S$200Annually
Raffles Suite software tools to help you level up your business. FREE for all clients of Raffles Corporate Services.
Explore Raffles Suite →S$750Annually
S$850Annually
S$650One Time
S$200Annually
For Variable Capital Companies, please click this link.
For Societies, please click this link.
Ensure a procedure that is free of hassles and errors when you need to set up a local company. We provide the expertise to assist and advice in a cost-effective and timely manner so that you can focus on other business matters.
Singapore is an ideal destination for setting up a company. We assist overseas clients in setting up and managing companies in Singapore. We are also familiar with setting up and maintaining offshore companies. If you are a foreigner and are looking to set up a company in Singapore or if you are looking to set up offshore companies, we are well equipped to do the job for you.
Some requirements when overseas clients set up a company in Singapore include:
Download Company Registration Documents
In Singapore, every company has to have a local resident director. This director can be a Singaporean, a Singapore Permanent Resident or a foreigner with a valid pass who is residing in Singapore. If you do not have a local director, you may use a nominee director to fulfil this position.
Our nominee director services start from $2,000 per annum. There will be a $3,000 refundable deposit. This deposit will be held by Raffles Corporate Services Pte Ltd (Raffles Corporate Services). The appointed nominee director is not an employee of Raffles Corporate Services. The refundable deposit will be released to the nominee director if the company encouters any legal or administrative matters which require the nominee director to incur disbursements. This deposit will be refunded to the client within 7 working days after the termination of the nominee director service. A reduced deposit will be accepted if the accounts are done in-house by Raffles Corporate Services.
For clients on our nominee director service, please note that we will require monthly bank statements are to be sent to our firm’s mailing address. In the event the company is non-compliant with The nominee director reserves the right to resign if there are non compliance with various regulations.
With the introduction of the Corporate Service Providers Act 2024 (“CSP Act”) which came into force on 9 June 2025, certain duties are placed on corporate service providers (CSP) like Raffles Corporate Services. Due to the increase compliance requirements, we may levy additional fees on foreign individuals especially if the transaction is a remote transaction.
Please note that for remote transactions involving the incorporation or transfer/ sale of a shelf company, we will require a video call to be done with the relevant parties as part of our due diligence requirements.
For new and existing private companies limited by shares.
S$700billed quarterly
Up to 30 transactions/month
1 bank account
Bank reconciliation
Quarterly P&L and Balance Sheet
Setup and on-boarding
Single currency
(For clean records with straightforward structure)
S$1,100billed quarterly
Ask for quote
* A transaction is defined as one line on a bank or credit card statement. Payroll runs count as one transaction per run. Transfers between the company’s own accounts count as one transaction.
S$350Onwards
S$700Onwards
A copy of the tax computation will be provided to the client for endorsement before the filing of the corporate taxes.
The company will need to appoint “Raffles Corporate Services Pte Ltd” as a corporate tax filing agent to facilitate our filing of the company’s corporate taxes.
The ECI Filing relates to the same financial period as the Corporate Tax filing.
(Note: We have bundled the ECI Filing with the Corporate Tax Filing as it generally follows that when we prepare the ECI for a company, we would be in the best position to file the Corporate Taxes for the same company as we would use the same calculations which we used to calculate the figures when we filed the ECI. We will cease filing of ECI as a sole service from 1st December 2023.)
Non-routine services. This list is not exhaustive.
Services | Existing Clients | Non-Existing Clients |
|---|---|---|
Preparation of Unaudited Financial Statements | from $550 | from $650 |
Preparation of Unaudited Financial Statements in XBRL Format (Includes a set of Financial Statements and the XBRL file which will be uploaded to BizFinX) | $400 (simplified)$600 | $700
|
Annual Return Filing (Includes the filing fee payable to ACRA) | $160 | $300 |
Preparation and Filing of Director’s Resolution | $100 | $200 |
Preparation and Filing of Annual General Meeting Documents | Free | $300 |
Preparation and Filing of Extraordinary General Meeting Documents | $350 | $450 |
Allotment of Shares / Transfer of Shares (includes subscription agreement and shareholders’ resolutions and filings) | $350 | $500 |
Reduction of Share Capital (Non-Court Order Method) | $450 | $600 |
Registration of GST | $300 | $400 |
GST Filing | $450 | $550 |
Application and Filing of Extension of Time (EOT) | $380 | $500 |
Filing of Cessation of Business | $200 | $200 |
Striking off of Company | From $300 (Depends on the complexity of the matter) | From $500 (Depends on the complexity of the matter) |
Winding Up | From $600 (Depends on complexitiy of case and number of filings) | From $800 (Depends on complexitiy of case and number of filings) |
Company Stamp | From $35 (Depends on size) | – |
Company Seal | From $90 (Depends on size) | – |
Registration of Trademark (includes IPOS fees) | $780 (per trademark per class) | $880 (per trademark per class) |
Filing of C-S / C-S (Lite) | From $350 | From $350 |
Filing of Form C | From $700 | From $700 |
Filing of ECI | From $300 | From $300 |
Item | Price | Remarks |
|---|---|---|
CPF Account Application | From $100 | – |
One-time payroll setup | From $100 | – |
One-time bank GIRO setup | From $300 | – |
Payroll: Fixed monthly salary | From $150 | 1st 5 active employees, Per extra headcount starts from $30 |
Payroll: Variable monthly salary | From $200 | 1st 5 active employees, Per extra headcount starts from $50 |
Preparation Of IR8A | From $150 | per staff |
Preparation Of IR21 * | From $250 | per staff |
Talent Acquisition | Get a quote | per staff |
S$1,800Annually
Named DPO registered with PDPC
S$3,600Annually
Everything in Essentials plus a Data Protection Management Programme (DPMP)
S$6,000Annually
Everything in Standard plus quarterly compliance reviews
ONE – OFF / PROJECT SERVICE
| Service | Proposed fee |
| PDPA Gap Assessment (SME, up to 3 data flows) | S$1,500–S$2,500 |
| PDPA Policy Suite (Privacy Notice + 1 internal policy template) | S$1,200–S$2,000 |
| PDPA Staff Awareness Training (half-day, up to 10 pax) | S$800/session |
| Data Breach Incident Response (ad hoc, per case) | S$500/case |
| DPTM Certification Readiness Consultancy | Quote on application |
Our associated company, Little Big Employment Agency Pte Ltd,
is a licenced employment agency with the Ministry of Manpower of Singapore.
Every company requires a corporate bank account. We can assist in the opening of the corporate bank account with the various banks in Singapore. The corporate bank account can be tailored to suit your company’s needs.
Here is a comparison of the various Corporate Bank Accounts.
Your next chapter starts here.
Starting up or switching your company secretary?
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