SOAS embraces information technology and streamlining and simplifying work procedures that generate productivity gains and allow its services to be priced competitively. This enables SOAS to pass the benefits of lower prices to clients. All fees and charges mentioned are subject to the prevailing Goods & Services Tax (GST) of 7%.
Company Incorporation services
Our fee for incorporation fee is based on the number of shareholders and officers at S$75 per individual and S$300 per corporate shareholder plus a 4% administration fee and ACRA registration charges. For determining the cost of incorporating your new company, See our Incorporation Calculator.
For incorporation of a new company in Singapore under the Company Act, one resident director, a resident company secretary and a registered company office address in Singapore are required. Where necessary these services will be provided by SOAS.
The appointment of nominee company director will be provided free of charge for the first three months including the month in which the company is incorporated. Thereafter, this service will be billed on a quarterly basis at a fee of S$650 per quarter with a minimum contractual period of one financial year. A S$2,600 security deposit for directorship appointment is collectible upfront before incorporation of the company.
Company secretary appointment
The appointment of company secretary will be provided free of charge for the first six months including the month in which the company is incorporated. Thereafter, this service will be billed on a quarterly basis at a fee of $75 per quarter for up to 3 members/officers plus S$15 for each additional member/officer. This service is for a minimum contractual period of two financial years.
The appointment of company secretary includes the preparation of resolutions for annual general meetings and the filing of annual returns to Accounting and Corporate Regulatory Authority.
Other corporate services such as preparation of resolutions for the appointment and resignation of officers, changes of particulars of the company as well as members and officers, declarations of dividends and directors’ fees, share allotments and transfers, and other corporate services are separately charged. Please refer to Corporate Service Fee Schedule for the details.
Registered office address with mail services
This service will be billed on a quarterly basis at a fee of S$50 per quarter. All mails received for the company will be scanned, digitally stored and managed with online retrieval facilities. As for cheques received, they will be deposited into the company’s designated bank. As for parcels or bulky items, the company will be notified for self-collection, otherwise they will be couriered upon your instruction and charged on a case by case basis.
Modes of payment
SOAS Trust Limited offers consultancy services for companies to be incorporated in Labuan to take advantage of low tax benefits from off-shore trading, setting up of Labuan foundations, trust funds or private funds and wealth management.