Singapore Company Incorporation Package #SGLLC05 - Company Incorporation with Employment Pass Application

Singapore Company Incorporation Package with Employment/Working Visa for Foreign Entrepreneurs - who wish to stay and work in Singapore

1. Scope of Services and Fees of Package #SGLLC05

	Name check and reservation
	Preparation of memorandum & articles of the company and other incorporation documents
	Preparation of registration forms
	Professional & Filing Fees
	E-Certificate of incorporation
	Preparation of compliance corporate kit, including corporate seal, share certificates, register and minutes book
	Minutes of first board meeting
	Resolution to open a bank account

(2) Corporate Secretarial Service

Singapore Companies Act requires all Singapore Companies to appoint a Company Secretary to handle on-going statutory compliance matters. Kaizen can act as the named Company Secretary for your Company to comply with ACRA requirements.

	ACRA Compliance Alert & Reminders
	Named Company Secretary registered with ACRA for 12 months
	Maintaining the statutory books, preparation of all relevant minutes for Directors?and Shareholders?meetings.

(3) Registered Office

Provision of Singapore local address as registered office for your Singapore company for one year.

(4) Employment Pass Application

Application documents preparation and filing the application and follow up with MoM, including provision of nominee director service for two months.

Total Package Price (1) + (2) + (3) = USD2,480.00

Note: Package inclusive of provision for acting as Nominee Director fee and provision of registered office for 2 months. This is being arranged in way assuming that after you obtain your Employment Pass, you will be moving to Singapore to set up your own business and then them you can act as the director and also have your own office as registered office.

While we are acting as your Nominee Director, we requires a refundable security deposit of USD1,200. This deposit will be fully refunded to you upon termination of our acting as nominee director.

If you also need a corporate account in Singapore or Hong Kong for your Singapore company, we can assist you to set up such a corporate bank account at a fee of USD425.

Price includes

• Incorporation on the Same Day (please allow 3 days for the ACRA to issue the Certificate of Incorporation and 3 days to make the Company Kit and delivery), upon Company name reservation approval from ACRA.
• All evaluation & follow-ups are performed by Senior Corporate Consultants
• Application for Employment Pass with MoM
• All services are performed under one roof

The Package Fees cover the Pre- & Post-Incorporation process, including One Year Corporate Secretarial service to take care of on going statutory requirements and handling the application for Employment Pass.

2. Singapore Company Incorporation Procedure

Set-up procedure

• Fill up our order form providing information on the choice of company name, nature of business, and details of the shareholders / directors.
• Submit the form back to Kaizen for check of name availability and preparation of pre-incorporation documents for signing
• Upon payment, company is incorporated immediately.

Set-up Requirements for Formation of Private Limited Company in Singapore

• Minimum 1 Shareholder + 1 Director + 1 Company Secretary
• Shareholders may be corporations or individuals
• At least one Director must be a resident of Singapore. i.e. Singapore Citizen/ Singapore Permanent Resident (PR)/ Singapore Employment Pass Holder. Our package fee already covers the provision of one local Nominee Director for one year
• The Shareholder can also act as Director
• The Company Secretary has to be Singapore resident. Our package fee already covers the provision of the Company Secretary for one year
• Sole shareholder and director cannot act as Company Secretary
• Minimum initial paid-up share capital is S$ 1.00
• A Singapore Private Limited Company must have a Registered Address in Singapore. Our package fee stated above does not cover the provision of registered office. Registered Office could be ordered with the registration package at USD240 for a period of 12 months.

3. Time Frame for the Company Registration and Employment Pass

The company registration in a typical case takes anywhere from 3 days to 2 weeks. The employment pass application takes around 2 weeks.

4. Payment Term and Methods

We require full payment in advance. As to payment method, please click here to browse the payment methods currently available.

For further information or assistance, please call us:

Hong Kong Office: +852 2341 1444
Singapore Office: +65 6295 2884
Shenzhen Office: +86 755 8268 4480
Shanghai Office: +86 21 6439 4114
Beijing Office: +86 10 6874 8420

or send email to enquiries@bycpa.com.