Raffles Corporate Services Pte Ltd is a registered filing agent with the Accounting and Corporate Regulatory Authority (ACRA). We provide integrated business solutions to companies. We serve local as well as overseas clients in their corporate secretarial requirements. Our services include, but are not limited to the following:
- Company Incorporation Services
- Corporate Secretary Services
- Corporate Accounting Services
- Corporate Tax Services
- Company Payroll Services
- Grant Consultancy and Application Services
- Office Setup and Office Relocation Services
- Corporate Financing Services
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Our Packages
Our Corporate Secretarial Packages
For new and existing PRIVATE Companies Limited by Shares
Annual Corporate Package
- Maintaining of Company Register
- Maintaining of Company Meeting Minute Books
- Maintaining of Non-Public Register of Registrable Controllers
- Preparation of Annual General Meeting Notice
- Drafting of Annual General Meeting Resolution
- Filing of Company Annual Returns to ACRA (Excludes $60 payable to ACRA)
- Corporate Secretarial Compliance Advisory
- Filing Due Dates Reminder
- Provide a Named Secretary as Mandated by ACRA
Incorporation of Company Package
- ACRA Company Name Check
- ACRA Company Name Registration
- Model Company Constitution
- Company Business Profile
Registered Office Package
- Provide a Registered Office for the Company
- Mail Forwarding Services
- Mail Collection Services
- Online Depository System
Our Corporate Secretarial Packages
For new and existing PUBLIC Companies
Annual Corporate Package
- Maintaining of Company Register (Up to 10 members/ shareholders. $100 per additional 10 members/ shareholders or part thereof)
- Maintaining of Company Meeting Minute Books
- Maintaining of Non-Public Register of Registrable Controllers
- Preparation of Annual General Meeting Notice
- Drafting of Annual General Meeting Resolution
- Filing of Company Annual Returns to ACRA (Excludes $60 payable to ACRA)
- Corporate Secretarial Compliance Advisory
- Filing Due Dates Reminder
- Provide a Named Secretary as Mandated by ACRA
Incorporation of Company Package
- ACRA Company Name Check
- ACRA Company Name Registration
- Model Company Constitution
- Company Business Profile
Registered Office Package
- Provide a Registered Office for the Company
- Mail Forwarding Services
- Mail Collection Services
- Online Depository System
Our Corporate Secretarial Packages
For new and existing Variable Capital Companies
Features of Annual Corporate Package
- The Annual Corporate Package is sufficient for most companies with regards to the essential requirements mandated by law.
- This package is for companies that are already incorporated and are looking to appoint a Corporate Service Provider (CSP) or are looking to our company as their CSP.
- A named secretary will be provided. Correspondence and advisory on company matters is via email and WhatsApp. Queries will be replied by the named secretary for your company or a representative from our company.
Features of Incorporation of Company Package
- One time payment for those looking to incorporate a Singapore company.
- Incorporate your Singapore company within 1 hour.
- Model constitution will be used for incorporation.
- Additional share certificates will be charged at $100 per share certificate.
- Price is for a single local director and shareholder (natural person or entity). We may levy an additional $100 per additional local director and shareholder and an additional $200 per foreign director and shareholder (natural person or entity).
Features of Registered Office Package
- Our registered office is located at Chin Swee Road, Chinatown.
- Mails are forwarded every Monday. If a Monday falls on a public holiday, the mail will be forwarded the next working day.
- Mail collection at our office is from 10 am to 5 pm, Monday to Friday, excluding public holidays.
- Please note that we do not provide registered office services as a standalone service.
COMPANY REGISTRATION
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.
WE WORK WITH OVERSEAS CLIENTS
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:
In Singapore, every company has to have a 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 resident director, you may use a nominee director to fill this position.
Our nominee director services start from $2,000 per annum. There will be a $3,000 refundable deposit. 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.
Please note that monthly bank statements are to be sent to our firm’s mailing address. We reserve the right to resign or strike off the company if there are suspicious transactions in the bank statements. If the company is struck off by our firm, the refundable deposit, less any costs and outstanding fees, will be refunded 4 months after the striking off date.
Our Accounting Packages
For new and existing Private Companies Limited by Shares
Starter
- Up to 25 transactions monthly
- Bank reconciliation
- Quarterly management reports
- Setup and on-boarding
- Xero subscription (single currency)
Standard
- Up to 50 transactions monthly
- Bank reconciliation
- Monthly management reports
- Setup and on-boarding
- Xero subscription (single currency)
Pro
- Up to 100 transactions monthly
- Bank reconciliation
- Quarterly management reports
- Setup and on-boarding
- Xero subscription (single currency)
Our Corporate Tax Filing Packages
For new and existing Private Companies Limited by Shares
Form C-S / Form C-S (Lite)
- Simplified Tax Computation
- Form C-S / Form C-S (Lite) Filing
- ECI Filing (If necessary)
Form C
- Comprehensive Tax Computation
- Form C Filing
- ECI Filing (If necessary)
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.)
Other Fees
In line with promoting a more transparent fee structure, this is our firm’s fees for non-routine services. Please note that this list is not exhaustive.
| Service | Existing Clients | Non-Exisiting Clients |
|---|---|---|
| Preparation of Unaudited Financial Statements | From $450 | From $550 |
| Preparation of Unaudited Financial Statements in XBRL Format (Includes a set of Financial Statements and the XBRL file which will be uploaded to BizFinX) | From $600 | From $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 | $300 | $450 |
| Allotment 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 |
| Application and Filing of Extension of Time (EOT) | $350 | $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 onwared (depending on complexitiy of case and number of filings) | From $600 onwared (depending on complexitiy of case and number of filings) |
| Company Stamp | From $35 (Depending on size) | - |
| Company Seal | From $90 (Depending 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 $300 | From $300 |
| Filing of Form C | From $700 | From $700 |
| Filing of ECI | From $300 | From $300 |
For visa, employment and work pass related charges please refer to https://singaporeemploymentagency.com/.
HR Outsourcing Packages
| Item | Price | Unit | 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 |
Data Protection Service Packages
Premium Plan
- Outsourced Data Protection Officer (Registration with ACRA or PDPC, Business contact of DPO for public)
- PDPA assessment to identify current risks and gaps
- Develop Data Protection Policy in accordance with organisation’s needs
- Develop Data inventory map to document data flows
- Develop Data Breach Management Plan (Complaints handling protocol, Data breach respond plan)
- Data Protection Officer Basic Training (1 Day)
- Training for staff on organisation’s data protection policy (half-day)
- Data protection management advisory
- 4x data protection impact assessment (when organisation implements new work flows or systems)
Custom Plan
- For clients who requires a little bit more and bespoke services, we will craft a service plan that will suit your needs.
Please note that as part of our Corporate Secretarial Compliance Advisory service in our Annual Corporate Package, we will assist in the registration of the DPO with the Registrar. We will also provide a simplified Data Protection Policy for the company. The Data Protection Service Packages are on top of what we provide as part of our Corporate Secretarial Compliance Advisory.
Employment Services
Opening of Corporate Bank Account
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.
Frequently Asked Questions
I would like to appoint Little Big Secretary Services as my corporate service provider. Which packages should I sign up for?
You should sign up for the Annual Corporate Package as that covers just about all the requirements you need to fulfil as mandated to law. If you require a registered office, you should add on the Registered Office Package.
I want to start a company. How can I start?
You can engage Singapore Secretary Services to assist you in incorporating your company. You will need the Incorporation of Company Package and if you are engaging us as your corporate service provider, you will need to add on the Annual Corporate Package. If you need a registered office, you will need to add on the Registered Office Package.
Is there a need to hire a professional corporate secretary to handle my company matters?
You can hire anyone to be the secretary of your company. It is mandated by law that every company needs to have an appointed within 6 months of incorporation. However, company matters may be complex and if they are not handled properly your company may be in breach of certain regulations. It is important to adhere to the Companies Act as well as the Constitution of your company when dealing with company matters.
I am not a Singaporean. Can I incorporate a company and what are the costs involved?
Foreigners can start companies in Singapore. However, every company requires a local director although shareholding of a Singapore company can be 100% foreign. A foreigner may apply for a valid employment pass to work as the local director or else the company may need to hire a nominee director. You may send us an email at [email protected] with your requirements and we can advise you further.
Do you do incorporation of offshore companies?
Yes, we do. For the incorporation of offshore companies, the process is slightly different. We will have to give you a separate quotation with regards to the costs involved. You may drop us an email at [email protected].
Do you do incorporation of variable capital companies?
Yes, we do. For the incorporation of variable capital companies, the process is also slightly different. You can engage your own fund manager and law firm or you can engage our preferred fund manager and law firm. We will have to give you a separate quotation with regards to the costs involved. You may drop us an email at [email protected].
How does your virtual registered office work?
We are working with an external vendor to digitize all corporate documents. You will be given an online login to access all your corporate documents. The letters that we receive on your behalf will be deposited in the online depository system.
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Contact Us
Raffles Corporate Services Pte Ltd
(Filing Agent Number: FA20230023)
Address: 151 Chin Swee Road, #02-04A, Manhattan House, Singapore 169876
Operating Hours:
Mondays to Fridays 10 am to 6 pm
+6582222886 (Call, SMS, WhatsApp)
[email protected]
We are also on the following platforms:
Skype ID: +6582222886
WeChat: sgsecretaryservices
Telegram ID: singaporesecretaryservices or +6582222886
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Amalgamation of Little Big Secretary Services Pte Ltd’s business