| Incorporation of company service includes; |
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filing and obtaining permission for the proposed names; |
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preparing and filing the Memorandum and articles of association and other incorporation documents; |
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providing the statutory registers and company seal; |
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giving professional advice on the practically and suitability of corporate structure that is to be formed. |
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acting either singly or jointly as company secretary to our client company . This means taking on the statutory responsibilities required of the appointment in certain cases, an indemnity be required; |
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Updating company's statutory registers; |
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Filing of statutory returns and other necessary documents with the Accounting & Corporate Regulatory Authority; |
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Drafting notices and agenda for the Annual General Meeting/Extraordinary General Meetings; |
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Convening and attending Board of directors' and Shareholders' Meetings; |
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Preparing minutes and resolutions of Board of Directors and shareholders; |
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Advising and reminding client companies of their latest date on which their Annual General Meeting may be held; |
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Advising client companies on the latest date by which statutory accounts have to be filed with the Registrar of Companies; |
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Providing our address as the registered office of your company, and re-direct all mails, unopened, to the specified address given by you. |
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Professional consultation on company’s restructuring, re-organisation and companies act matters. |
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Other secondary services provided under our corporate services umbrella include the following:
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Nominee Services
If required, we are prepared to act on your behalf as nominee. This includes acting as nominee director or shareholder to satisfy the statutory requirement in Singapore and other jurisdictions. In certain cases, an indemnity may be required.
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Requirement for nominee director services
In connection to the provision of nominee director, we require the following :
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A Security Deposit of S$3,000.00 per director. (The security deposit of S$3,000.00 per director is for compliance requirement purposes. We will inform you should there be any offsetting against the deposit amount. Upon resignation of each of the nominee director provided by us, the full deposit of S$3,000.00 or part thereof will be refunded to you.) |
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A letter of indemnity from your client in favour of each nominee director. |
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A blank proxy form to be signed by each shareholder. |
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That the Company's account to be audited by our associate, a CPA firm. |
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Registered Office
We can also provide registered office to any public or private companies registered in Singapore.
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Employment Pass Application Service
As part of our value-added service, we assist in the application of professional employment passes for expatriate staff and dependent passes for their family members as well as working permits for foreign workers.
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Permanent Residence Application Service
We also help in your application for permanent residence in Singapore.
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Book Keeping Services
We help you to develop, maintain and improve your bookkeeping systems and controls. Generally, we provide the following services to cater to the needs of our clients:
- General Ledger Accounting
- Sales/Debtor Accounting
- Purchases/Creditor Accounting
- Stock Accounting
- Preparation of periodical management reports/income and financial statements
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Tax Compliance Services
We have the experience consultants to assist you on all aspects of Singapore tax compliance including corporate and personal tax, goods and services tax (GST), property tax, stamp duty and estate duty as well as assist you in your tax administration.
For corporate clients, we also help to prepare, liaise, negotiate and submit you applications for local tax incentives that are currently administered by the Comptroller and other statutory bodies such as the International Enterprise (Singapore) and Economic Development Board.
In addition, we also, through our overseas correspondents, assist in the development of tax efficient international corporate structures and strategies. On an individual basis, we provide personal tax advice to maximize claims relief. Our tax compliance service is personalised and confidential; and we make It our objective to achieve the most favourable tax position for our clients while simultaneously ensuring tax compliance.
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Setting Up Offshore Trust Services (More Info)
A trust is a common law concept. The essence of a trust is the separation of legal and beneficial ownership of assets. As a result, trusts are effective for estate and tax planning purposes. Trusts are flexible arrangements that are used for a variety of private and corporate purposes. They also offer confidentiality, as neither public registration nor disclosure is required in the country of domicile of the trust.
We establish different types of trusts according to your personal circumstances. We act as trustee and administer the trusts, looking after the underlying companies that own the assets.
As a private client we help you establish trusts and foundations for estate or tax planning purposes. We will also establish and run a private or family office for you; and are experienced in creating charitable trusts and foundations.
As a corporate client we help you administer international pension and employee benefit trusts. We set up unit trusts and fulfil the requirements for the trustee role in project finance & securitisation programmes. We also establish special purpose vehicles for corporate finance and capital market transactions.
Trust Formation and Administration
- Accumulative and Maintenance Trust
- VISTA Trust
- Charitable Trust
- Discretionary Trust
- Family Protection (Insurance Trust)
- Fixed Income Trust
- Interest in Possession Trust
- Irrevocable Trust
- Islamic Trust
- Non-Charitable Purpose Trust
- Managed Trust Companies
- Portfolio Trust
- Retirement Trust
- Revocable Trust
- STAR Trust
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Corporate Advisory Services
We have the knowledge, contacts and experience accumulated over the years to provide the following corporate advisory services, be it acquisition or remedial actions required by your business:
- business valuation and acquisition;
- corporate finance and loan application;
- restructuring and reorganization; and
- liquidation
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Instant Company Information Service
If you need information on companies and business in Singapore, we have access to the data lodged by the companies and firms through our electronic linked with registry of Companies. |
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Sole Proprietorships
A sole proprietorship is the simplest form of business ownership. It is formed essentially for businesses comprising one person (the sole proprietor). The sole proprietor is entitled to all the profits of the business and is personally liable, without limit, for all its debts and obligations.
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Partnerships
A partnership is an arrangement whereby two or more persons combine some or all of their resources, skill or industry with the object of making a profit which will be shared by all the partners. In a partnership, all the partners are personally liable, without limit, for the debts and obligations of the partnership. Any number of people up to a maximum of 20 may enter into a partnership.
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Limited Liability Partnerships (LLPS)
A Limited Liability Partnership (LLP) is a new vehicle for doing business in Singapore. This means that in addition to registering a business or a Company in Singapore, interested parties may also choose to register an LLP to carry out their business activities. The LLP Act commenced on 11 April 2005. The LLP will give the owners the flexibility of operating as a partnership whilst giving them limited liability. It combines the benefits of a partnership with those of private limited companies.
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Foreign Companies
Every foreign company must register with the Accounting & Corporate Regulatory Authority before it can establish a place of business or carry on business in Singapore. A foreign company means:
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a company, corporation, society, association or other body incorporated outside Singapore; or |
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an unincorporated society, association or other body which: |
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under the law of its place of origin may sue or be sued, or hold property in the name of the secretary or other officer of the body or association duly appointed for that purposes; and |
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does not have its head office or principal place of business in Singapore. |
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Representative Offices
The establishment of representative offices is not provided for under the Companies Act or the Business Registration Act. A representative office is required only to be registered with the International Enterprise Singapore (“IES") or the Monetary Authority of Singapore (“MAS”).
Registered offices must comply with the terms and conditions stipulated by the IES or MAS, as the case may be. |
