Package FC-1: Subsidiary Company incorporation + Nominee Director on an ongoing basis
about
About this package
Suitable for a foreign company which incorporates a subsidiary company in Singapore and it has no current plans to relocate any of its senior staff to Singapore. In that case Transcend will provide nominee Director on annual basis.
Documents
We require following documents from you
You can send us scanned copies of these documents, and bring original documents for verification during your visit to Singapore.
Documents must be in English, otherwise official translation will be required.
Package price is explained in two parts. First the cost at the time of initial setup and recurring cost for subsequent years
One time cost at the time of incorporation
Company incorporation | 788 SGD |
Registered Office Facility (1 year) | 600 SGD |
Company Secretary for 1 year | 800 SGD |
Nominee Director for 1 year | 3000 SGD |
Total setup cost | 5188 SGD |
Refundable deposit for Nominee Director | 2000 SGD |
Total payment at the time of setup | 7188 SGD |
Recurring cost every year from year 2 onwards
Service charged | Amount |
Registered Office Facility (1 year) | 600 SGD |
Company Secretary for 1 year | 800 SGD |
Nominee Director for 1 year | 3000 SGD |
Total charges from year 2 | 4400 SGD |
Company is incorporated on the same day you sign documents. After incorporation we will email below documents to you
1 | Electronic certificate of company incorporation |
2 | Company profile extract form Registrar of Companies (called ACRA Bizprofile) |
3 | Memorandum and articles of association of the company |
4 | Scanned copy of all incorporation documents you signed in our office |
This package price also includes following
1 | Free bank account opening with certain banks |
2 | Share certificates |
3 | Company seal (Kept with us) |
4 | Stamp (Kept with us) |
5 | First board meeting minutes |
6 | Government fees are included |
Following steps are involved in this process. Personal visit is recommended for incorporation.
Step-1 | Provide Company Incorporation DetailsProvide the scanned copies of documents and our forms with relevant details |
Step-2 | PaymentUpon receipt of the completed form, we will send you an invoice for our services. Payment must be made in advance before we commence the incorporation |
Step-3 | Prepare Incorporation DocumentsUpon receipt of the payment, we will prepare the necessary incorporation documents. You will need to visit our office to sign the documents in person. In case you want to send notarized documents from your home country then that option is also available. |
Step-4 | Incorporate CompanyAfter the documents are signed, we will proceed to incorporate the company. |
Step-5 | Open Bank AccountAfter the company is incorporated we will organise your meeting with the bank. Bank will conduct its due diligence before opening the account |