Singapore Company Setup Costs in Detail
Form a Singapore company and be a part of the booming Asian market for just $2,500!
We offer:
- Transparent Pricing
- Minimal turnaround time
- Premium company setup services
- Consultation on incorporation cost management
Knowing the right Singapore company registration fees can save you a lot of time and resources. On this page, we will solely discuss the Singapore business setup cost quoted for our company formation packages. Here, we also include the pricing for additional and nominee services.
If you are interested in learning about other offshore jurisdictions as well, offshore company formation is your go-to guide!
Singapore Company Setup Costs and Packages
Gryffin Capitalist offers two exclusive Singapore company setup costs and packages designed to provide global business solutions. All fees are quoted in USD and cover the first year of operations. It also includes government fees for the first year. Choose the desired package that meets your current business requirements.
Singapore Standard Package
Singapore company setup cost: $2,500.
Our Standard Package covers everything our clients need to start a company in Singapore. It is designed for investors and entrepreneurs who want their company formed seamlessly with all statutory elements in place.
Our Package Includes:
- Singapore Company Formation
- Issuance of the Certificate of Incorporation
- Document Processing and Submission
- Preparing and Filing the MOA and AOA
- Singapore government filing fee coverage for 1 year
- Registered Agent and Registered Office Address Service for 1 year
- GC Account Manager at your Service for 1 year
Singapore Executive Package
Singapore company setup cost: $3,400
The Executive Package covers one important element essential for all businesses: a corporate bank account. We offer dedicated bank account support and include everything in the Standard Package.
Our Package Includes:
- Includes all the Services Offered in our Standard Package
- Certification of Corporate Documents for International Use
- Complete Bank Account Opening Assistance
- One-Time Application with the Right Bank
- Preparation of Bank Application & Supporting KYC Documents
- Fast-track Appointment With a Bank Representative
Singapore Company Setup Cost: Additional Services
Beyond the core packages, fees charged for additional services in Singapore are as follows:
| Additional Services | Description | Service Fee |
|---|---|---|
| Nominee Director | An individual or corporate body appointed to perform statutory duties on behalf of the real director. | Starts from $1500 |
| Nominee Shareholder | An individual or corporate body appointed to perform statutory duties on behalf of the real shareholder. | Starts from $1500 |
| Power of Attorney | A legal document that gives the authority to a specified person to act on the company’s behalf. | $350 |
| Change of Registered Agent | Includes appointing a new registered agent, filing a Notice of Change and ensuring full compliance. | Price on Request |
| Certificate of Good Standing | An official certificate confirming that the company is fully authorized to conduct business operations. | $250 |
| Certificate of Incumbency | An official document listing the important details of the company’s current directors, shareholders, and officials. | $200 |
| Company Seal | A company seal that is used to authorise and place formal documents of the company. | $150 |
| Restoration of Company | Restoration of a Singapore company that got struck off by the Accounting and Corporate Regulatory Authority. | Price on Request |
| Notarization and Apostille | Apostille certification of corporate documents for a Singapore company for international use and seamless transactions. | $600 |
| Company Liquidation | Assistance during the company liquidation process. | Price on Request |
| Official Entity Search Certificate | Assistance in finding company details from the Singapore ACRA BizFile portal and issuance of a formal certificate. | $250 |
Singapore Company Setup Costs: Renewal Services
Companies in Singapore must pay their annual renewal fees before the deadline to remain in good standing with the government authorities. The renewal fees listed below apply from the second year of registration onwards.
$2750
Company Renewal Service (includes government fees)
- Registered Office and Registered Agent Service for 1 year
- Annual Filing of Register for Directors, Shareholders, and UBOs
Exact Timeline for Singapore Company Formation
Here is a timeline of how our team seamlessly assists during company formation in Singapore.
| Timeline | Process |
|---|---|
| DAY 1 | Selection of the desired Singapore company formation package and submission of KYC credentials. |
| DAY 1-2 | Review and complete verification of the submitted KYC documents. |
| DAY 2-3 | Filing of the company registration form with the ACRA in Singapore. |
| DAY 3-4 | The Certificate of Incorporation is officially issued in Singapore. |
| DAY 5 | Initiating the delivery of the full company kit by our team via digital or physical means. |
| DAY 5 | For the executive package, our team initiates the bank application process and schedules an appointment with a bank representative. |
This was all about the Singapore company setup costs and packages prepared by the Gryffin Capitalist team for a transparent, hassle-free setup experience. To learn more about the costs and pricing in other offshore jurisdictions, explore our offshore incorporation packages. If you have any additional queries, contact us anytime for a clear picture!
Frequently Asked Questions (FAQs)
What is the cost of setting up a company in Singapore?
The cost of setting up a company in Singapore with Gryffin Capitalist is $2,500 for the Standard Package and $3,400 for the Executive Package.
Can a foreigner form a company in Singapore?
Yes, foreign entrepreneurs can register a company in Singapore but they must appoint a local director from Singapore.
Is a company secretary mandatory in Singapore?
Yes, appointing a company secretary is mandatory for companies formed in Singapore.
Does the Singapore company incorporation fee also include annual renewal costs?
No, the company incorporation fees do not include renewal costs. It covers the registration process only.
Is the Singapore Private Limited company registration cost the same as mentioned in your package?
Yes, the setup cost quoted in our packages is the same for a Private Limited company in Singapore.
What our clients say
The team at Gryffin Capitalist is efficient. Starting from offshore company formation to offshore banking, they guided me step by step, ensuring smooth registration in BVI.
Fantastic support throughout the process! I am delighted with Gryffin Capitalist's service. They made Seychelles business registration seamless and stress-free.
I registered an IBC in Belize with Gryffin Capitalist, and the process was seamless. They helped me choose the proper structure. They assisted me with my international bank account.
