Value Starter
S$388
ACRA fee for Name application & Company Incorporation ($315)
Providing mobile bankers for Corporate Bank Account Opening
Company Business Profile & Constitution
Value BizStart
S$650
Everything in Value Starter plus:
18 Months of Corporate Secretarial Services
Company Incorporation consultation
First Board of Director Meeting
One Round Company Stamp (Self-Inking)
SMS & Email reminders for Government Filing Deadlines
30 Days MYOB (Accounting Software) Trial
Free WordPress Basic Course (Worth $198)
Super ValueBiz
S$1450
Everything in Value BizMax plus:
1st Year Compilation of Unaudied Financial Report (Conditions Apply)

*Mandatory to have at least 1 Singapore Citizen or P.R. to act as Resident Director in the Company
*Additional $80 per person will be charged on top of the package price for companies with more than 2 individuals
Conditions for Compilation of Unaudited Financial Statement
* No consolidated/ audited Financial Statements
* Accounts should not have more than 1 Loan or Hire Purchase item
* Accounts should not have construction contracts

Singapore Company Formation

1) Benefits of Limited Liability

After registration, a private limited company in Singapore becomes a separate legal entity. Hence, shareholders are not accountable for the company’s debts beyond the amount of share capital contributed.

2) First S$100,000 Profit Tax Exemption

Outlined by the Inland Revenue Authority of Singapore (IRAS), Singapore Exempt Private Limited companies can enjoy legal full tax exemptions for first $100,000 of corporate profits for the first three years.

The tax exemption policy for newly register Singapore companies will not be given to investment holding companies and companies engaged in property development activities that are incorporated on and from 26 Feb 2013 onwards. These type of companies will still enjoy the partial tax exemption.

YA 2013, YA 2014 and 2015
Companies will be given a 50% (CIT) Corporate Income Tax Rebate capped at $30,000 for each Year of Assessment.

YA 2016 and YA 2017 New!
Companies will be given a 50% (CIT) Corporate Income Tax Rebate capped at $20,000 for each Year of Assessment.

For companies incorporate by A1 wef 21/11/2016 shall get Free Corporate Tax Basic Course worth $288 and WordPress Course worth $198

(Have to attend within 4 months from incorporation date)

 

Information Required For Singapore Company Formation:

  • 2 – 3 Proposed Company Name.
  • 2 Main Business Activities Description.
  • Location of Registered Office – A1 Office or your physical office.
  • Director NRIC Identity Card copy – Front and Back (Local).
  • Foreign Director’s Passport copy, Proof of Foreign Address (Foreigners).
  • Shareholder NRIC Identity Card copy – Front and Back Copy (Local).
  • Shareholder Passport copy, Proof of Foreign Address (Foreigners).
  • Shareholding percentage breakdown.
  • Incorporate with S$1 as Paid-up Capital.

Also Read on: Singapore Company Incorporation Guide

When do you Need to Register for a Licence?

After incorporating your company, some trades need to apply for licence prior to starting their company’s operations. Such trades include Food Hawker Licence, Private School Licence, Import/Export Licence, etc.

Before Applying for a Licence

Before application for a licence, please refer to the respective agency’s website to know more about the licence details such as eligibility criteria, licence validity period and licenceor agency specific guidelines. You will also need your company’s UEN, Business Profile and supporting documents (if any).

Who needs to Apply for a Licence?

To apply for a licence, you may go to https://licence1.business.gov.sg/web/frontier/home and click on ‘Choose licence(s) by Government Agency’ for a list of licencing agencies or type the keyword into ‘Find licence(s) by Keyword’.

Participating Agencies

  • Council for Private Education (CPE)
  • Early Childhood Development Agency (ECDA)
  • Health Sciences Authority (HSA)
  • Hotels Licensing Board (HLB)
  • Housing & Development Board (HDB)
  • Infocomm Development Authority of Singapore (IDA)
  • International Enterprise Singapore (IE)
  • Media Development Authority (MDA)
  • Ministry of Law (MINLAW)
  • Ministry of Education (MOE)
  • National Environment Agency (NEA)
  • Ministry of Manpower (MOM)
  • Public Utilities Board (PUB)
  • Singapore Civil Defence Force (SCDF)
  • Singapore Police Force (SPF)
  • Urban Redevelopment Authority (URA)

How to Apply for a Licence?

Once you have decided on the relevant licence, you may visit this website to complete your application for the licence(s) by using your SingPass.  Foreigner without SingPas may request for a user account at https://licence1.business.gov.sg/web/frontier/home

Need more information?

For any enquiries, please call the LicenceOne hotline: 67741430. You may also download a user guide at https://licence1.business.gov.sg/web/frontier/help/download-user-guide or email to licences-helpdesk@crimsonlogic.com.

Testimonials from our valued customers

Company Formation Service

“Clear & Prompt Service. Easy to understand procedures.”

Company Formation Service

“Polite, courteous and very friendly staff.”

Company Formation Service

“The A1 Staffs are very knowledgeable & a great help. Great services, truly a 1 stop business solution provider. Thanks Ray for the excellent services!”

Company Formation Service

Edwin has displayed superb experience in his knowledge in helping me in the process of incorporated my company. He is also very quick in responding to my requests & questions . Most importantly he has displayed great service attitude. Job well done. Please keep it up.

Company Formation Service

Very Efficient and patient to answer all queries for private limited company.


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