It depends on which law firm.NBB wrote:JP,
I've been quoted below fees for taking care of these formalities. Am I getting overcharged? It seems that way, after picking some peoples' brains here and there. What's your take?
(1) Incorporating a Singapore Company $ 1,500.00
(2) Corporate secretarial services $ 1,200.00 p.a
(including the provision of a qualified person as the company secretary)
(3) Provision of a registered office $ 360.00 p.a
The above fees estimate are given exclusive of disbursements such as the registration fee and various filing fees payable to the Registry of Companies and out-of-pocket expenses. We estimate such disbursements to be in the region of $500.00 $600.00.
Finally, what's the length of time for these procedures? Are we talking hours, weeks, months? I'm asking because I'm wondering if I must come down to Singapore in June for these things.
If my presence isn't necessary, then I may as well do the whole ball of wax in August, as this is the date I come down to Singapore for good anyway, thereby saving me a round-trip ticket, as well as my clients' wrath.
Yours Curiously,
NBB
NBB wrote:JP,
I've been quoted below fees for taking care of these formalities. Am I getting overcharged? It seems that way, after picking some peoples' brains here and there. What's your take?
(1) Incorporating a Singapore Company $ 1,500.00
(2) Corporate secretarial services $ 1,200.00 p.a
(including the provision of a qualified person as the company secretary)
(3) Provision of a registered office $ 360.00 p.a
The above fees estimate are given exclusive of disbursements such as the registration fee and various filing fees payable to the Registry of Companies and out-of-pocket expenses. We estimate such disbursements to be in the region of $500.00 $600.00.
Finally, what's the length of time for these procedures? Are we talking hours, weeks, months? I'm asking because I'm wondering if I must come down to Singapore in June for these things.
If my presence isn't necessary, then I may as well do the whole ball of wax in August, as this is the date I come down to Singapore for good anyway, thereby saving me a round-trip ticket, as well as my clients' wrath.
Yours Curiously,
NBB
I think your above fees are also way too expensive ...Pal wrote:I think the fees are expensive.
Incorporating a company - $2,000 all in
Yearly fees - less than $2,000 including registered office, secretarial, filing of tax returns, book keeping etc ...
Time needed - around 2 weeks
I will try to get the exact price break down and the contacts for you ....
Dear Guest,guest wrote:
I'm still a guest here on this forum ... pardon my intrusion. But I just have to put in my two cents worth and can't bear to see other fellow business entries being taken for a ride ... especially so when they are foreigners. I bear the same sentiments with start-up companies when I entered 3 years ago and am definitely one who would raise hell for just cause.If my postings do offence, I apologise, as they're not meant to be.
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