Incorporation of Company in Singapore: How to Register for Free

For any entrepreneur, the incorporation of company in Singapore is the first big milestone. It is the moment your “big idea” becomes a legal business.

However, many founders get hit with high fees before they even make their first dollar. At Acrafile, we believe that the incorporation of company in Singapore should be fast and easy. Therefore, we have made our service free of professional fees.

The Real Cost of Incorporation of Company in Singapore

When you use a traditional provider, you usually receive two bills. One is for mandatory government fees. The other is for professional service fees, which can often cost hundreds of dollars.

By contrast, Acrafile offers a simpler approach. We handle your company incorporation in Singapore with S$0 service fees. We take care of the paperwork and filing at no cost. As a result, you only need to pay the mandatory government fees :

• S$300 for the ACRA Incorporation fee.

• S$15 for the Name Reservation fee.

• Total: S$315.

Therefore, you can register a Singapore company at the minimum possible cost.

If you are looking for guidance on incorporating a business in Singapore, you may also find our article “Step-by-Step Guide to Singapore Business Incorporation” helpful.

Our Secret: The Compliance Bundle

You might wonder how we can offer this for free. The answer is actually very simple. We believe that compliance should be guaranteed from the very first day. To achieve this, entrepreneurs simply subscribe to our Compliance Bundle for just S$158 per month.

Furthermore, we designed this bundle because the incorporation of company in Singapore is just the start. Because of this, running a business requires following strict rules every month.

What the S$158/Month Bundle Includes

This is more than just bookkeeping. Specifically, it is a full-service engine that runs in the background.

• Professional Company Secretary
  Singapore law says you must have a Secretary. Because of this, we handle all your ACRA deadlines. We also keep your official records updated so you stay in good standing.
• Monthly Payroll Management
  As you hire staff, CPF calculations can get hard. Luckily, we handle these for you. We generate staff payment reports to ensure your team is paid on time.
• Corporate Taxation Support
  Tax season is stressful for any small business. For this reason, we prepare your annual filings. We also support your IRAS submissions to ensure you get all your tax deductions.
• Monthly Financial Reports
  You cannot grow a business if you don’t track your money. Thus, we provide a monthly compilation of accounts. This gives you a clear view of your financial health.

Additionally, this setup means you can focus entirely on your sales and growth.

Why Choose Acrafile for Incorporation of Company in Singapore?

Our primary mission is to make the incorporation of company in Singapore both fast and compliant. By choosing Acrafile, you aren’t just saving money on fees. Instead, you are buying peace of mind for the future. In short, you save time and eliminate the risk of legal penalties.

However, new entrepreneurs should also understand paid-up capital before incorporating a company. Paid-up capital refers to the amount shareholders invest when setting up the business. If you would like to learn more, you may find our guide on paid-up capital in Singapore helpful.

With Acrafile handling your incorporation and compliance requirements, you can focus entirely on growing your business while we take care of the administrative work.

Ready to start? Contact Acrafile today for a free consultation and let us help you get your company registered.