Package for Transfer
We will complete the paperwork that is necessary to update the ACRA about Corporate Secretarial Services transfer when it comes to the appointment of our firm as your company’s new secretarial agent. The fee for this service will include the relevant government-required filing fees.
We also offer a FREE compliance check along with this Corporate Secretarial Services package that pertains to your most recent company filing obligations. We will then notify you regarding any gaps.
We will also provide the Company Secretary Service for a period of 1 year. Please note that Singapore company law mandates that each company appoints a required local company secretary.
We will file your company’s Annual Return with the ACRA.
You may add other services to your Corporate Secretarial Services package. These may include, for example: Tax Filing, Nominee director Service, Registered Address, etc. according to your requirements and our associated fees.
Every company needs a dedicated telephone number for communicating with customers. As a bonus we are offering a dedicated Singapore Telephone number for every company in this package at a discounted price.
We suggest that you begin your company transfer discussion with us at least 2-3 weeks prior to the expiration of your previous service provider contract. By doing this, you will have sufficient time in order to confirm the services that you wish from us. It will also give us sufficient time to confirm our fees and to understand your business specifics.
It’s common practice for many Singapore corporate service providers to lock-in their clients into contracts that span several years. They do this in order to compensate for poor service and high fees. It’s advised that you avoid being trapped in a situation such as this by doing business with a company such as ours.
Once confirmed about transfer of Corporate Secretarial Services, you will need to contact your current Corporate Service provider and ask them to provide resignation of their Secretary and Nominee Director (If using this service). Once we get these documents we can arrange for the transfer and collection of your file from your previous Corporate Secretary service provider.
You will discover that working with our firm is quite easy. Upon confirmation of your decision to utilize our services, our team will do the necessary setup in our system. This will allow you to immediately begin collaboration with our service team for Corporate Secretarial Services transfer efficiently and quickly.
Our team is user-friendly and will effectively coordinate the following steps between our service team and you from beginning to end:
Once your decision to utilise our Corporate Secretarial Services is confirmed, an account will be created for you within our system. Your requested services will then be configured and the service request will be presented to you in order to arrange payment. Payments can be made via bank transfer or credit card.
We will provide a FREE compliance check of filing obligations for your company covering the previous year. You will then be notified of any gaps. At this point, you may decide to have those gaps handled by your previous service provider or if you would rather have us handle them for you.
We will make arrangements for the collection your existing company records from your previous service provider. Once the records have been collected and verified, you will be notified of any missing items that will need to be addressed.
The required paperwork to effectuate our firm’s appointment for Corporate Secretarial Services will be completed and submitted to you for your signature.
Once your signatures are obtained, we will update the ACRA regarding your appointment of our firm as your company’s secretarial agent.
Upon the updating of ACRA records, we secure a copy of your company’s updated ACRA business.
The entire process of transfer of Corporate Secretarial Services may take anywhere from 3 – 10 days. The actual timeframe will mostly depend on the time that it takes for both you and your previous service provider to comply with the requested tasks.
For each Director, UBO (Ultimate Beneficial Owner) and Shareholder of the proposed company:
For a corporate shareholder, the following documentation is needed for the parent corporate entity:
For a parent corporate entity
The following documents will be required for your parent corporate entity should your company possess a corporate shareholder:
You should first check whether or not you have already paid for this service from your existing provider as part of a service package. In any case, you can have this handled in any way that best suits you. If you’d like, we can provide this filing with additional fees along with our Corporate Secretarial Services Transfer package. Please note if there are any fines from ACRA for this then those needs to be paid in addition to the service fee we have quoted.
Generally it will take a period of 2-3 weeks to effect the transfer of Corporate Secretarial Services. After you have submitted the documents, we will need to do the KYC and then arrange for paperwork, lodgement with ACRA. Once all details are updated we will arrange for file collection.
In case of unwillingness of existing service provider to exit from the company, the transfer of Corporate Secretarial Services can still be done by shareholders resolution.
Please refer to our additional articles regarding Singapore business regulations. Our team is also available to answer your questions and we will gladly assist you.
Our packages are comprehensive. The price covers everything required.
Our service team has many years of experience. we will guide and assist you throughout your engagement.
We take pride in the quality of services we provide. Check our testimonial section to see what our clients speak about us.
Our pricing is available on our website. There are no hidden costs.
No long term contract, no commitments. If you don’t like our services you are free to change anytime.
We are very straightforward with our approach. If something in your plan is not likely to work out we will be frank to tell you so.