Sole Proprietorship
Key Information to Note
- Sole Proprietorship Structure
A sole proprietorship is a business that can be owned and controlled by an individual, a company or a limited liability partnership. There are no partners in the business.
- Cost savings when you avail this package
The package comes with 2 free transactions which are valid within the first year of the company’s incorporation and free use (one-time) of our conference room during your meeting with the bank officer for bank account opening.
What is included in the Package for Sole Proprietorship for Singapore Residents?
- Sole Proprietorship Incorporation
We will prepare all necessary forms and documents and perform the name reservation and Sole Proprietorship registration with ACRA Bizfile. The package fee includes the registration fee of S$100 and name application fee of S$15
- Free ACRA Business Profile
- Compliance Alerts and Reminders
Alerts and reminders will be sent making sure you will not miss important compliance requirements.
- Assistance with Opening of Bank Account
We arrange an appointment for the opening of bank account with local bank. You can use our conference room for free (one-time free usage) to meet with the bank officer for account opening.
- Free 2 transactions limited to Change of Registered Office Address and Change of Partner valid for 1 year from date of incorporation.
- General Advisory
We provide a 1-hour free advisory where we discuss the grants, taxation schemes, licensing, CPF, accounting and any matters that need your clarification.
