SC Xero Program™ Monthly Package Fees

Lean

*S$150/mo
Less than 25 bank transactions per month AND annual revenue less than S$100,000

Starter

*S$220/mo
Less than 25 bank transactions per month

Most popular

Standard

*S$320/mo
Less than 50 bank transactions per month

Growth

*S$460/mo
Less than 100 bank transactions per month

All plans come with

Xero setup and training
Xero cloud software subscription
Compulsory statutory obligations includes:

  1. Accounting/Book-keeping1 
  2. Corporate secretary routine annual filing and AGM preparation1
  3. Compilation of unaudited financial report2
  4. Tax computation and annual return3

1 Compliant with Companies Act
2 Compliant with Companies Act and Singapore Financial Reporting Standards
3 Compliant with Income Tax Act

FREE email, phone and skype support for accounting and tax questions
Half-yearly meetings with your Xero Certified Accountant

Lean

*S$150/mo

Starter

*S$220/mo

Most popular

Standard

*S$320/mo

Growth

*S$460/mo

Features

Transactions
See below for:
1)Definition of a Transaction
Less than 25 bank transactions per month AND annual revenue less than S$100,000 Less than 25 bank transactions per month Less than 50 bank transactions per month Less than 100 bank transactions per month
Xero setup and training
Xero cloud software subscription
Compulsory statutory obligations
See below for:
2) Compulsory statutory obligations include
FREE email, phone and skype support for accounting and tax questions
Half-yearly meetings with your Xero Certified Accountant

Payment terms:

  1. A $1,200 deposit is required upfront. This deposit will be set-off against the monthly package fees.
  2. Once your deposit account is negative, we will bill another 6 month deposit according to your monthly fees.

*Fee per month (SGD)

  1. For GST and/or Audited Company, monthly fee will double.

1) Definition of a transaction:

  1. Generally, we derive the number of transactions directly from your monthly bank statements.
  2. Every deposit or withdrawal is counted as one transaction.

2) Compulsory statutory obligations include:

  1. Accounting/Book-keeping1 
  2. Corporate secretary routine annual filing and AGM preparation1
  3. Compilation of unaudited financial report2
  4. Tax computation and annual return3

1 Compliant with Companies Act
2 Compliant with Companies Act and Singapore Financial Reporting Standards
3 Compliant with Income Tax Act

Private Limited Company Incorporation Package

S$788
Professional fees for company registration
Government fees
Corporate secretary routine annual filing and AGM preparation (For first year)
Company stamp and seal

 *Discount applicable:

  1. Reduce $50 (Per company) – Provide email addresses for each individual for digital signing of documents
  2. 10% reduction of SC Xero Program Monthly Package Fees for the first year ($1,200 deposit to be made)

*Optional add ons:

  1. S$100 one-time – CPF Account registration
  2. S$240 per year – Company Registered Office, usage of our Office Address
  3. S$150 one-time – Hard Copy Certificate of Incorporation
  4. S$200 one-time – Facilitate OCBC Bank Account opening (Bank officer can meet you at your convenience)

*Additional fees may apply:

  1. S$25 per Individual from the 4th Individual onwards will apply
  2. S$100 per Sole-Proprietorship conversion to Private Limited Company
  3. S$100 per Foreign Individual
  4. S$100 per Local Corporate Shareholder
  5. S$300 per Foreign Corporate Shareholder

Get your company incorporated fast
within 5 working hours

 

Fill Up Our Incorporation Form Now!

 

Other services

3) Corporate Secretary

Routine services (Compliant with Companies Act)

  1. Annual filing and AGM preparation (FREE with SC Xero Program™)
Non-routine services (Compliant with Companies Act)

  1. Allotment of shares / Share transfer – From S$150 per shareholder
  2. Full XBRL Filing – From S$500 per year
  3. Change in Directorship – S$100 per individual
  4. Change in Auditor/Secretary – S$100 per individual
  5. Change in Company Name – S$300 per change
  6. Strike-off / Closure / Terminate Company – From S$600
  7. Other miscellaneous resolutions – From S$50

4) Payroll

Payroll (Compliant with CPF and Employment Act)

  1. CPF Account set-up – S$100 one-time
  2. Payroll outsource service – $25/person/month
    1. Monthly CPF calculation and submission
    2. Xero pay run preparation
    3. Payslips issuance via email
    4. Bank transfer preparation (optional)
  3. Yearly IR8A employee earnings form – SS$50/person

5) GST Registration

GST Registration (Compliant with Income Tax Act)

  1. Initial registration – S$400 to S$650

 

Training and Implementation of Productivity Software (Subsidized under PIC scheme)

Cloud Software

Software fee per month:

Training and Implementation (net fees after claiming under 60% PIC Scheme):

Accounting (Xero)
xero-advisor xero-gold
FREE (if signing up with SC Xero Program™)
  1. Initial – $1,200 (net fees – $480)
  2. Pay run- $1,500 (net fees – $600)
Receipt and Expenses Management (Receipt Bank)
receipt-bank-silver
From USD25 $1,200 (net fees – $480)
Point-Of-Sale (Vend)
vend-advisor
  1. From USD35
  2. S$25 per outlet for support
$2,000 (net fees – $800)
Inventory Management (Unleashed / Tradegecko)
Unleashed
tradegecko
From USD35 From $3,000 (net fees from $1,200)
Scheduling and Meeting (ScheduleOnce)
scheduleonce
From USD5 $2,500 (net fees – $1,000)
Project Management (Workflowmax)
workflowmax
From USD15 From $3,000 (net fees from $1,200)
Email and CRM Management (Boomerang)
boomerang-gmail
From USD10 $2,000 (net fees from – $800)
Digital Signature, Document Management (Hellosign)
hello-sign
From USD12 $2,500 (net fees – $1,000)
Customer Debt Management (Debtor Daddy)debtor daddy From NZD19 $2,000 (net fees – $800)

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