• ‌Incorporation
    of Companies

    Quality advice for incorporating of company.

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    ‌Incorporation
    of Companies

    Incorporation of Companies

    Setting up an Appropriate Company Structure: It is important that you have good quality advice when incorporating your company. It is a legal entity that must be appropriate to your anticipated long term needs. Over 20 years of experience in this field has given us the knowledge and understanding that will ensure you are in safe hands. We would like to fully understand your current requirements and your long term aspirations for your company so that our advice is based on a business plan that is appropriate for many years to come.

    Stage 1 – Advice
    Providing advice on the appropriate company structure for your chosen enterprise. Considerations:
    – Personal and Corporation Tax Implications
    – Liability of Owners
    – Reporting Responsibilities of Company
    – Anticipated Turn-Over
    – Number of Employees
    – Likelihood of Expansion Overseas

    Stage 2 – Details
    Once the appropriate company structure is agreed upon, you will need to decide the name of your company, management structure, share ownership, and the amount of share capital.

    Stage 3 – Incorporation
    We will prepare the necessary paperwork for the application to the authorities and manage the process of successfully incorporating the chosen company structure on your behalf. Our charges for the incorporation of companies starts from $1,000. The fees include ACRA fees of $315 and company secretarial services for the first year.

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    Company Name

    Type of Enquiry

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    INCORPORATION OF COMPANY

    I hereby appoint Providence Management Services Pte Ltd as the agent for the
    incorporation of my company and Madam Loo Meng Gee (NRIC: S1691616A) as the
    Company Secretary. The proposed names for the company are:

    1.
    2.
    3.

    I append hereunder relevant information to support the application:

    1. The intended company will be limited by shares.
    2. The intended objects are:
    A.
    B.

    3. The paid-up capital upon incorporation will be (e.g. $2/-, can be
    increased later)

    4. There is no related/associated corporation of the intended company.

    5. The proposed shareholders and their particulars are:
    A (i) Name:
    (ii) Address:
    (iii) NRIC/Passport No:
    (iv) Nationality:
    (v) Tel/email:
    (vi) No of shares:

    B (i) Name:
    (ii) Address:
    (iii) NRIC/Passport No:
    (iv) Nationality:
    (v) Tel/email:
    (vi) No of shares:

    C (i) Name:
    (ii) Address:
    (iii) NRIC/Passport No:
    (iv) Nationality:
    (v) Tel/email:
    (vi) No of shares:

    Pls attach photocopies of IC (both sides)/passport (page showing the
    particulars)

    6. The proposed directors and their particulars are:

    A (i) Name:
    (ii) Address:
    (iii) NRIC/Passport No:
    (iv) Nationality:
    (v) Tel/email:

    B (i) Name:
    (ii) Address:
    (iii) NRIC/Passport No:
    (iv) Nationality:
    (v) Tel/email:

    C (i) Name:
    (ii) Address:
    (iii) NRIC/Passport No:
    (iv) Nationality:
    (v) Tel/email:

    Pls attach photocopies of IC (both sides)/passport (page showing the
    particulars)

    7. The registered office address is

    8. The auditors of the Company is N.A. (exempt pte co)
    9. Ms Loo Meng Gee (IC: S1691616A) shall be appointed as Company
    Secretary with effect from date of incorporation

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  • Company Secretarial Services

    It is mandatory legal requirement to have a Company Secretary.

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    Company Secretarial Services

    It is mandatory legal requirement that a company incorporated in Singapore must have a Company Secretary.

    Each company must fullfil their statutory reporting requirements as set out by the Singapore Government Legislation otherwise fines are imposed on a monthly basis until the said requirements are fullfilled. This can lead to costly compounded bills. It is therefore worthwhile appointing a experienced professional company secretary to ensure your company does not fail to comply with Singapore’s reporting requirements.

    Whilst Company Secretaries have various legal requirements to fulfill, they do not have any management control of the company.

    Providence can provide you with pro-active and efficient Company Secretarial Services at very reasonable all-inclusive annual rates (ACRA fees are to be reimbursed).

    This service includes:

    • AGM ( Annual General Meeting) documentations
    • Annual Report Filing
    • Preparation of Directors’ Resolution in Writing for Opening/Closing of Bank Accounts
    • Changes of Directors’particulars
    • Other required documentations

     

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  • Bookkeeping
    Services

    Book-keeping services for small and medium size companies.

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    Bookkeeping
    Services

    We provide book-keeping services for small and medium size companies using MYOB Accounting System. You can opt to have monthly, quarterly or yearly closing, depending on your needs.

    We also provide advisory services to companies on setting up their own accounting system and provide an incubation service, where our professional team will handle the accounts until the Company is ready to set up its own accounting team. We can  provide training for the new accounting team.

    We also assist companies to clear backlog and review the accounting work done so that they can be ready to be audited.

    Book-keeping charges starts from $100 per month. We also provide compilation of accounts, which starts from $500, depending on the complexity and timeline of the accounts.

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  • Payroll
    Services

    Computation of payroll, Generation of payslips, CPF submission, and IR8A forms.

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    Payroll
    Services

    Our highly efficient and confidential payroll services include the following:

    1. Computation of payroll,
    2. Generation of payslips,
    3. CPF submission, and
    4. IR8A forms.

    We also help companies with less than 50 staff to set up their payroll system using Excel or MYOB Payroll and provide training as required.

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  • gst and income
    tax services

    We help you to meet your tax deadlines

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    gst and income
    tax services

    We help you to meet your tax deadlines and assist you in tax compliance under an accredited tax practitioner recognised by IRAS.

    We provide the following services relating to GST:

    1. GST registration
    2. Quarterly or half-yearly GST submission
    3. Review of your accounting system to provide advisory on enhancement needed to ensure all essential information for GST is captured.

    We provide the following services relating to Corporate Tax:

    1. Submission of Form C
    2. Follow up on enquiries from IRAS pertaining to our submission
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  • Striking-off
    of Companies

    Strike off your dormant companies to avoid unnecessary compliance fees.

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    Striking-off
    of Companies

    We can assist you to apply to strike off your dormant companies to avoid unnecessary compliance fees. The following are some conditions that you must meet in order that your application to strike off can be successful.

    1. The records of the company as appears in the “Summary of Returns Lodged” is accurate and up to date.
    2. The company officers have no outstanding summonses or composition fines issued by ACRA or Warrant of Arrest issued by the Court.
    3. The company has no outstanding penalties or offers of composition fine owing to ACRA.
    4. The company has no outstanding tax liabilities owing to IRAS and is not indebted to any other government department.
    5. The company has no outstanding charges in the Register of Charges.
    6. The company is not involved or threatened with legal proceedings within or outside Singapore.
    7. The directors have obtained the written consent of the majority of shareholders to strike the name of the company of the register.
    8. The company has no contingent assets and liabilities (i.e. assets/liabilities that may arise in the future).
    9. The company has been dormant.

     

    The fees for application to strike-off companies starts from $450, including $35 fees paid to ACRA.
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  • Financial-
    Reporting

    Report of the financial condition of a firm.

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    Financial-
    Reporting

    Providence provide compilation of accounts services where we will review your draft accounts (Profit and Loss, Balance Sheet and General Ledger) and prepare the full set of financial reports, including the Directors’ Report and  Statements,  and the following statements  in accordance with Singapore Financial Reporting Standards (“FRS”):

    –       Statement of Comprehensive Income

    –       Statement of Financial Position

    –       Statement of Changes in Equity

    –       Statement of Cash Flows; and

    –       Notes to the Accounts.

    This is especially cost effective when you can gather the basic financial information but do not have the capabilities to prepare the full set of financial reports. We will also advise you as to how to gather these information and present to us so that we can work efficiently together.

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  • Training and
    Management Consultancy

    We provide customised training and management consultancy programmes.

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    Training and
    Management Consultancy

    Training and Management Consultancy

    We empower our clients through knowledge transfer via our Training and Management Consultancy programmes. We provide a full range of training including accounting staff training and organisation and development training for management staff. We conduct customised training for our clients to address their specific needs. In addition, we also provide management consultancy to help companies to improve their work flow so that efficiency and effectiveness can be enhanced.

     

     

     

     

     

    Mind Transformation

    Providence Corporate Advisory Pte. Ltd.

    Our trainings  are conveniently held  at 6 Sinaran Drive, Soliel@Sinaran, which is next to Novena MRT. Free parking available.

     

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