Services and Fees

Centurian provides a wide range of accounting, secretarial and tax services which are customised to the needs of small to medium sized firms in Singapore. We realise that often such companies have to balance constrained resources of capital with limited experience in dealing with business laws and legalities. Hence, all our offerings are tailored to better assist SMEs.We provide the following range of services to our clients:

Services	Fees (S$)*	Cycle
Setting-up of Company
Incorporation of Private Limited Company	200	One time
An incorporated Singapore Private Limited Company is the most popular business entity. Features of a private limited company: A legal entity separate and distinct from its shareholders and directors. It can sue or be sued in its own name. It can own property. A newly startup Private Limited Company is eligible for local tax exemptions and incentives. Need assistance in setting up your private limited company? Let Centurian assist you!
Corporate Secretary	600	Per annum
When incorporating a company in Singapore, you are required to appoint a Company Secretary within six months of incorporation in accordance to the Singapore Companies Act. Centurian can provide your company with a Company Secretary. We also offer company secretarial services. For more information, give us a call today!
Nominee Director	2,400	Per annum
Nominee Shareholder	2,000	Per annum
Nominee Director cum Shareholder	4,000	Per annum
Nominee Agent-Foreign Branch	3,000	Per annum
Registered Office Address	240	Per annum
Every company registered in Singapore is required to have a registered office address for official communication. The registered address must be a physical address and cannot be a P.O. Box. The office must also be open to the public for minimum of three hours per day during normal business hours on weekdays. Use of residential address is allowed only for certain types of business. Centurian offers the service of providing your company with a prestigious address in Singapore for your correspondences. Call us today for more information!
Setting-up of Other Business Entities
Registration of Sole Proprietorship	150	One time
A Sole Proprietorship is the simplest form of business entity with only one owner who is the decisive authority and responsible for all assets and liabilities belonging to the business. Centurian can assist in setting up your Sole Proprietorship. Contact us now for assistance!
Registration of Partnership	200	One time
A Partnership is formed where two or more persons carry on a business in common with a view to making profit. Generally, the maximum number of partners allowed in a partnership is 20. The partners can either be individuals or bodies corporate. Contact Centurian today for assistance in setting up your partnership!
Banking Matters
Opening/Closure of Bank Account(s)	30	One time
Change of Authorised Signatory(ies)	30	One time
Acceptance of Banking Facilities	80	One time
Memorandum & Articles of Association
Alteration of Memorandum of Association under section 26(2) or section 33 of Companies Act	200	One time
Alteration of Articles of Association	200	One time
Adoption of New Articles of Association	200	One time
Shares-related Matters
Allotment of Shares	200	One time
Transfer of Shares	150	One time
Bookkeeping & Accounting
Bookkeeping	From 30	Per month (for the monthly basis bookkeeping services)
Good bookkeeping facilitates day-to-day accounts maintenance and drafting of financial statements for the submission of annual returns. More importantly, it provides insight for sound business decision-making as well as efficient financial management. Centurian provides reliable services for businesses that wish to outsource their bookkeeping function. Your dedicated accounts consultant help monitor statutory compliance issues, and work with you to ensure you understand all the accounts reports. We offer bookkeeping services on monthly, quarterly, half-yearly or yearly basis. Call us for a quote, today!
Payroll	280 for the first 5 headcount (50 for each additional headcount)	Per month
Many SMEs choose to outsource their payroll function as the preparation of payroll can be complex and time-consuming. By outsourcing their payroll function, SMEs can save time and money. You could enjoy the assistance of our trained team to process your payroll accounts. Talk to us today!
Preparation of Directors’ Report (Unaudited Financial Report)	From 380	Per annum
A key obligation of the ongoing compliance required of registered companies in Singapore is the submission of a Directors’ Report together with the annual financial statement. Besides information such as details of directors and their interest, dividend recommendation, reserved earnings, and so on, the report must present a fair review of the company’s financial results and operational condition. Centurian can assist you in drafting of the Directors’ Report with all the pertinent information. Contact us today for our assistance!
Accounts Audit Arrangement	From 1,000	Per annum
Unless exempted, all companies are required to appoint an auditor within 3 months of incorporation and submit audited accounts to ACRA. Centurian is able to assist you in fulfilling your statutory audit requirements through our associate audit firms. Our audit services include all financial statements designed specifically to comply with the statutory requirements. Find out more about our services today!
Preparation for and Conducting of Annual General Meeting	200	Per annum
The compliance responsibilities of an incorporated company in Singapore are numerous, ranging from the determination a Financial Year End to the filing of Annual Returns. Centurian offers reliable and cost-effective services in helping you fulfill the statutory requirements. Give us a call for more information on how we can assist you!
Preparation of Financial Report in XBRL Format	From 300	Per financial year
eXtensible Business Reporting Language or XBRL is a language for the electronic communication of business and financial data worldwide. Accounting and Corporate Regulatory Authority of Singapore (ACRA) has adopted XBRL as part of its overall strategy to streamline financial reporting and to enable the flow of financial information into the international business community, and thus promoting a pro-enterprise environment. XBRL filing can be hefty and time-consuming for many companies. At Centurian, our professionals can assist you in preparing your financial statements in XBRL format proficiently and cost effectively. Call us today for more information!
Annual General Meeting
Preparation for and Conducting of Annual General Meeting (“AGM”)	200	Per annum
The compliance responsibilities of an incorporated company in Singapore are numerous, ranging from the determination a Financial Year End to the filing of Annual Returns. Centurian offers reliable and cost-effective services in helping you fulfill the statutory requirements. Give us a call for more information on how we can assist you!
Taxation Services
Provisional Tax Computation & ECI Filing	From 70	Per annum
Estimated Chargeable Income or ECI is an estimate of a company’s chargeable income for a Year of Assessment (YA). A company has to submit their ECI for any YA within 3 months of the accounting year end relating to the YA. If the ECI is submitted within the qualifying period, the company can enjoy the benefit of paying the tax in installments. The earlier the ECI statement is submitted, the higher the number of installments that can be obtained. At Centurian, our team of professionals is ready to help you with your provisional tax computation for your ECI filing purposes as well as administering your ECI filing. For more information, give us a call today!
Tax Computation & Submission of Form C	From 380	Per annum
As part of statutory compliance, all registered companies in Singapore must submit a Form C annual tax return. Centurian offers a competitive taxation services that include but not limited to the followings: Preparation and submission of Form C Tax computation with supporting schedules Further Notes to your audited/unaudited accounts Call us today for more information!
GST Registration	200	One time
Goods and Services Tax (GST), similar to Value Added Tax (VAT) in many countries, is consumption tax on most domestic goods and services. Centurian offers services that helps ease the process of registering for GST. For more information and assistance, give us a call now!
GST Filing	From 50	Per quarter
Once a company is GST registered, it will have to submit the GST F5 Return electronically by the due dates. Centurian offers GST filing services that helps ease the process of filing and staying in compliance. Give us a call for more information on how we can assist you!
Change to Local Company
Change of Company Name	200	One time
Change of Auditors	200	One time
Change of Officers (other than Auditors)	30	One time
Change of Registered Office	30	One time
Termination of an Entity
Cessation of Sole Proprietorship / Partnership	100	One time
Striking off Private Limited Company	1000	One time

* Please be informed that the fees quoted (unless stated otherwise) are entirely professional fees and do not include any filing fee, disbursement and/or out of pocket expense. The fees are subject to changes without any prior notice.

Services and Fees