Statutory Fees To Authority For Variable Capital Company (VCC) In Singapore
What is the statutory fees structure payable to the authority viz. ACRA for VCC?
Name of Transaction | Statutory Filing Fee in SGD (Payable to Authority: ACRA) |
Application for VCC Name | $15 |
Application for Incorporation of VCC | $8,000 |
Application for Transfer of Registration | $9,000 + S$400 (Sub-fund registration fee) x No. of sub-funds |
Registration of Sub-Fund | $400 |
General Lodgement | $0 |
Change in VCC/sub-fund name | $15 |
Change in VCC Information: - Change in VCC type
- Change in registered office address
- Change in address where register of members and index is kept
- Change in office hours
- Change in user-described activity description
- Alteration of constitution under Section 20(5) of VCC Act
| $0 |
Registration of Charge | $60 |
Business Profile | $5.50 |
Certificate Confirming Incorporation of VCC | $50 |
Certificate Confirming Registration by Transfer | $0 |
Terms & Conditions: - The above fees are payable to the authority viz. ACRA as at 16-Jan-2020.
- The above statutory fees payable to ACRA are subject to revision by the authority.
- We as the Corporate Service Provider (CSP) will charge our administrative service charges in addition to the above-stated statutory fees as reimbursement.
- Please contact us for our charges.
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What is the Processing Time for VCC (Variable Capital Company)?- It will usually take up to 14 days to process an application form (except for Transfer of Registration which may take up to 60 days) from the date of submission of all required documentation.
- The lodgement may be rejected by the Authority if the documents/ information submitted are incomplete and/or does not meet the necessary requirements. If referral to another government agency is required, it may take up to 60 days processing time.
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What is the Processing Time for Information Products for VCC (Variable Capital Company)?- It will usually take about 5 working days upon successful incorporation/registration and/or payment confirmation.
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Remarks:
Since VCC was launched only on 15-Jan-2020, we would update with more information including compliance once it is available from the regulatory authorities.
Source of Information, Guidelines, Compliance, Laws, Rules & Regulations is from the relevant authorities of Singapore |
Details of Source | Name of Authorities |
- Corporate matters such as Companies, Businesses, VCC Model Constitutions, etc
| - The Accounting and Corporate Regulatory Authority (ACRA)
- The Monetary Authority of Singapore (MAS)
- Singapore Academy of Law (SAL)
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- Fair Employment Practices (FEP)
| - Tripartite Alliance for Fair and Progressive Employment Practices (TAFEP)
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- Immigration matters & Student Passes
| - Immigration Checkpoints Authority (ICA)
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| - The Inland Revenue Authority of Singapore (IRAS)
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- Skills Development Levy (SDL)
| - SkillsFuture Singapore Agency
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| - The Ministry Of Manpower (MOM)
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Please refer to SERVICES if you wish to proceed or CONTACT us for more information.