Pte. Ltd. Co. For Foreign Resident With ND & EP

Pte Ltd Co. For Foreign Resident with ND & EP

This option is suitable for any foreign professionals or entrepreneurs who want to relocate to Singapore after forming a Singapore Private Limited Company for running day to day business operations. In this case, it is required to incorporate the Singapore Company before applying for the Employment Pass.

 

Package Id: FICE

PRIVATE LIMITED COMPANY WITH INDIVIDUAL / CORPORATE SHAREHOLDER FOR FOREIGN RESIDENT WITH EMPLOYMENT PASS & LOCAL NOMINEE DIRECTOR

No.

Description

Amount in SGD

1

Incorporation of Company

·        KYC & CDD

·        Name Reservation after search

·        Preparation of documents for Incorporation

·        Preparation of Constitution

·        E-Notice of Incorporation

·        Our fees including payable to Authority

·        Share Certificate

·        First Board Meeting Resolution

·        One Board Resolution to open Bank Account

·        Digital Statutory Register comprising Minutes, Share Cert., Etc

1,000

2

Company Secretary for the first year only 360

3

Temporary Local Nominee Director Fee for 1 year 6,000

4

Employment Pass (EP) application with one free appeal 1,000

5

Assistance to open a corporate bank account F.O.C.

Total

8,360
Other Optional Services with this package

5

Registered Office Address (ROA) for 1 year from the incorporation date 360

GROSS TOTAL

8,720

 

Terms & Conditions:

  • For the provision of temporary local Nominee Director’ service, you will be required to place a refundable Security Deposit of SGD6,000/- with us which will attract no interest.
  • Once you do not require the temporary local Nominee Director’ service then we would refund promptly only after setting-off against with any other outstanding invoices at that point of time.
  • The appointment of our temporary local Nominee Director is also subject to the satisfactory of our “Know Your Client” [KYC] and “Customer Due Diligence” [CDD] requirements.
  • The minimum commitment period for providing temporary local Nominee Director’ service is four months regardless of your requirement.
  • The temporary local Nominee Director’ service fee will be subject to refund on pro-rated basis only after the commitment period which will be four months.
  • Commitment period does mean that we will continue to provide the temporary local Nominee Director’ service in case of your own arrangement to appoint the Director with any other local resident or upon approval of your Work Pass during the first four months. In either situation we will resign immediately upon appointment of local resident Director.
  • The application for the Employment Pass (EP) is subject to the approval by the authorities.
  • You will have to reimburse the actual fees payable for applicable application and issuance to the Authority once the EP is approved which would be between SGD70/- and SGD180/- including Visa.
  • Our charges for any Dependant Pass (DP) will be SGD500/- per person and you will have to reimburse the actual fees payable for applicable application and issuance to the Authority once the DP is approved which would be between SGD70/- and SGD180/- per person including Visa.
  • Any withdrawal of processing before incorporation shall be subject to admin fee of SGD500/- for our documentations and the balance monies will be remitted back in the same mode of receipt. (All the bank charges shall be borne by the beneficiary).
  • Any withdrawal of processing of either EP and/or DP before submission with the Authority shall be subject to admin fee of SGD200/- (excluding any reimbursement) per person for our documentations and the balance monies will be remitted back in the same mode of receipt. (All the bank charges shall be borne by the beneficiary).
  • There shall be no refund once the company is incorporated.

 

The process of this package:

 Step 1 – Submit Your Company Incorporation Request and Details

Once we have received the details for your company incorporation, we will prepare and email you our Invoice first.

 

Step 2 – Make Payment

Arrange for payment which is accepted through the most common methods – Cash, Cheque, Internet Transfer or Telegraphic Transfer. (All bank charges shall be borne by the remitter).

 

Step 3 – Documents for Incorporation

We will proceed further with following steps only upon receipt of full payment:

  • Checking whether the proposed company name is available.
  • Reaching you for any clarification and provide appropriate guidance.
  • Preparing the pre-incorporation documents for signatures.

The incorporation documents will have to be signed in front of us in Singapore. However, if you are not in Singapore, you can sign the documents in front of a Notary Public in your home country. We may require the signed original documents which you can courier to us after emailing them for vetting through and once they are in order. You can contact us further for any other alternative solution for this processing.

 

Step 4 – Incorporation of Company

Once the documents are duly received, we will submit the application for incorporation of your Singapore Company with the Accounting & Corporate Regulatory Authority of Singapore (ACRA). After the Singapore Company is incorporated, you can open your corporate bank account which we will assist.

 

Step 5 – Applying for Employment Pass (EP)

After incorporation of the company we will submit an application for the Employment Pass (EP) to the Authority viz. Ministry Of Manpower (MOM). The application will be submitted using online portal system.

  • Application for EP will usually take between one and fifteen business days for processing by the Authority which is still subject to any further queries or information for clarifications.
  • Upon approval and receipt of In-Principle Approval (IPA) letter, we will arrange for the issuance and collection of your EP.
  • You do not have to be present in Singapore during the processing of the application for your Work Pass.

 

Documents required for incorporation

In order to incorporate your Pte Ltd Company in Singapore, we require you to furnish the following documents:

  • KYC Form
  • Company name
  • Description of business activities
  • Particulars of Shareholder/s
  • Particulars of Director/s
  • Registered office address
  • Constitution

We will typically require these documents from you in order to prepare the necessary documentations:

  • For non-resident Director: Copy of passport, proof of overseas residential address as well as Know Your Client [KYC] particulars such as reference letters from banks, personal and business profiles, etc.
  • For non-resident Shareholder: Copy of passport, proof of overseas residential address as well as Know Your Client [KYC] particulars such as reference letters from banks, personal and business profiles, etc.
  • For corporate shareholder/s: Copy of corporate registration documents, such as a Certificate of Incorporation, Profile, Constitution and a copy of the letter of Appointment for Corporate Representative to sign all the required documents relating to the proposed incorporation.
  • You may be requested to furnish with more additional details if required.
  • Any non-English documents are required to be translated into English with official endorsements.

 

Documents Required for Application of Employment Pass (EP)

  • Copy of Passport (Make sure that the passport is valid for at least 6 more months)
  • Copy of highest education qualification (including transcripts)
  • Copy of professional/specialist certificates (if any)
  • Make sure that you have filled the required application form for Employment Pass (EP) application.
  • It is essential that all the translated copies of the non-English documents are officially certified by Notary Public or Embassy in your home country.
  • You may be requested to furnish with more additional details if required.

 

Dependant Pass (DP) for Spouse and Child

If you need Dependent Passes for any dependent or dependents, provide us the following documents too:

  • A copy of the passport
  • A copy of Marriage Certificate (for spouse)
  • Birth Certificate Copy of child
  • Copy of highest educational qualification (for both spouse and child)
  • Copy of official adoption certificate if the child is lawfully adopted
  • Copy of the custodial document of the child in case of a step-child
  • It is essential that all the translated copies of the non-English documents are officially certified by Notary Public or Embassy in your home country.
  • You may be requested to furnish with more additional details if required.

 

Please CONTACT us if you wish to choose this package.