The True Cost of Singapore Incorporation: Mandatory Government Fees vs. "Compliance" Upsells
Planning to incorporate in Singapore? Learn the exact ACRA government fees ($315) versus optional service upsells so you don't get hit with hidden charges on day one.
Incorporating a Private Limited (Pte Ltd) company in Singapore is world-renowned for being fast and straightforward. However, for many first-time founders, the initial invoice from a corporate secretarial provider is anything but simple.
What begins as an advertised "$0 Incorporation" package frequently balloons into a $1,200 bill once line items like "ACRA processing," "statutory register generation," and "first board resolution setup" are tacked on.
To protect your startup's capital, you need to separate mandatory statutory fees from service provider margin.
Mandatory ACRA Fees (The Real Fixed Cost)
When incorporating via ACRA’s BizFile+ portal, there are only two mandatory government disbursements:
Company Name Application Fee: S$15 (valid for 120 days upon approval).
Company Registration Fee: S$300.
The Hard Fact: The minimum unavoidable government cost to incorporate a Singapore private limited company is S$315. Any amount charged above S$315 goes directly toward the service provider's administrative and professional fees.
4 "Compliance" Upsells to Watch Out For
Fee Item | Mandatory Government Fee? | What It Should Actually Cost |
|---|---|---|
Name Search & Reservation | S$15 (ACRA) | S$15 (Pass-through cost) |
ACRA Registration Disbursement | S$300 (ACRA) | S$300 (Pass-through cost) |
First Director/Shareholder Resolution | No (Internal doc) | Included in standard setup |
Statutory Register & Share Certificates | No (Internal requirement) | Included in standard setup |
The Secroia Difference
At Secroia, we believe transparency builds long-term trust.
We charge zero markup on government disbursements.
When you incorporate with us, you pay the exact ACRA cost alongside a clear, itemized service fee—no surprise line items, no hidden resolution fees.
Yes, we are new and if you take the leap of faith with us, you can be assured that we will take care of you so that you can help us spread the good word of mouth.
Use this promo code SECROIA at your checkout after we clear your KYC/AML and get 50% off your first year annual fee (limited to the first 20 customers to redeem, so hurry) with us!
ps: Did we also say that we don't charge you with heavy handover fees when you choose to not use us as your corp sec?