Our Pricing

I & R Business Consultancy Services provide general guidelines of our professional fees for reference. These may various case to case basic depends on individual company's requirement, work scope and estimated time required to complete the services kindly contact us for an estimated quotation

Bookeeping Services

  • Low volume transactions S$300.00 - S$400.00
  • Medium volume transactions S$500.00 - S$900.00
  • High volume transactions S$1,000 onwards

Monthly (With Operational Support*)

  • Low volume transactions S$800.00 - S$1,500
  • Medium volume transactions S$1,600 - S$3,000

Operational support includes sending our staff to your office weekly/twice a month/monthly to assist you in issuing invoices, cheques, petty cash claims and proper filing.


  • Low volume transactions S$500.00 - S$700.00 
  • Medium volume transactions S$1,100 - S$1,300
  • High volume transactions S$1,500 onwards


  • Dormant companies S$300.00
  • Low volume transactions S$800.00 - S$1,900.00
  • Medium volume transactions S$2,000 - S$2,500 
  • High volume transactions S$3,000 onwards 

Company Incorporation
Incorporation of Pte Ltd Company

S$850.00 onwards (One time fee)

Conversion to Pte Ltd Company

S$850.00 onwards (One time fee) 

Company Strike-off services
S$800.00 (One time fee)

Requirements are also the same, as follows at least one shareholder (individual or corporate entity)

  • One resident director
  • One company secretary
  • Initial paid-up share capital of at least S$1
  • A physical Singapore office address

Step-by-step guide to form a subsidiary company:

  1.  Choose a company name. Maybe same or different from the parent company.
  2.  Choose a description of the business activities using SSIC 2010.
  3.  Decide the shareholding pattern and draft a shareholders agreement.
  4.  Finalise the details of shareholders, directors, and company’s local office address.
  5.  Appoint a Company Secretary.
  6.  Finalise the Memorandum and Articles of Association (MAA).
  7.  Appoint an auditor. (this must be done within three months of incorporation)
  8.  After incorporation, you can acquire the subsidiary’s business profile, incorporation certificate, share certificate, first  board resolution, and bank account opening resolution.
  9.  Open a bank account.
  10.  Additionally, you may want to get the company seal and company stamp made for the subsidiary.

Nominee Services

Each Singapore company must have at least one locally resident director. If you do not have a local director for your company, you can utilize our Nominee Local Director service. Please note that providing a nominee director for your company imposes certain responsibilities on you as well as us and we would like to highlight them to you as below.

Nominee Resident Director

S$3500.00 Yearly Basis ($3500.00 deposit is required)

Our Responsibilities

  • We will appoint a member of our team as the nominee local director for your company.
  • The service is offered for statutory compliance only
  • The nominee director will not be involved in any management, financial, or operational matters of the company 
  • You must appoint one or more individuals (normally the company shareholders) as the company directors who will be responsible for running the company
  • You can ask our nominee director to resign at any time by identifying another person who can satisfy the local director requirement

Your Responsibilities

  • We will charge  an annual fee for providing the services
  • We will also collect a refundable security deposit from you for the provision of our nominee director service 
  • The security deposit is refundable upon termination of our nominee director service
  • To subscribe our annual secretarial services
  • To subscribe our annual tax filing services

Nominee Shareholder

S$3500.00 Yearly ($3,500 deposit is required)

Information regards on your company directors and shareholders is available in public records in Singapore. If required, we are able to provide nominee shareholder service to protect your privacy.

Corporate Secretarial Services
Provides secretarial services from the preparation of minutes and resolutions for meetings, attending routine secretarial meetings, monitoring filing deadlines, filing updates with Singapore Accounting & Corporate Regulatory Authority (ACRA) and advice on various corporate matters.

Secretarial Services includes:

  • Corporate advisory​
  • Moritoring of filling dealines
  • Maintenance of minutes book and register
  • Reviewing and preparation of minutes and resolutions
  • Reviewing and preparation of corporate legal documents
  • Maintenance of board and shareholders’ meetings records

Secretarial Fee Yearly:

From S$850.00 onwards

Filing annual returns (XBRL)

From S$500 onwards
PayRoll Services
​​Monthly Payroll Services:
S$ 50.00 per staff (Min 2 staffs at S$100.00)

Note: One time Payroll setup fee of S$500.00

CPF Account Application Setup
S$500.00 (One time fee)

One time bank GIRO setup fee
S$500.00 (One time fee)

Monthly GIRO arrangement with DBS or OCBC

S$200.00 monthly basis

Preparation Of Income Tax (Additonal charges applied)

​​Management Goods and Services Tax (GST) Returns​​

It is compulsory for businesses to register for GST if total standard-rated supplies (local sales) is projected to, or has exceeded S$1 million within a year. On a case-by-case basis however, it may be to the businesses’ benefit to register for GST on a voluntary basis. IRBCS will assess each business operation and offer professional advice accordingly to determine if the company is viable for GST registration will also able to assist with the following matters for GST returns:

  • GST Registration
  • GST Compliance
  • GST Computation
  • GST Submission

IRAS GST Register Application
$680.00 onwards one time fee 

Preparation GST calculation and to fill-up GST F5
$250.00 onwards per quarter 

For nominee director services under GST register turnover exceed 1 million secure deposit is required.

(The company has exteral debt more than notes, bonds, certificates, mortgages, leases, banking facilites or agreements between creditor's/lender an additional secure deposit of $12,000.00 is required)

All submissions of GST returns must be submitted via e-Filing (myTax Portal ). Failure to e-File is an offence punishable with a fine and in default of payment, an imprisonment term up to six months. GST returns must be submitted within one month from the end of each accounting period. If there is no transaction done, you are still required to submit a “NIL” GST return.

​Preparation of Form C/CS:

Form C and tax computation for small company with simple operation $300.00 to $640.00 per year

Form C and tax computation for company with medium operation $650 to $1340 per year

Form C and tax computation for large company from $1,350 per year

Filling of ECI $150.00 per year

Preparation of Income Tax:

Preparation Of IR8A
S$100.00 per staff

Preparation Of IR21 *
S$200.00 per form submission

Preparation Of Form B1
Filing of personal income tax From $250 per year

Preparation Of Form P
Filling of partnership tax from $550 onwards

Singapore Statutory Audit:

Compilation financial report for company with small and simple structure
$650.00 to $1,200.00

Compilation financial report for company with medium to complicated structure
$1,300.00 to $2,900.00

Auditing of small company with simply structure and operation
$3,000.00 onwards 

Company with medium operation
$6,000.00 onwards 

Company with large operation
$10,000.00 onwards 

Consolidated financial statements or MNC
$16,000.00 onwards