Navigating the Path to Success With You
Your Vision, Our Expertise
Driving Success with Service Excellence – Your Business Partner Committed to Delivering Premium, Tailored Solutions that Propel Your Enterprise Forward
At AuthorRise Consulting our mission is to become your all-inclusive business partner. We offer a comprehensive suite of services, from company incorporation to data protection and grant application support. Our goal is to handle all the intricate details, giving you the peace of mind to focus on what truly matters – driving your business towards success. We’re not just a service provider, we’re a dedicated part of your team. Together, let’s elevate your business to new heights.
Our Approach
Our approach ensures we’re more than just service providers; we’re your strategic partners, dedicated to your business’s growth, compliance, and strategic success.
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Expertise
Our team is packed with seasoned professionals across various fields, leveraging their deep knowledge to address your business’s challenges. We use our expertise to guide your business through complex landscapes, mitigate risks, and enhance operational efficiency.
Collaboration
Our partnership goes beyond a client-service provider relationship. We work with you taking a collaborative approach that prioritizes open dialogue and feedback. This ensures our solutions align with your vision and objectives.
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Trust
We understand that you trust us with critical business information and challenges. We honor this trust with utmost integrity, confidentiality, and professionalism.
Essentials
Incorporation, and Unlimited Corporate Secretary for 1st year
Perfect for entrepreneurs that want to set up their business quickly with all the required compliance and governance essentials.
S$650
Including S$375 govt fees
Incorporation
- Full registration on Company Registry (incl. $315 of govt fees)
- Provision of Company Constitution (memorandum & articles of association)
- All post incorporation documents (e.g. share certificates, registers, and minutes book) All post incorporation documents (e.g. share certificates, registers, and minutes book)
Unlimited Corporate Secretary
- Preparation & filing of annual return (incl. S$60 Government fees)
- Appointment of Company Directors/Company Secretary/Auditors
- Resignation of Company Directors/Company Secretary/Officers
- Change in officers' particulars
– Optional add-ons
For Company Secretary:
- Strike-off: S$500
- Other ACRA filing fees and penalties
- For the preparation of any legal documentation outside of the above scope and any related board resolutions to enact these changes, we will be happy to connect you with our legal partners to support you.
MOST POPULAR
Full Compliance
Incorporation, Unlimited Corporate Secretary, Business Account and Accounting services for 1st year
Ideal for small businesses that want full compliance with straightforward accounting services. Never miss a deadline!
S$1,226
Including S$375 govt fees
Incorporation
- Full registration on Company Registry (incl. $315 of govt fees)
- Provision of Company Constitution (memorandum & articles of association)
- All post incorporation documents (e.g. share certificates, registers, and minutes book) All post incorporation documents (e.g. share certificates, registers, and minutes book)
Unlimited Corporate Secretary
- Preparation & filing of annual return (incl. S$60 Government fees)
- Appointment of Company Directors/Company Secretary/Auditors
- Resignation of Company Directors/Company Secretary/Officers
- Change in officers' particulars
Sleek business account (subject to approval)
- Opening of an SGD business account
- No deposit, or monthly fees
- Simple transfers (local and international)
Accounting and tax
- Set up & onboarding
- WhatsApp & digital receipt submission
- Tax & Payroll support
Services
Your Needs, Our Expertise – Top Quality Services Tailored For You
Company Incorporation
Maintain a professional image while working from anywhere with our virtual address and mail forwarding services. Ideal for remote businesses, our services provide you with a reputable business address, without the cost of renting physical office space. We handle all your mail and packages, forwarding them to your chosen address, or scanning and emailing important documents for instant access.
Corporate Secretarial Services
In the fast-paced world of business, regulatory requirements can often be complex and time-consuming. Our team serve as a critical bridge between your organization and regulatory authorities, managing essential tasks like company formation, statutory record maintenance, meeting compliance, and much more, leaving you free to focus on core business activities.
Accounting Services
Whether you’re a start-up in need of basic bookkeeping or an established company seeking comprehensive accounting solutions, we’ve got you covered. Our team of seasoned professionals are well-versed in all areas of finance, ensuring your records are accurate, up-to-date, and prepared for tax season. We offer tailored packages to suit your specific needs and budget.
Data Protection Officer
In today’s data-driven world, safeguarding your business and customer information is critical. However, managing this task while also focusing on core business operations can be challenging. That’s where we come in. At AuthorRise Consulting, we offer outsourced Data Protection Officer (DPO) services tailored to the needs of companies operating in Singapore. We are well-acquainted with Singapore’s Personal Data Protection Act (PDPA) and ensure your company is fully compliant with its regulations.
ESG Grants
Grant funding can give your business a significant boost. But navigating the application process can be complex and time-consuming. That’s where we come in. Our expert team has a strong track record in identifying relevant grants and writing successful applications. We simplify the process, giving your proposal the best chance of success.
FAQ
Your Questions Answered – Explore Our FAQ for Quick Solutions and Insightful Guidance
Company Incorporation
Corporate Secretary
Bookkeeping & Accounting
Data Protection
ESG Grant
Employment Grant
Company Incorporation
No, you don’t need to be physically present in Singapore to incorporate your company. The process can be done entirely online. However, you will still need to comply with the requirement of having a local resident director.
Yes, your company name in Singapore must be unique and not already in use or reserved by another company. It should not infringe on any trademarks or patents, and it must not be offensive or vulgar. The name must also be approved by the Accounting and Corporate Regulatory Authority (ACRA) before incorporation.
Yes, you can change your company structure after it’s been incorporated, such as shifting from a sole proprietorship to a private limited company. However, changes to the company structure can have legal, financial, and operational implications, so it’s advised to consult with a corporate services firm or legal advisor before making any major changes.
The key requirements include having at least one shareholder, one resident director, a company secretary, a minimum paid-up capital of S$1, and a registered business address in Singapore. The company must also decide on a suitable business structure and name.
If all the necessary documentation is prepared correctly, the company incorporation process can be completed within a few hours. However, it may take longer if additional approvals are needed.
Yes, foreigners can incorporate a company in Singapore. However, they are required to appoint at least one director who is a resident in Singapore.
While you need a registered address in Singapore for official correspondence, it does not have to be a physical office. It can be a commercial office space, a home office, or even a virtual office.
Corporate Secretary
The role of a corporate secretary is to ensure the company’s compliance with statutory and regulatory requirements. The corporate secretary is responsible for managing important company records, preparing meeting agendas, recording minutes for board and shareholder meetings, updating and maintaining the company register, and filing necessary documents with regulatory authorities.
Yes, according to the Singapore Companies Act, every company is required to appoint a corporate secretary within six months of its incorporation. The corporate secretary must be a resident of Singapore.
Yes, a director can act as a corporate secretary. However, in case of a company with only one director, that person cannot act as a corporate secretary.
The corporate secretary should be well-versed with the Singapore Companies Act and possess the necessary knowledge and experience to perform the duties and responsibilities effectively. While there are no specific qualifications stated in the Act, it is beneficial for the corporate secretary to have a background in law, finance or business management.
A corporate secretary service ensures that your company meets all its compliance obligations, leaving you free to focus on running your business. They provide expertise in corporate governance, and can also offer guidance on legal matters pertaining to your company’s operations.
To change a corporate secretary, the company will need to pass a board resolution. The new corporate secretary will need to give his/her consent and the necessary changes must be filed with ACRA (Accounting and Corporate Regulatory Authority) within 14 days.
The cost of hiring a corporate secretary service in Singapore can vary depending on the level of service required. Typically, a basic package which includes routine secretarial services can be quite affordable even for startups or small businesses. For more complex services such as AGM preparation or specific compliance advisory, the cost would be higher. It’s best to discuss your specific needs with the service provider for an accurate quotation.
Bookkeeping & Accounting
Proper bookkeeping and accounting are critical for all businesses as they provide detailed financial information that is useful for making strategic business decisions. They are also necessary for regulatory compliance, ensuring accurate tax filing and fulfilling financial reporting requirements in Singapore.
Bookkeeping is the process of recording all financial transactions on a day-to-day basis. It is the first step in the accounting process. On the other hand, accounting involves interpreting, classifying, analyzing, reporting, and summarizing financial data. It provides insights and reports that help business owners and stakeholders make informed decisions.
Not necessarily. While a CPA can provide valuable advice and help ensure compliance, small to medium businesses can often manage with professional bookkeepers for daily operations. However, it’s beneficial to consult with a CPA for complex financial matters, audits, or specific reporting requirements.
Yes, many bookkeeping/accounting services can assist with tax preparation. They ensure that your financial records are accurately maintained and can prepare necessary documentation for filing taxes, thereby ensuring compliance with local tax laws.
The frequency depends on the size and needs of your business. Smaller businesses might update their books on a monthly basis, while larger businesses might do so weekly. However, maintaining regular updates is critical for accurate financial tracking and reporting.
The cost can vary greatly depending on the complexity and volume of your business transactions, the size of your business, and the specific services you require. Some firms offer packages that can be more cost-effective and tailored to your needs.
A good bookkeeping/accounting service will guide you through the transition process. This typically involves setting up your chart of accounts, migrating your data, and training you on any new software or systems that will be used. It’s important to maintain communication during this process to ensure a smooth transition.
Data Protection
A DPO is a person appointed to ensure that an organization adheres to the applicable data protection laws and regulations. In Singapore, the Personal Data Protection Act (PDPA) requires certain businesses to have a DPO.
Under the PDPA, all organizations, including private sector companies, are required to appoint at least one individual as a DPO. The DPO may be an employee of the organization or an external service provider.
The DPO is responsible for ensuring that the organization complies with the PDPA. Key responsibilities include managing personal data protection policies, handling personal data-related queries and complaints, liaising with the Personal Data Protection Commission, and ensuring the organization’s compliance with the PDPA.
Yes, the role of a DPO can be outsourced to a service provider in Singapore. Many companies choose to do this when they lack the in-house expertise or resources to handle the complexities of data protection regulations.
Outsourcing the DPO role can provide expert guidance on data protection matters, ensure continuous compliance with data protection laws, and allow the company to focus on its core business activities. An external DPO also provides an objective perspective on your data protection policies and procedures.
A DPO should have a good understanding of the PDPA, data protection principles, and the organization’s data processing activities. They should also possess strong communication and project management skills, and ideally, have experience in legal, IT, or risk management.
Engaging a DPO service in Singapore typically involves reaching out to a service provider, discussing your specific needs and requirements, and then entering into a service agreement. The service provider will then assign a DPO to your organization.
ESG Grant
Enterprise Singapore (ESG) offers various grants to businesses to support their growth, innovation, and productivity improvements. These grants can be used for a wide range of purposes, including technology adoption, manpower development, and overseas expansion.
Eligibility criteria may vary depending on the specific grant. Generally, to qualify, a business must be registered and operating in Singapore, and have a minimum of 30% local shareholding. Additionally, the project for which the grant is sought should not have commenced before the grant application.
Applications for ESG grants can typically be made through the Business Grants Portal. The application process may require the submission of a proposal detailing the project for which funds are sought, financial statements, and other relevant business documents.
ESG grants can cover a wide range of costs, depending on the specific grant. These might include costs related to technology adoption, staff training, product development, or market expansion activities.
The processing time can vary depending on the specific grant and the completeness of the application. Generally, it can take anywhere from a few weeks to a few months for an application to be processed.
In some cases, yes. However, the total grant amount received usually cannot exceed the government’s funding cap, and it will depend on the terms and conditions of each specific grant.
A grant service provider can help businesses identify suitable grants, prepare the grant application, and manage the application process. This can increase the chances of a successful grant application, and allow business owners to focus on their core operations.
Employment Grant
Employment grants in Singapore are funds provided by the government to support companies in hiring and training employees. They aim to boost productivity, enhance skills, and promote fair, inclusive workplaces.
Most employment grants are available to companies registered and operating in Singapore. The specific eligibility criteria may vary based on the grant, but often, companies must demonstrate a need for the grant and commit to hiring or training Singaporean employees.
Applications can typically be submitted online through government portals such as the Workforce Singapore (WSG) or SkillsFuture Singapore (SSG) websites. Applications usually require details about your company, your proposed plan for the use of the grant, and an explanation of how the grant will benefit your operations.
Employment grants can cover a wide variety of costs associated with hiring and training employees. This could include salaries, training fees, equipment costs, and more. The specific expenses covered will depend on the grant you apply for.
The processing time can vary greatly depending on the specific grant and the completeness of your application. Some grants may be disbursed in a matter of weeks, while others may take several months.
Yes, companies can apply for multiple employment grants as long as they meet the eligibility requirements for each. However, the total grant amount received usually cannot exceed government funding caps.
Our team will helps you navigate the complex landscape of government grants by assisting in identifying suitable grants, preparing applications, and managing the application process, increasing the likelihood of a successful application. Some of the grant available are Professional Conversion Programme (PCP): targeted at Professionals, Managers, Executives and Technicians (PMETs), including mid-career switchers, to undergo skills conversion and move into new occupations. SGUnited Traineeships/SGUnited Mid-Career Pathways Programme: These programmes provide companies with wage subsidies to take on fresh graduates and mid-career individuals in traineeship and attachment opportunities, helping individuals gain industry-relevant experience. Work Trial: a short-term work stint, with wage support provided. And Career Support Programme (CSP)