Starting a Business

Starting a business

Get started on solid foundations, with professional advice and support

The contractual agreements at the beginning of a business are critical, especially when the business does well. If the business fails, the agreements will not matter. The agreements that every business requires will govern not only the relationship between founders, but also the third parties that the business will interact with, which will not only be the customers, but also landlords, banks or lenders, suppliers, marketing, website design, etc. Some of the goals of putting in the cost and effort in getting proper agreements when starting a business are:

  • Clarify and establish parties’ roles in the business
  • Identify and confirm rights and obligations
  • Create legally recognised and enforceable obligations
  • Ensure clarity and consistency in business dealings
  • Reduce opportunistic business practices

The types of documents and agreements that businesses typically will require at the beginning are:

  • Basic term sheets and memorandums of understanding
  • Employment and independent contractor contracts
  • Guarantee / Indemnity agreements
  • Incorporation of companies and registration of businesses
  • General terms of sales (e.g. for delivery orders)
  • Non-disclosure and confidentiality agreements
  • Shareholder agreements
  • Loan agreements
  • Intellectual property
  • Employment agreements
  • Tenancy agreement
  • E-commerce (e.g. end user license agreements, privacy policy, registration of trade marks, website/app terms of use)

Not all businesses will require the full suite of agreements and documents. We understand that businesses have a limited legal budget when starting out. Speak with our experienced corporate lawyers to work out the order of priority in which the business can invest in these agreements.

Areas include

  • Incorporation of company
  • Corporate secretarial services
  • Provision of nominee director
  • Provision of registered address
  • Share related matters
  • Business reporting matters
  • + More

Why choose us?

  • Integrity

We are committed to resolving
your matter quickly and without
incurring unnecessary costs.

  • Experienced Professionals

We offer more than the typical
incorporation companies. We
are also a full service law firm
with 20 full time lawyers.

  • Transparent, affordable fees

Our fees are transparent and fair,
you can view our services and fees
below. Unsure on anything?
please get in touch.

Our corporate services and fees

Registration & Management Matters Service Fee
Incorporation of Company
inclusive of S$315.00 ACRA fees, and consultation on general legal advice on incorporation of company, company structure, director’s legal obligations and liabilities, shareholder’s rights and obligations, declaration of dividends, etc
S$1,000 / Company
Annual Corporate Secretarial Services
to comply with Singapore legal requirements
S$1,200 / Year
Provision of Nominee Director
price subject to risk assessment; in some cases, a refundable deposit might be required
From S$2,000 / Year
Provision of Registered Address
mail forwarding service will be provided upon request at postage + S$10.00 per bundle
S$500 / Year
Other Transactions Service Fee
Update Personal Particulars of Officers S$100 / Transaction
Appointment / Resignation of Officers
officers include directors, auditors, CEOs
S$100 / Transaction
Change of Company Name
inclusive of S$15.00 ACRA fees for name application
S$115 / Transaction
Change of Constitution S$175 / Transaction
Issuance of Dividends S$175 / Transaction
Share Matters Service Fee
Update Personal Particulars of Shareholders S$100 / Transaction
Issuance / Transfer / Conversion of Shares
per transaction, per shareholder
S$165 / Transaction
Reporting Matters Service Fee
Annual General Meeting
assuming meetings are held remotely using template minutes
S$200 / Transaction
Filing of Annual Return
not inclusive of preparation of Annual Returns or ACRA fees
S$200 / Transaction
Application for Extension of Time
not inclusive of ACRA fees
S$200 / Transaction
Striking Off of Company
assuming undisputed application
S$850 / Company

Meet some of the IRB team

We’re ready and waiting to assist you

Post image
Jeremy Cheong

Partner

Post image
Rebecca Chia

Senior Associate

Post image
Roy’yani Abdul Razak

Senior Associate

  • Post image
    Jeremy Cheong

    Partner

  • Post image
    Rebecca Chia

    Senior Associate

  • Post image
    Roy’yani Abdul Razak

    Senior Associate

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Contact us today

We encourage you to reach out for a one-to-one chat about how we can help you or your company with any issues of law.

Call us:
+65 6298 2537

Visit any of our 3 offices:

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Head Office
117A/119, Jalan Sultan,
Singapore 199007

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116 Changi Road,
[email protected], #02-14
Singapore, 419718

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100 Jalan Sultan,
Sultan Plaza, #02-09/10
Singapore, 199001

Visit any of our 3 offices:

map

Head Office
117A/119, Jalan Sultan,
Singapore 199007

map

116 Changi Road,
[email protected], #02-14
Singapore, 419718

map

100 Jalan Sultan,
Sultan Plaza, #02-09/10
Singapore, 199001

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