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 chose 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

We believe legal services should
be affordable to all. We offer
transparent, affordable, and
fixed free pricing.

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

Mohamed Baiross

Managing Partner

Baiross is the managing partner of IRB Law LLP. He is an experienced lawyer with an excellent reputation across a broad selection of practice areas including divorce, insolvency, crime, probate, syariah, and civil litigation.

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Jeremy Cheong

Partner

Jeremy has particular expertise in civil and commercial matters, for both transactional and dispute resolution matters. He regularly handles litigation, international arbitration, insolvency, and restructuring matters.

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Rebecca Chia

Senior Associate

Rebecca is a senior associate of the firm with a strong practice in civil litigation. She advises and represents clients on matters such as arbitration, construction and engineering disputes, defamation, estate law, and more.

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Roy'yani Abdul Razak

Senior Associate

Roy'yani is a senior associate at IRB Law. She has an excellent legal mind, excelling in both contentious and non-contentious matters. She advises clients on corporate and civil law, Syariah and Estate Planning.

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See Full Team