Compliance Services
Company Formation/Incorporation
Stress-free company incorporation in Singapore for local, PR, foreigner, or sole proprietor.
Backers make incorporation straightforward for you.
We advise to set up right, provide one-stop corporate services solution with affordable package to cater for different needs.
We also assist with all the post-incorporation administration and statutory requirements.
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Start your business journey from anywhere in the world with the help of our highly efficient backers.
Incorporation of Local Company
Backer's Start
hassle free incorporation with unhidden cost
$380 one time forever
(include ACRA charges of $315)
Company name reservation
ACRA filing and registration
Company constitution
ACRA company profile
Corporate compliance kit (including share certificates. registers & First Board of Director resolutions)
Bank account opening assistance
Complimentary consultation on other business support solutions
Other add-on fees:
1. Inclusion of Corporate Shareholders ($100 per corporate shareholder)
2. Inclusion of alternate address ($50 per individual. inclusive ACRA charges)
Backer's Convert
transform your business with professional assistance
$580 one time forever
(include ACRA charges of $315)
Sole proprietor or conversion and cessation
Company name reservation
ACRA filing and registration
Company constitution
ACRA company profile
Corporate compliance kit (including share certificates, registers & First Board of Director resolutions)
Bank account opening assistance
Complimentary consultation on other business support solutions
Other add-on fees:
1. Inclusion of Corporate Shareholders ($100 per corporate shareholder)
2. Inclusion of alternate address ($50 per individual; inclusive ACRA charges)
Corporate Secretarial
Hassle-free corporate secretarial management and governance, backing by our digital platform.
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Backers make corporate secretarial matters simple for you.
We track all your deadlines, put your (digital) documents in order, file reports, and make sure your company stay compliant, simple as that.
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We simplify your company administration with smoothly running, so that you can focus on your business!
Corporate Secretarial Packages
Backer's Essential
Good for new start-up or entrepreneur with stress free annual filling
$380 per annum
(include ACRA charges of $60)
Named secretary for 12 months
Statutory records & registers maintenance
AGM documents
System reminder on filing due dates
Annual return filing
Advisory on corporate compliance and business support matters
Additional services, price per resolution:
(a) Non-share related matters $50
(b) Share related matters - $100
(c) Other matters - from $150
Other add-on fees:
1. Inclusion of Corporate Shareholders ($100 per corporate shareholder)
Backer's Professional
Perfect for larger companies with many expected changes
$580 per annum
(include ACRA charges of $60)
Named secretary for 12 months
Statutory records & registers maintenance
AGM documents
System reminder on filing due dates
Annual return filing
Advisory on corporate compliance and business support matters
Unlimited number of resolutions for
(a) Change of company name*, officers, officers' particulars, registered business address, and business activity;
(b) Declaration of director fees;
(c) Distribution of dividends, share issuance & transfer of shares*
*exclude charges imposed by regulators
Other add-on fees:
1. Inclusion of Corporate Shareholders ($100 per corporate shareholder)
Payroll Outsourcing Solutions
Helping small or big businesses, efficiently automate their payroll, via payroll software.
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Backers specialises in providing basic to complex payroll needs that suit all businesses, take away heavy administrative processes from you anytime, anywhere.
We are processing more than 3,000 employees payroll from diverse industries.
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Our painless payroll outsourcing solutions leaves you with more time to focus on what really matters to grow your business. And together with our Human Resource Management, we support you and your business to another level of business solutions.
Outsourced Payroll Services Package
Maintain personal file for each employee right from onboarding until offboarding
Salary computation on bi-monthly or monthly basis
Process gross to net salary with applicable CPF, CDAC, MBMF, SINDA or ECF contributions
Process bonuses, ad-hoc payments or any reimbursements
Process no pay leave, employee loans, and deductions
Generate bank file for Bank GIRO transfer
Publish secured electronic itemised pay slips
Provide detailed payroll report for management's review
Prepare and submit ad-hoc statutory claims (i.e. NS claims, government-paid maternity, paternity & childcare leaves)
Prepare and submit IRAS auto inclusion scheme, IR8A, IR8S, IR21 and other related forms
One time payroll system setup to align with company human resource policy #
First time payroll health check on Company’s payroll practice to ensure compliance and accuracy #
Other add-on fees:
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Price quoted do not include subscription fees to payroll software
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Additional $9/employee/month for clients who require to perform bi-monthly payroll
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Additional $4/employee/change for clients who require changes after payroll cycle has been generated
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Additional $7/employee/month for clients who require express payroll services after agreed payroll cut-off date
Accounting & Tax
You run your business, we run your books, either accounting or tax, we’ve got you covered.
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Backers know accounting nightmares for every business because we are in business too.
We simplify accounting and bookkeeping for business owners, by using cloud accounting software and document & data capture software (yess… everything is in digital – scan, upload & record!)
We cover your corporate tax computation and return, keep your company compliant with an eye on your filing deadlines year-round.
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We help you to cover the most time-consuming and heavily administrative but critical functions of your business. And together with our CFO Services, and Tax Advisory , we support you and your business to another level of business solutions.
Accounting and Taxation Services Package
Yearly Backer
hassle free basic annual compliance
$800 per Financial Year End*
Set-up and onboarding with dedicated team support
Advisory on general accounting inquiries
Annual bookkeeping 1, 2
Multicurrency reporting
Annual management reports
Unaudited financial statements
Estimated Chargeable Income (ECI) and Form C/ C-S Corporate Tax Return
Preparation of XBRL report 3
Accounting software synchronisation with XERO or QuickBooks 4
Payroll support with Info-Tech or Talenox subscription 5
Monthly Backer
track monthly progress confidently
$800 per Financial Year End*
Set-up and onboarding with dedicated team support
Advisory on general accounting enquiries
Monthly bookkeeping 1, 2
Multicurrency reporting
Monthly management reports
Unaudited financial statements
Estimated Chargeable Income (ECI) and Form C/ C-S Corporate Tax Return
Preparation of XBRL report 3
Accounting software synchronisation with XERO or QuickBooks 4
Payroll support with Info-Tech or Talenox subscription 5
Backer’s CFO
manage performance with CFO-minded
$6,000 per Financial Year End*
Everything in Monthly Backer package
Multiple entity support
Custom reporting for classes, department or locations
Comprehensive AR and AP management
Accounting schedules support
Inventory tracking and management
Quarterly GST reporting and submissions
Budget and forecasting
Financial analytics
Monthly strategic discussion
Other add-on fees:
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Variable bookkeeping fees of 0.50% charged based on expenses booked if company is using electronic transaction import (e.g. Hubdoc, Bluesheets).
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Variable bookkeeping fees of 0.65% charged based on expenses booked if company is providing documents in hard-copy.
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Preparation of XBRL report will be free of charge if annual expenses booked exceeded $1m.
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Price quoted do not include subscription fees to accounting software.
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Price quoted do not include subscription fees to payroll software.
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Annual fees for Yearly Backer, Monthly Backer & Backer’s CFO packages only apply to expenses booked up to $1.5m. Please ask for quote for company’s expenses booked more than $1.5m.
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Please ask for quote for reporting of itemised breakdowns of account descriptions into the accounting software.
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Minimum variable bookkeeping fee charge per month is $10.
Business Supports - Insurance
Safeguard your business with corporate insurance.
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Backers affiliated with one of the large insurance agents/solutionists, that using a platform to digitized insurance policies for end users, to seamlessly manage their existing policies, manage claims, new enquires, request appointments, notified of renewal documentations and choosing of preferred intermediaries with ease.
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Corporate insurances provided are general & commercial + property, bond, motor & marine, directors & officers, professional indemnity.
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Got any questions, we are happy to help.
