Incorporation, Corporate Secretarial, and Accounting solutions – powered by smart AI technology. We automate the tedious stuff, reduce manual work, and lower costs, passing the savings directly to you
At Tianlong Services, we believe compliance shouldn't break the bank. By integrating smart AI technology into our corporate secretarial and accounting processes, we significantly reduce manual tasks and man-hours. This streamlined approach doesn’t just boost efficiency – it dramatically lowers our operational costs.
We’re committed to passing these cost savings directly to you, giving your business affordable, reliable, and transparent corporate secretarial and accounting services in Singapore.
✔ AI Automation to Lower Your Costs
✔ Less Manual Work, More Accuracy
✔ Over 100 Singapore Companies Served
✔ Quick & Reliable WhatsApp Support
We use cutting-edge AI technology to handle your compliance, accounting, and administrative tasks – saving you time and money on corporate secretarial fees
At Tianlong Services, we keep corporate secretarial costs low by leveraging AI and automation. Our technology efficiently generates secretarial documents, resolutions, and filings, reducing manual effort and overhead costs. By integrating smart automation, we deliver high-quality, cost-effective corporate secretarial services without compromising on compliance or efficiency.
We also automate KYC compliance, using AI for risk assessments, due diligence and adverse media search. This minimizes human hours, reduces errors, and speeds up processes. This streamlined approach ensures compliance while allowing us to pass on significant savings to our clients.
Automatically track and manage compliance deadlines, filings, and regulatory requirements, ensuring your business stays in good standing without manual oversight.
Easily create, store, and access all necessary corporate documents, including incorporation papers, meeting minutes, and shareholder agreements, all in one secure location.
Receive real-time updates for important deadlines, updates, and changes in corporate governance laws, keeping your business ahead of any regulatory changes.
Our AI-driven approach means fewer man-hours, reduced costs, and significant savings – benefits we directly pass on to you.
Easy setup for startups
Compliance made simple
Our base retainer fee for the services of secretarial agent, registered filing agent and named company secretary is $218 per financial year, including the $60 ACRA annual filing returns government fees. Excludes penalties, fines, other incidentals.
What do the corporate secretarial services include?
We will require your financial statements to file the annual returns with ACRA, unless exempted. If you are exempted from preparing financial statements, we will need your management accounts for our records.
Upon our appointment, please inform us promptly of all meetings of directors and shareholders of your company and send the original signed minutes of such meetings for us to post to the company’s minute books.
Under the Companies Act, your company must lodge with ACRA all prescribed forms within the stipulated periods, generally 14 days. As such, sufficient time will have to be given to us to prepare the relevant forms.
Our corporate secretarial services does not include:
Is preparing the financial statement compulsory?
Yes, it is a statutory requirement.
Under sections 201(2) and 201(5) of the Companies Act, directors are responsible to present and lay before the company, at its annual general meeting, financial statements that comply with Accounting Standards issued by the Accounting Standards Council and give a true and fair view of the financial position and performance of the company. Directors are not expected to be accounting experts and could engage the financial statement preparation services of a professional accounting firm.
If we are appointed secretary for your company, we will need a copy of your financial statements of your company before filing the annual returns with ACRA, unless you are exempted.
What are the requirements to be exempted from preparing financial statements?
If your company is a dormant company (refer to definition of dormant company below) is unlisted, not a subsidiary, and the company’s total assets is not more than S$500,000, then your company is exempted from financial statements preparation.
Your company should still maintain the accounting and other records as required by the Companies Act.
What are your fees to prepare the financial statements?
From SGD 600.
Fees exclude bookkeeping services.
You should have your management accounts ready before we compile your financial statements. Please send us a copy of your management accounts to assess the complexity of your financial statements.
What is the test for whether a company is dormant?
The test for dormancy is provided for in the Companies Act, i.e. that there is no accounting transaction during that financial year. The Companies Act also states the transactions which will are to be disregarded when determining dormancy:
Is there is a requirement for declaration for dormancy? Will ACRA be providing the attachments?
There is a requirement for a director’s statement to declare the company’s status of dormancy. There are no attachments/format provided. However, the requirements contained in the statement should follow those required under the Companies Act (s201A and s205B). The statement by the directors for the exemption from preparation of financial statements must state:
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