Last Updated: March 2026

Every Singapore company must appoint a company secretary within 6 months of incorporation (Companies Act, Section 171). Since 9 June 2025, any firm providing that service must also be a registered Corporate Service Provider under the CSP Act 2024 (ACRA). Operating without registration carries fines up to S$50,000.

These two requirements, a mandatory appointment and a mandatory provider registration, mean your choice of corporate secretary matters more now than ever. This comparison evaluates providers across three categories with real pricing, transparent methodology, and honest commentary on who each type serves best.

Disclosure: Excellence Singapore is included in this comparison as an SME full-service provider. We have applied the same evaluation criteria to ourselves as to every other provider type. Our goal is to help you find the right fit.

 

Key Takeaways

  • Company secretary must be appointed within 6 months of incorporation (Section 171)
  • Since June 2025, providers must be ACRA-registered CSPs – verify before engaging
  • Annual fees range from S$199 (digital platforms) to S$3,000+ (large firms)
  • In-house secretary costs S$54,000-S$60,000/year vs S$550-S$900 outsourced
  • A sole director cannot also serve as the company secretary

How We Evaluated These Providers

We assessed corporate secretary providers based on six criteria:

  1. CSP registration status – mandatory since June 2025. Non-negotiable.
  2. Years in operation – longevity signals stability and client retention
  3. Scope of services – basic compliance vs full advisory vs bundled (accounting + tax + secretary)
  4. Pricing transparency – clear fee schedules, not hidden ad-hoc charges
  5. Technology and accessibility – client portal, digital document management, deadline reminders
  6. Client fit – which company size, complexity, and budget each provider type serves best

We grouped providers into three categories, SME full-service, mid-tier/regional, and digital-first, rather than ranking them #1 through #10. The right provider depends on your company’s stage and needs, not on who markets the loudest.

For a detailed framework on selecting a corporate secretary, see our complete evaluation guide.


SME Full-Service – Best for Startups, Growing SMEs, and Established Businesses

SME Full-Service | S$550-S$900/year | Startups to established SMEsStrengths:Bundled services (secretary + accounting + tax), dedicated team, hands-on advisoryLimitations:Not suited for listed companies or share registry needsBest for:SMEs wanting one provider for all compliance, foreign subsidiaries, growing businesses

SME full-service firms bundle corporate secretarial with accounting, tax filing, and often incorporation under one roof. The advantage is simple: your secretary knows your financials, your accountant knows your corporate actions, and nothing falls through the coordination gaps that happen when you use separate providers.

Excellence Singapore

Website: excellencesg.com | Services: Company secretary, accounting, bookkeeping, tax, GST, payroll, incorporation | Certifications: Xero and QuickBooks certified, ACRA-registered CSP

Excellence Singapore bundles corporate secretarial services with accounting, tax filing, GST returns, payroll, and incorporation. The firm serves businesses at every stage, from newly incorporated startups through to established companies with revenues up to S$50 million or more. Being a registered CSP under the CSP Act 2024 means the firm meets ACRA’s enhanced requirements for qualified staff and AML compliance. The firm also serves Singapore subsidiaries of foreign companies that need local compliance without large-firm overhead.

The differentiator is the bundled model: when your secretary and accountant are the same team, your Annual Return aligns with your financial statements, your AGM documents match your accounts, and director changes are filed in coordination with your tax position. Xero and QuickBooks certification also means InvoiceNow/Peppol readiness for the upcoming mandate.

Best for: SMEs and startups wanting a single provider for all corporate compliance. Growing businesses that need advisory alongside routine filings. Foreign subsidiaries needing local compliance support.
Limitation: Not a listed-company specialist – companies needing share registry or IPO-readiness should look at the large firm tier below.
Pricing: From S$400/year for corporate secretarial as part of a bundled service package.

The most common reason clients switch to our bundled model: their previous secretary missed a filing deadline because they didn’t have visibility into the company’s financial year-end or recent corporate actions. When the secretary and accountant are separate firms, this coordination gap is almost inevitable. By the time you’re chasing one provider for information the other needs, the deadline has passed.

Why SME Full-Service Firms?

The typical SME doesn’t need a large firm with regional offices and share registry capabilities. What they need is a reliable provider who handles their Annual Return, AGM preparation, officer changes, and routine resolutions, and who can answer the phone when a compliance question comes up. SME full-service firms offer this at a fraction of large-firm pricing, with the added benefit of bundled accounting and tax.

If you’re currently on a digital platform and finding it insufficient, our guide on signs you’ve outgrown a digital-first platform covers when to make the move.

Key Takeaway: SME full-service firms in Singapore charge S$550-S$900/year for corporate secretarial services, typically bundled with accounting and tax filing. Since June 2025, all providers must be ACRA-registered Corporate Service Providers under the CSP Act 2024 (ACRA). Clients can verify registration on the ACRA BizFile+ portal.


Mid-Tier and Large Firms – Best for Listed Companies and Regional Groups

Mid-Tier / Large | S$999-S$3,000+/year | Listed companies, regional groupsStrengths:Share registry, IPO support, multi-jurisdiction, deep governance expertiseLimitations:Premium pricing, less personal attention for smaller accountsBest for:SGX-listed companies, pre-IPO, multi-entity groups, fund structures

Boardroom

Founded: 1968 | Staff: ~600 (Singapore) | Clients: 7,300+ regionally

Boardroom is one of the largest corporate services providers in Asia-Pacific. Their standout capability is share registry – they service over half of SGX-listed companies. For any company that is listed, preparing for an IPO, or managing complex shareholding structures, Boardroom’s depth in registry and governance is hard to match. They also offer payroll, accounting, and corporate secretarial across 14 countries.

Best for: SGX-listed companies, pre-IPO companies, multi-national groups needing share registry + secretarial.
Limitation: Premium pricing positions them beyond most early-stage SMEs. Smaller accounts may receive less personalised attention given the volume of clients served.
Pricing: S$999-S$2,500+/year depending on complexity.

Tricor

Scale: Largest corporate secretarial provider in Asia | Clients: ~2,000 listed companies across Hong Kong, China, Singapore, Malaysia

Tricor’s scale across Asia is unmatched. They serve listed issuers, fund structures, and multi-jurisdiction groups that need consistent governance standards across borders. Their Singapore practice handles company secretarial, fund administration, share registration, and corporate governance advisory.

Best for: Multi-jurisdiction groups, fund structures, companies listed on multiple Asian exchanges.
Limitation: Regional scale means Singapore SME-specific attention may vary. Pricing reflects enterprise-level service.

RSM Stone Forest (CorpServe)

Founded: 1987 | Network: RSM International (6th largest global audit/tax network)

RSM Stone Forest operates one of Singapore’s largest corporate secretarial practices through their CorpServe division. Being part of the RSM global network gives them credibility for companies that need audit and secretarial from the same ecosystem. Their long-standing client relationships (10+ years is common) speak to retention quality.

Best for: Mid-market companies wanting global-network credibility without Big 4 pricing. Companies needing audit + secretary from the same provider group.
Limitation: Not the most cost-competitive for basic compliance needs. Less tech-forward than digital platforms.

Key Takeaway: Large and mid-tier corporate secretary firms in Singapore (Boardroom, Tricor, RSM Stone Forest) charge S$999-S$3,000+ per year and specialise in listed-company compliance, share registry, and multi-jurisdictional governance. Boardroom services over half of SGX-listed companies, while Tricor is the largest corporate secretarial provider in Asia.


Digital-First Platforms – Best for Dormant Companies and Basic Compliance

Digital-First | S$199-S$388/year | Dormant companies, basic complianceStrengths:Lowest price, fast onboarding, automated reminders, self-service portalLimitations:Limited human advisory, may struggle with complex corporate actions, chat-based supportBest for:Dormant companies, single-entity structures, price-sensitive micro-businesses

Digital-first platforms offer the lowest entry point for corporate secretarial services. They use technology to automate deadline tracking, document generation, and basic ACRA filings. Some use AI-powered intake systems to route queries to human teams for final review.

These platforms work well for dormant companies or single-entity businesses with minimal corporate activity (no share transfers, no officer changes, no constitution amendments). The moment your compliance needs become more active, the per-transaction fees and limited advisory support can make digital platforms more expensive than a full-service firm. For a deeper look at when to upgrade, see our guide on signs you’ve outgrown a digital-first platform.

Best for: Dormant companies, single-entity structures with minimal corporate actions, price-sensitive micro-businesses.
Limitation: Limited human advisory for governance questions. Ad-hoc fees for share transfers (S$100-S$200), officer changes, and XBRL (S$300-S$600) can add up quickly. Chat-based support may not suit companies wanting a named relationship manager.
Pricing: S$199-S$388/year for basic packages.

The most common migration path we see: companies start on a digital platform at incorporation (attracted by low fees), then switch to a full-service firm within 12-18 months once they realise they need human advisory for share transfers, director changes, or AGM preparation. If you’re evaluating a digital platform, check their ad-hoc fee schedule first – the total annual cost with 3-4 corporate actions can easily exceed a full-service retainer. If you do decide to switch, our transfer guide walks through the process step by step.

Key Takeaway: Digital-first corporate secretary platforms in Singapore charge S$199-S$388/year for basic packages but add per-transaction fees for share transfers, officer changes, and XBRL filing. The CSP Act 2024 applies equally to digital platforms – clients should verify registration on ACRA BizFile+ regardless of the provider format (ACRA).


What Should You Expect to Pay?

Corporate Secretary Annual Fees – SingaporeDigital-first platformS$199-388/yrSME full-service firmS$550-900/yrMid-tier / large firmS$999-3,000+/yrIn-house secretaryS$54,000-60,000/yr (salary + CPF + overheads) Note: ad-hoc fees (share transfers, XBRL) can add S$300-S$1,000+ annuallySource: Industry estimates, SingaporeLegalAdvice.com, March 2026

The base retainer is only part of the cost. Ad-hoc fees for share transfers (S$100-S$200 each), officer changes, constitution amendments, and XBRL preparation (S$300-S$600) can add S$300-S$1,000+ per year for active companies. Always compare total annual cost, not just the headline retainer.

For our complete breakdown of what’s included at each service tier (Basic, Standard, Full Advisory), see our guide on how to choose a corporate secretary.


The CSP Act Changes Everything in 2026

Before June 2025, anyone could offer company secretary services in Singapore with no formal oversight. The CSP Act 2024 changed that fundamentally.

Every provider must now:

  • Register with ACRA as a Corporate Service Provider
  • Employ at least one Registered Qualified Individual (RQI) with relevant qualifications
  • Comply with AML/CFT obligations – customer due diligence, enhanced due diligence for high-risk clients, 5-year record retention, suspicious transaction reporting
  • Face penalties up to S$100,000 per breach of AML/CFT requirements

In H1 2024 alone, ACRA cancelled 14 CSP registrations for facilitating misuse of nominee directorships – a signal that enforcement is real, not theoretical.

What this means for you: Before engaging any corporate secretary, verify their CSP registration on the ACRA portal. If they’re not registered, they’re operating illegally – regardless of how long they’ve been in business or how cheap their fees are.

For more on the sole director restriction and other company secretary rules, see our guide on whether a sole director can be the company secretary.

The CSP Act is the single biggest quality filter the industry has seen. Providers who relied on minimal oversight and rock-bottom pricing without proper compliance infrastructure are either registering and raising standards, or exiting the market. For clients, the practical advice is simple: if your provider can’t show you their CSP registration number, switch. Our transfer guide covers the process.

Key Takeaway: The CSP Act 2024, effective 9 June 2025, requires all corporate secretary providers in Singapore to register with ACRA, employ qualified staff, and comply with AML/CFT obligations (CSP Act 2024). Non-registration carries fines up to S$50,000 and imprisonment up to 2 years. ACRA cancelled 14 CSP registrations in H1 2024 for facilitating nominee director misuse.


Frequently Asked Questions

How much do corporate secretary services cost in Singapore?

Annual fees range from S$199 for basic digital platform packages to S$3,000+ for large firms serving listed companies. SME full-service firms typically charge S$550-S$900/year. In contrast, hiring an in-house secretary costs S$54,000-S$60,000/year including salary, CPF, and overheads. Always check what’s included in the base fee – ad-hoc charges for share transfers, officer changes, and XBRL can add S$300-S$1,000+ annually.

How do I verify if a corporate secretary provider is a registered CSP?

Search the ACRA CSP register using the provider’s name or UEN. If they don’t appear, they are not registered and may be operating illegally under the CSP Act 2024. All existing providers were required to register by 9 December 2025.

Can I use a different provider for secretary and accounting?

Yes, but it creates coordination overhead. Your secretary needs to know about corporate actions (director changes, share transfers) that affect your accounting records, and your accountant needs to align financial statements with your Annual Return. Using a single bundled provider eliminates this gap. For a detailed analysis, see our guide on outsourcing vs in-house.

What happens if my company doesn’t have a secretary?

A vacancy exceeding 6 months triggers a fine of up to S$1,000 for every director in default (ACRA). More critically, the absence means nobody is responsible for your statutory filings – which can cascade into late Annual Return penalties, missed AGM deadlines, and ACRA enforcement actions.

Can I switch corporate secretary providers mid-year?

Yes. There’s no restriction on timing. The outgoing secretary resigns, the incoming secretary is appointed, and the change is filed with ACRA within 14 days. The transfer process typically takes 1-2 weeks. See our step-by-step transfer guide for the full process.


Finding the Right Provider for Your Company

The best corporate secretary for your Singapore company depends on three things: your company stage, your compliance complexity, and whether you benefit from bundled services.

If you’re a listed company or preparing for an IPO, Boardroom, Tricor, or RSM Stone Forest offer the governance depth and share registry capabilities you need. If you’re a dormant company with no active corporate actions, a digital platform at S$199/year handles the basics.

For most SMEs, from startups through to established businesses, the sweet spot is a full-service firm that bundles secretary with accounting and tax. One provider, one team, no coordination gaps.

If you’re looking for a registered CSP that handles corporate secretarial, accounting, tax, and compliance as a bundled service, contact Excellence Singapore for a consultation.

For more on what makes a good corporate secretary, see our complete evaluation guide.