Business set up invoices standard notes

To accurately and completely align our multi-national Clients’ expectations with Healy Consultants Group, we recommend you read the terms and conditions outlined on this web page:

• No engagement surprises

  To supply our multi-national Clients with certainty and security, before each engagement:

  • all engagement fees are agreed up front, and correspond to the fees published on our business website. Consequently, there are no hidden fees, surprises or ambushes throughout the engagement.
  • engagement fees can be paid by instalments (click link).
  • engagement deadlines are agreed up front in the form of a detailed project plan, mapping out deliverables week by week throughout the engagement term.
  • Every week during the engagement, Healy Consultants Group will email our Client a detailed status update. Our Client is immediately informed of engagement progress and problems, together with their solutions.
  • Your dedicated engagement manager is reachable by phone, Skype, WhatsApp and email, and will communicate in your preferred language.

  No travel solutions: If our Healy Consultants Group and our Client properly plan this engagement, our Client will not need to travel during this engagement. We will efficiently and effectively complete company registration and corporate bank account opening in a timely manner, without our Client’s presence. However, our Client will need to i) sign and get documents legalized in the embassy in their country of origin and ii) courier the originals to our office.

• Healy Consultants Group fee policy

  To minimize confusion around engagement fees:

  • The fees quoted in this invoice are a prediction of the fees to efficiently and effectively complete this engagement in a timely manner. If, during the engagement, Healy Consultants realises that the project is more complex than anticipated, requiring a large additional investment of time, my Firm will request additional fees. If Healy Consultants Group completes the engagement faster and more easily than expected, we will gladly refund some fees to our Client.
  • To help minimise our Clients’ foreign exchange costs, we offer payment in SG$, €, £ or US$. Kindly let me know in which currency your Firm prefers to settle our fees and our team will send an updated invoice, thank you.

• Staff recruitment and visas

  • Some of our Clients engage Healy Consultants to recruit local employees. We have a lot of experience in securing quality candidates for multi-national Clients.
  • If required, Healy Consultants will assist your Firm to secure employee visa approvals. Depending on the country, our standard visa fees range from:
    • for the first employee US$ 2,950 to US$ 9,850; and
    • for the second applicant US$ 1,950 to US$ 8,850; and
    • per applicant thereafter US$ 950 to US$ 7,850;
  • Our employee visa fees includes preparation of a quality visa application and submission of the same to the correct Government immigration officers. During the engagement, our Client should expect the Government to revert multiple times for:
    • evidence the company has sufficient funds to pay the monthly salary of the employment visa applicant for up to 1 year; and
    • evidence the applicant has the qualifications for the position on offer; and
    • evidence no local candidates were available to take over the role; and
    • evidence the company business has a value added to the local economy (local income and expenses including local job creations).
  • The Government enjoys ultimate power of approval of visa applications. Consequently, guaranteed success is outside of Healy Consultants Group’s control. What is inside our control is the preparation and submission of a high quality immigration visa application that maximizes the likelihood of visa approval.

• Third-party fees during the engagement

  During business set up in every country on the planet, our multi-national Clients will pay third-party fees including:

  Government fees

  1. To satisfy local statutory requirements, Healy Consultants Group will pay Government fees on behalf of our Client, which can for example cover for the following:
     • Reserving a company name;
     • Ordering an original certificate of incorporation and a company stamp;
     • Annual trading license;
     • Regulatory license related to our Client’s specific business activities;
     • Company tax and VAT registrations;
  2. For transparency purposes, all government fee payments will be supported by original receipts and invoices. These documents will be given to our Client at the end of the engagement and included in the final courier with the company kit.
  3. At the beginning of each engagement, our team will include estimated Government fees payable for the engagement in the invoice we send to our Clients. Following engagement completion, Healy Consultants Group will refund our Client any excess funds received over actual government costs paid. If the Government fees paid are higher than our initial estimate, our team will request our Client to kindly settle the difference.

  Translation and attestation fees

  1. During the engagement, shareholders and directors’ documents may need to be translated into the local language, before the Government and bank approves company registration and corporate bank account opening respectively.
  2. Our Client should budget for possible additional translation and embassy attestation fees. Examples of possible third-party payments include i) embassy fees ii) notary public costs iii) official translator fees.
  3. Either our Client or Healy Consultants can complete the certification and translation of our Client’s documents. As always, Healy Consultants Group will negotiate with all third parties to eliminate or reduce additional engagement costs.
  4. For transparency purposes, all third-party fee payments will be supported by original receipts and invoices.

  Courier costs

  1. During the course of your engagement, multiple couriers will be sent to i) Governments and banks ii) lawyers and accountants and iii) to our Client. Average total engagement courier fees approximate US$150. It is fair and reasonable we ask our multi-national Clients for these third-party costs.
  2. As always, courier fee payments will be supported by original receipts and invoices. Following engagement completion, Healy Consultants Group will refund our Client any excess of funds received over actual courier costs paid during the engagement.

• How else can we help you?

  • Some of our Clients request us to provide temporary shared office space for six months until they find their preferred business premises. Our one-time fee for this service is US$950. The monthly rent thereafter will be paid independently and directly to the landlord by our Client; and
  • Engage Healy Consultants to project manage business set up in every country on the planet. We are the best in the world at what we do, completing the A to Z of every country engagement in a timely manner.

• Licensing considerations

  • Depending on the nature of our Client’s business, the Government may require a special regulatory license to conduct our Client’s business in the country. If this happens:
    • Healy Consultants Group will aggressively and skillfully negotiate for a regulatory license exemption.
    • if we fail, with our Staff will assist our Client secure regulatory license approval. Additional fees apply.
    • the government enjoys ultimate power over setting requirements and approval for company registration and business licenses.

• Know Your Customer due diligence documents

  • As stipulated on our business web site and in Section 3 of our engagement letter, Healy Consultants Group will only begin the engagement following:
    • settlement of our engagement fees; and
    • completion and signing of our legal engagement letter; and
    • receipt of the required due diligence documentation;
  • During the engagement, our in-house Legal and Compliance Department also reviews the quality and completeness of our Client file. Consequently, we may revert to our Client for additional due diligence.