PSG grant - Singapore companies can now get
up to 80% of their annual fees with us covered!
Supported by:
In support of:
Overview
The Singapore government has introduced the Productivity Solutions Grant (PSG) to encourage and support businesses in their journey. The grant will help companies adopt new technological solutions, enhancing their business processes. Common FAQs here.
Our solution has been pre-approved by IMDA for support by PSG. Eligible Sleek clients can now get up to 80% of their yearly fees with us covered if they fulfil the eligibility criteria:
- Business entity that is registered/incorporated in Singapore
- At least 30% local shareholding
- Company’s Group Annual Sales Turnover of not more than S$100 million, or Company’s Group Employment Size of not more than 200 workers
- Purchase/lease/subscription of the Equipment or IT Solution must be used in Singapore
- If you are already using a digital solution for either corporate governance or accounting services, you will not be able to claim this grant.
How to apply?
Should you be eligible, follow the steps below:
1) Get in touch with our sales team to get a quotation within 1 working day
2) Submit a subsidy application on the Business Grants Portal (BGP) using your Singpass
3) Applications are processed within 4-6 weeks from the submission of all required information.
For a step-by-step guide on PSG claim process, click here.
Get started
We can help you get started fast. Talk to us!
About Sleek
Sleek makes the lives of entrepreneurs, investors and SMEs easier!
We provide a 100% online platform for effortlessly incorporating and managing the regulatory, tax and accounting requirements for companies in
Singapore and Hong Kong.
Efficient customer service
Efficient customer service
Safe and secure storage
Safe and secure storage
Simple digital signatures
Simple digital signatures
As a certified Xero Platinum partner, we can manage your unaudited financial statements, bookkeeping and expense claims, CPF and annual filings. You can focus on growing your business while getting all of your mandatory requirements covered with us through our digital platform.
Hassle-free services with transparent prices
PSG Approved All-inclusive Accounting Management Solution
Our PSG approved plans include fully digital solutions for accounting, tax, HR and sales management for SMEs and Startups in Singapore.
Accounting plans based on your business expenses:
Have access to Sleek’s platform and services that will include the following –
- Digital KYC (Know your customer), accounting questionnaire and onboarding
- Financial data migration
- Secure cloud file storage and data management
- Access SleekSign digital signature
- Financial metric dashboard
Xero subscription –
- E-invoicing via PEPPOL
- Financial reporting and analysis functionality
- Bank feed integration
Digital expense submission and automated extraction of up to 50 invoices and receipts via OCR technology.
You will also be able to attend a software training and onboarding webinar
Have access to Sleek’s platform and services that will include the following –
- Digital KYC (Know your customer), accounting questionnaire and onboarding
- Financial data migration
- Secure cloud file storage and data management
- Access SleekSign digital signature
- Financial metric dashboard
Xero subscription –
- E-invoicing via PEPPOL
- Financial reporting and analysis functionality
- Bank feed integration
Digital expense submission and automated extraction of up to 50 invoices and receipts via OCR technology
Set up of customised reporting templates –
- Chart of accounts
- Reporting templates
- Invoice templates
You will also be able to attend a software training and onboarding webinar
Have access to Sleek’s platform and services that will include the following –
- Digital KYC (Know your customer), accounting questionnaire and onboarding
- Financial data migration
- Secure cloud file storage and data management
- Access SleekSign digital signature
- Financial metric dashboard
Xero subscription –
- E-invoicing via PEPPOL
- Financial reporting and analysis functionality
- Bank feed integration
- Multi-currency functionality
Digital expense submission and automated extraction of up to 300 invoices and receipts via OCR technology
Set up of customised reporting templates –
- Chart of accounts
- Reporting templates
- Invoice templates
You will also be able to attend a software training and onboarding webinar
Have access to Sleek’s platform and services that will include the following –
- Digital KYC (Know your customer), accounting questionnaire and onboarding
- Financial data migration
- Secure cloud file storage and data management
- Access SleekSign digital signature
- Financial metric dashboard
Xero subscription –
- E-invoicing via PEPPOL
- Financial reporting and analysis functionality
- Bank feed integration
- Multi-currency functionality
Digital expense submission and automated extraction of up to 300 invoices and receipts via OCR technology
Set up of customised reporting templates –
- Chart of accounts
- Reporting templates
- Invoice templates
You will also be able to attend a software training and onboarding webinar
Have access to Sleek’s platform and services that will include the following –
- Digital KYC (Know your customer), accounting questionnaire and onboarding
- Financial data migration
- Secure cloud file storage and data management
- Access SleekSign digital signature
- Financial metric dashboard
Xero subscription –
- E-invoicing via PEPPOL
- Financial reporting and analysis functionality
- Bank feed integration
- Multi-currency functionality
Digital expense submission and automated extraction of up to 300 invoices and receipts via OCR technology
Set up of customised reporting templates –
- Chart of accounts
- Reporting templates
- Invoice templates
You will also be able to attend a software training and onboarding webinar
PSG Approved All-inclusive Corporate Governance and Document Management Solutions
Our PSG approved plans include effortless management of corporate governance and company documentation via our one-stop online platform.
Corporate governance & document management plans based on number of users:
Sleek platform setup and subscription for up to 3 users which includes –
- Secure cloud file storage and management
- Digital mailroom and mail storage facility
- Easy file search functionality
- Access to electronically submit, track and store corporate documentation and requests
- Unlimited use of SleekSign digital signature
- Daily data backups
Sleek platform setup and subscription for up to 5 users which includes –
- Secure cloud file storage and management
- Digital mailroom and mail storage facility
- Easy file search functionality
- Access to electronically submit, track and store corporate documentation and requests
- Unlimited use of SleekSign digital signature
- Daily data backups
Sleek platform setup and subscription for up to 8 users which includes –
- Secure cloud file storage and management
- Digital mailroom and mail storage facility
- Easy file search functionality
- Access to electronically submit, track and store corporate documentation and requests
- Unlimited use of SleekSign digital signature
- Daily data backups
Sleek platform setup and subscription for up to 12 users which includes –
- Secure cloud file storage and management
- Digital mailroom and mail storage facility
- Easy file search functionality
- Access to electronically submit, track and store corporate documentation and requests
- Unlimited use of SleekSign digital signature
- Daily data backups
Sleek platform setup and subscription for up to 22 users which includes –
- Secure cloud file storage and management
- Digital mailroom and mail storage facility
- Easy file search functionality
- Access to electronically submit, track and store corporate documentation and requests
- Unlimited use of SleekSign digital signature
- Daily data backups
FAQ
To be eligible for PSG, companies must:
- Be registered or incorporated in Singapore
- Possess minimum 30% in local shareholdings
- Have either (a) Company’s Group Annual Sales Turnover of maximum S$100 million or (b) Company’s Group Employment Size of maximum 200 workers
- Use its equipment or IT Solution in Singapore only
Exclusions to the PSG include:
- Charities or Institutions of Public Characters (IPCs)
- Religious Entities
- Voluntary Welfare Organisation (VWO)
- Government agencies and subsidiaries
- Companies who have either made any payment to or signed a contract with a related supplier, vendor or third party to the PSG
Each company is subjected to an annual grant cap of s$30,000 from the period starting 1 April to 31 March the following year.
Applicants may either access the Business Grants Portal (BGP) under the “My Applications” section or refer to the email sent with the status of the submitted grant application.
You can simply indicate “Non applicable as I am still in my first financial year” in the fields asking for financial information.
Yes you will still be able to apply for PSG, as they are grants of different categories. The PSG is aimed at incentivising Singapore businesses to use digital solutions to improve their efficiencies.
The grant is available for application for customers till November 2021.
Our PSG solutions do not have a software license or serial number so in your application you can just indicate ‘Not Applicable (N/A)’ and the Processing Officer will assess accordingly.
Discount codes cannot be used on any PSG covered services.