SPV formation cost estimator
Estimate what it costs to set up and run a single-deal special purpose vehicle. Pick a jurisdiction, set your director and audit needs, and get an indicative one-time and annual cost breakdown.
| Item | Low | High |
|---|---|---|
| One-time setup | ||
| Singapore (Pte Ltd) incorporation & registered agent | $600 | $1,200 |
| Legal drafting — subscription & constitutional docs | $3,900 | $9,100 |
| Bank account opening support (new relationship) | $1,000 | $2,000 |
| Setup subtotal | $5,500 | $12,300 |
| Annual recurring | ||
| Registered office / agent & corporate secretary | $600 | $1,400 |
| Local nominee director | $2,000 | $4,500 |
| Annual filings & tax return preparation | $850 | $2,100 |
| Annual subtotal | $3,450 | $8,000 |
| First-year all-in (setup + year 1) | $8,950 | $20,300 |
Indicative market ranges for planning only — not a quote, and not legal, tax or financial advice. Actual fees vary by service provider, deal complexity and negotiation. Validate every figure with your counsel and registered agent. Built by aama.io.
About this tool
Setting up a single-deal SPV involves incorporation and registered-agent fees, legal drafting for the subscription and constitutional documents, and — depending on jurisdiction — a nominee or independent director and bank account opening support.
This estimator breaks those costs down by jurisdiction, so you can see the one-time setup, the annual recurring cost, and the combined first-year all-in figure before you commit to a structure.
How to use it
- Choose a jurisdiction — Singapore, Cayman, BVI or Delaware — and set the legal drafting complexity for your deal.
- Toggle whether you need a nominee or independent director, an audit, and whether you're opening a new bank relationship.
- Read the one-time setup cost, annual recurring cost and first-year all-in total, broken down line by line.
Frequently asked questions
How much does it cost to set up an SPV?
A simple single-deal SPV typically costs a few thousand dollars to incorporate in Delaware or Singapore, rising to the higher end of that range — plus a director fee — for Cayman or BVI. Legal drafting for the subscription and constitutional documents is usually the largest line item.
What ongoing costs does an SPV have after formation?
Annual recurring costs typically include a registered office / agent and corporate secretary fee, annual filings or tax return preparation, and — for offshore SPVs — a nominee or independent director fee. An audit is only needed if a bank, regulator or investor requires one.
Why does an offshore SPV need a director?
Cayman and BVI entities are commonly administered with a registered agent as registered office but still need an appointed director; many SPV sponsors appoint an independent director for governance and banking purposes, which adds an annual fee not present for a Delaware LLC managed by its members.
Is a new bank account more expensive to open than an existing relationship?
Yes — opening a brand-new banking relationship for a new entity involves a full KYC/AML review and typically costs more (and takes longer) than adding a new SPV to an existing bank relationship you already maintain.