Free tool · SPV formation

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.

One-time setup
$6k – $12k
Annual recurring
$3k – $8k
First-year all-in
$9k – $20k
Monthly run-rate
$0k – $1k
ItemLowHigh
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
JurisdictionIncorporation or registrationAnnual registry or franchiseRegulatory filings
Singapore (Pte Ltd)Incorporation or registrationS$315 (S$15 name application plus S$300 registration)Annual registry or franchiseS$60 annual return filing feeRegulatory filingsDepends on how the SPV is offered. Quoted per deal
Delaware (LLC)Incorporation or registrationAbout USD 110 certificate of formation (expedite is extra)Annual registry or franchiseUSD 300 annual tax, due 1 JuneRegulatory filingsNo federal Form D fee. State notice filings vary by investor state, roughly USD 100 to 1,200 each
Cayman Islands (Exempted Co.)Incorporation or registrationQuoted per dealAnnual registry or franchiseQuoted per dealRegulatory filingsQuoted per deal
BVI (Business Company)Incorporation or registrationQuoted per dealAnnual registry or franchiseQuoted per dealRegulatory filingsQuoted per deal

Indicative, as of October 2026, for a single-asset SPV. Fees are set by each government or registry and change, so confirm against the official schedule. "Quoted per deal" means we have not confirmed a published figure and will quote it for your deal. Not legal or tax advice.

Singapore taxes the SPV at 17% corporate tax, though a single-asset holding SPV often books little taxable profit at the entity level. Not included: legal review of the underlying deal (SPA/term sheet), the target investment itself, FX and transfer costs, and any placement or introduction fees.

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

  1. Choose a jurisdiction — Singapore, Cayman, BVI or Delaware — and set the legal drafting complexity for your deal.
  2. Toggle whether you need a nominee or independent director, an audit, and whether you're opening a new bank relationship.
  3. 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.

Are government fees included in the aama.io SPV price?

No. Government and registry fees, meaning incorporation or registration fees, annual registry or franchise fees and regulatory filing fees, are extra. aama.io passes them through at cost with no markup. The estimator lists the typical amounts for Singapore and Delaware, and Cayman and BVI fees are quoted per deal.

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.

Book a 30-minute demo

Pick a time that works. We will walk through the platform on your own structure.