Service Agreement between Fintel (USA) Limited and Gold Billion Group Holdings Limited dated March 1, 2016
Fintel (USA) Limited agrees to provide Gold Billion Group Holdings Limited with services including preparing quarterly and annual filings, coordinating with auditors, filing agents, stock transfer agents, and legal advisors, and handling company registration matters. The service starts on May 1, 2016, for a fee of $1,700 per month, payable quarterly in advance. The fee may be adjusted if Gold Billion expands its business. All out-of-pocket expenses are to be paid by Gold Billion. The agreement is confirmed by signatures from both parties.
EXHIBIT 10.1
Fintel (USA) Limited
602 Nan Fung Tower, 88 Connaught Road Central, Hong Kong
| Gold Billion Group Holdings Limited | 1 March, 2016 |
Room 1202A, Empire Center
68 Mody Road, TsimShaTsui
Kowloon
Dear Sir,
We are pleased to outline the service we are prepared to provide to your company and the related fee below:
Service to be provided:
| 1. | Preparation of the required quarterly and annual filings; |
| 2. | Coordination with the auditor on audit and review of financial statements and filings; |
| 3. | Coordination with filing agent on matters relating to filing of required reports and forms; |
| 4. | Coordination with stock transfer agent on issuance and transfer of share certificates; |
| 5. | Communication with legal advisors on the normal operation of company; |
| 6. | Communication with the company’s registration agent. |
Note: Gold Billion Group Holdings Limited will prepare its financial statements in accordance to the relevant account guidelines to meet reporting requirement.
Fee:
Our fee for the above service shall be US$1,700 per month payable quarterly in advance. Please note that this fee assumes that your business operation remains at the present state. All out-of-pocket expenses shall be for the account of the company. If Gold Billion Group Holdings Limited acquires other business and assets or enters into new business development, the fee will be revised to reflect the additional work load, if any.
Commencement:
The commencement date of the service shall be 1 May, 2016.
If you find the above correctly outlines our understanding, please confirm by signing at the space provided below and return to us a copy of this letter. We thank you for giving us the opportunity to be of service.
| For and on behalf of | Agreed and confirmed by |
| Fintel (USA) Limited | Gold Billion Group Holdings Limited |
| /s/ Stephen Tang | /s/ KOK Seng Yeap |
| Authorized Signature | Authorized Signature |
