Singapore Expats Forum

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by rbasia
Tue, 09 Aug 2016 11:02 pm
Forum: Business in Singapore
Topic: Opening a local business bank account
Replies: 17
Views: 6268

Re: Opening a local business bank account

PNGMK wrote:I'm in tears of laughter. OP's explanation makes it WORSE not better. I can't breathe.
Makes what Worse? I thought the idea of a forum was for people to share and connect.
by rbasia
Tue, 09 Aug 2016 10:33 pm
Forum: Business in Singapore
Topic: Opening a local business bank account
Replies: 17
Views: 6268

Re: Opening a local business bank account

Thanks for all your replies so far. 1 director is UK citizen, 2 are US (but originally from Switzerland and Poland). To answer questions: - for signing we intended to use internet banking services once the account was established. - local director has limited powers as per written agreement. We coul...
by rbasia
Tue, 09 Aug 2016 8:43 pm
Forum: Business in Singapore
Topic: Opening a local business bank account
Replies: 17
Views: 6268

Opening a local business bank account

Greetings, Recently we established a business in Singapore (Pte Ltd) with 3 foreign (off shore directors) and 1 nominee diretor. We used a business service company to do all this and they inferred it was standard procedure. Our company is about Technology Services and we want to have a regional base...

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