Hi all,
we are thinking of opening a trading company in SG (we already have a local company in Europe where we are employed and owners). Areas of business are software and online services.
My question is how much of a problem is it to open a business bank account with SG bank for a new company that has 0 employees, only 2 directors (1 is SG national, but provided by the incorporation agent so not usable for going to the bank...)? Also, are there restrictions on internet banking for making international money transfers (like in UK where sending money abroad for small companies is usually done from the branch only)?
Many thanks for your replies/advices.