Where did you get this 30 day time frame? There is no 30 day stipulation. But, I would waste no time once you get the Approval In-Principle letter because you have lots to do. When you do, you must:savestheday wrote:Do you just have to register the company with ACRA in the 30 day time frame or do you have to open the bank account, submit funds and fax all documents back too within the 30 days?
That's out plan to fly there and do it. Also going with OCBC and good to hear that was very fast to get the account open.ukdesigner wrote:I did it after I arrived. Again easier as you have the documents. I went with Citibank. I would however NOT recommend them. CRAP in so many ways.
I eventually settled with OCBC. Efficient, helpful and low charges. I got a temp chequebook in 2 days and a proper one in just over a week. PLUS.... they also do a business debit card which is a major requirement in my eyes. None of the other banks do that.
Right now, I am in the same situation as you. I just got my AIP letter only after travelling to the MOM building personally to collect it. The AIP letter was dated August 23, 2011, so you can see that I will need another fresh month extension to process the Entrepass application. One of the MOM assistants told me I could ask for the AIP 1 month extension via email at [email protected]. Is this true? I had sent this email last Friday and still haven't received any sort of response. Is this normal or am I gonna have to make another trip to the MOM building?savestheday wrote:Stressed and annoyed....
Spoke with MOM this morning as have finally received my and my business partners AIPs by fax (requested because I had not received the letters in the post). They were actually sent out individually on 3/3 and 14/3. Yet never received because MOM had inputted the address incorrectly. They never called or emailed either of us to inform us they had sent out our AIP letters. I called several times in March and was informed the status of our application was still pending, when in fact they had been approved - apparently their system doesn't correspond with that of the officer that sends out the AIPs and therefore just showed up as pending. ARGH.
To top it all, I then stated we would of course need a 1 month extension having just received the AIPs and was told this cannot be done over the phone but requested only in writing - post/email/fax. I have emailed them our request and a local company has been trying to fax them too but cannot get through.
Thanks for the steps Strong Eagle - That's all no problem and going to instruct an incorp company to assist with that. A reccomendation from you in fact.
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