I find myself in a bit of an unusual position.
I'm a singaporean citizen currently in the UK and was approached to sell some of my personal work (think artist who simply makes things regardless of why) to a company. My work is digital, not physical, so it is basically a case of just selling them IP rights and providing them with a chunk of data.
I have a sole proprietship buisness setup in singapore, some friends who have done slightly similar things advised me that that was the simplest way of handeling it and it was what they did.
But have fallen at the hurdle of trying to open a business account to go with this business.
Basically the problem is that the bank wants me to be in singapore right now, which I am not and do not plan to return for a few months and of course this is an instant business opportunity.
I've tried talking to HSBC since I had another account with them and although they seemed helpful at the start, with regards to performing a face to face interview with me at a uk branch in order to setup the account they lost interest and stopped talking to me. In fact the person i was in contact with is now permanently unavailable.
I noticed at
http://www.business.gov.sg/EN/StartingU ... leprop.htm
that it talks about appointment of a local manager, even for a sole proprietorship. Has anyone done this?
I could ask a family member to perform such a role, but have no idea how to set it up since thats the only time i have seen it mentioned.
Would they then be able to open a business account for me in singapore?
Talking to HSBC about such a thing and they didn't seem to even understand, instead started suggesting a right of attorney, but did not even know how that would work. Which is strange since it is their rules I am trying to comply with.
Are there any recommendations for banks that are less useless than HSBC?
I'm hoping these are possibly slightly similar problems that people here may have faced and someone may have done something similar.
Thanks in advance for any help or suggestions of things to try.
