What benefits does the Singapore Government give to a newly set up Company?
To encourage local entrepreneurship, Singapore Government has declared a full tax exemption for newly incorporated companies. Full tax exemption is granted on the first S$100,000 of chargeable income for qualifying new companies for the first three years of...Can I open a multi-currency account?
Yes most bank in Singapore will allow you to open multi-currency account or different accounts for different currencies.Opening a corporate bank account
“Can the bank account be opened before the company is setup? If not, how soon after incorporating the company can I open the bank account?” The bank account can only be opened once the company has been incorporated. We will prepare the necessary Bank...How long does it take to open a bank account?
Depending upon the bank, it may take from one day to few weeks.