Hi guys I'll be moving to Malaysia soon and I'm very interested in track days at sepang. It looks like the cost of motorcycles is alot cheaper in Singapore. So is it possible to buy a street / race bike in Singapore and carry it over to Malaysia? I only intend to use it as a track bike and will not ...
Hi all After many back and forth with both paypal and the bank I went with I have finally managed to set up the company and accounts as I wished. Basically I have all revenue coming through a SG paypal account which is then linked to a SG corporate bank account. If anyone is interested in the proces...
Hi. Once you have used your PP account for transactions (inward + outward) of approx 7,000/- SGD, paypal will ask you to provide the following information - Business Registration Documentation, (ACRA, Registry of Societies of Singapore or other relevant document official documentation) as Proof of ...
Hi guys Another question about setting up a business in Singapore. I am able to incorporate a Singapore business + open up a corporate bank account in Singapore. However, I'm finding it difficult to confirm whether I need to RESIDE in Singapore to open a Singapore paypal account. I know from my expe...
Hi guys Another business related question that I'm trying to get my head around. I'm travelling to Singapore in 2 weeks to open a Corporate Bank Account. I'm looking to open one with Standard Chartered Bank. From the information on this website: http://www.guidemesingapore.com/incorporation/banking/...
Thanks for the info SE. I would think that the $2000 SGD that Janus asks for as a refundable nominee director bond fee seems quite low relative to the risk. I plan to visit Singapore in July to set up everything there. Are there any other tips you think I should keep in mind / research before headin...
From your own knowledge, do you think using a nominee director service is a safe approach? I know there is always some element of risk but would you feel comfortable using their service if you were in my position? Also, these services are clearly provided to overcome Singapore's hurdles to incorpora...
Hi Strong Eagle Thanks for the information in this thread. Could you please elaborate what you meant by Your "nominee" director has all the fiduciary rights and responsibilities of any director. They are not "directors on paper", they are the real, live thing. Your nominee director could screw you, ...