Singapore Expats

Search found 9 matches

by aahn
Sat, 18 May 2013 12:49 pm
Forum: Importing, Buying and Selling Cars & Other Vehicles
Topic: Buying bike in Singapore then taking to Malaysia
Replies: 6
Views: 14510

Ah okay, so even if I don't intend to register for the bike at all, I still need to pay import taxes?

I really only intend to use the bike for the track.
by aahn
Fri, 17 May 2013 9:30 am
Forum: Importing, Buying and Selling Cars & Other Vehicles
Topic: Buying bike in Singapore then taking to Malaysia
Replies: 6
Views: 14510

Buying bike in Singapore then taking to Malaysia

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 ...
by aahn
Wed, 08 May 2013 7:25 am
Forum: Business in Singapore
Topic: Singapore paypal account require residency in Singapore?
Replies: 25
Views: 35855

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...
by aahn
Fri, 15 Jun 2012 2:11 pm
Forum: Business in Singapore
Topic: Singapore paypal account require residency in Singapore?
Replies: 25
Views: 35855

Re: Singapore paypal account require residency in Singapore?

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 ...
by aahn
Fri, 25 May 2012 7:59 pm
Forum: Business in Singapore
Topic: Singapore paypal account require residency in Singapore?
Replies: 25
Views: 35855

Singapore paypal account require residency in Singapore?

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...
by aahn
Tue, 15 May 2012 6:20 pm
Forum: Credit Card & Banking in Singapore
Topic: Opening a Corporate Bank Account in Singapore
Replies: 1
Views: 7385

Opening a Corporate Bank Account in Singapore

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/...
by aahn
Thu, 12 Apr 2012 12:19 pm
Forum: Business in Singapore
Topic: Buying a company
Replies: 15
Views: 14159

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...
by aahn
Thu, 12 Apr 2012 7:24 am
Forum: Business in Singapore
Topic: Buying a company
Replies: 15
Views: 14159

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...
by aahn
Wed, 11 Apr 2012 11:47 am
Forum: Business in Singapore
Topic: Buying a company
Replies: 15
Views: 14159

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, ...

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