Appoint a corporate secretary and an auditor
- Once your company has been incorporated, you must appoint a corporate secretary. An auditor must also be appointed for your company should your company requires one.
Corporate bank account
- You must also open a corporate bank account for your newly incorporated Singapore company. Singapore’s business law requires every company to have an associated corporate bank account. This legal requirement applies regardless of the nationality of the company’s owner.
Introducing Paul Hype Page’s preferred Business Neobank partner Aspire bank is a good option for a corporate bank account opening. Aspire serves many startups in Singapore with convenient & inclusive financial services, currently operating across Thailand, Vietnam, Indonesia, Singapore.
Opening an Aspire Business Account can be done entirely online, from anywhere at any time. The best part is that it is free, requires no minimum deposit, and has no monthly fees or fall below fees. Aspire also offers cashback on digital spending like Google,
LinkedIn, Facebook, and more. More features can be found on their website: www.aspireapp.com.
Note: Aspire is operating under the Monetary Authority of Singapore in accordance with the Payment Services Act (No. 2 of 2019).
Of course, if you want a seamless Singapore Company Incorporation process, it will be a pleasure for the incorporation specialist from Paul Hype Page to step in. Our incorporation expert can provide you a one-stop solution for your Singapore company incorporation, from setting up a company, open a bank account to annual compliance. You just have to submit all the required documents.