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Singapore Company Incorporation FAQs

Frequently Asked Questions about Singapore Company Formation

Can I open a corporate bank account before incorporating a Singapore company?


No, a Singapore corporate bank account can be applied for only after the company has been registered with ACRA and its company information (BizFile) has been issued. Choosing a bank and preparing documents during the incorporation stage speeds up the account opening.

The bank reviews the company registration number (UEN), the constitution, and director and shareholder information. For this reason, the capital transfer is usually scheduled after the account has been opened.

Lee Kim Alliance provides company incorporation together with a corporate bank account opening support service.


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