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Singapore Company Incorporation FAQs

Frequently Asked Questions about Singapore Company Formation

What documents are needed to open a Singapore corporate bank account?


The basic documents are usually the company documents (BizFile, constitution), passport copies of directors, shareholders and authorised signatories, English proof of address dated within the last 3 months, and an English business profile.

All documents must be in English, and documents not in English must be translated and notarised. The bank may ask for additional documents such as business contracts and information on major customers or suppliers.

  • If a Korean head office is setting up a subsidiary: the Korean company's business registration certificate and shareholder register (translated and notarised) are also required, and the bank usually asks for the identification of individual shareholders holding 25% or more.
  • If you are an individual founder: the application proceeds with the passports and proof of address of the directors and shareholders themselves.

Lee Kim Alliance provides a corporate bank account opening support service.


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