Incorporation of Singapore Company

It is extremely easy to incorporate a company in Singapore. Check out the web site for ACRA, the government agency responsible for this.

Opening a Banking Account

You may open a bank account with the following Singapore and International banks.

1. Citibank Singapore - Access CitiDirect Internet Banking and other services provided by Citibank, a global consumer bank.
2. DBS Bank - The largest local bank in Singapore, and POSB Bank users may access this site for their banking services.
3. Overseas Chinese Banking Corporation - Learn more about OCBC's products and services here.
4. Standard Chartered Bank - Singapore website of the London-based international banking group.
5. United Overseas Bank - Surf the UOB Asset Management, Cyberbank and Cybermall websites from here.

Accounting Software in Singapore

There is a plethora of choices. Mainly Windows based, these accounting software are easily available from dealers; A21, FACT, ACCPAC, QuickBooks, MYOB and UBS etc.

It is interesting to note that the Singapore Government is giving a S$5,000 grant for companies to buy an accounting software (100% of software cost) if they voluntarily register for GST. One such company A2000 Solutions Pte Ltd is supplying their accounting software and also helping users make their claim for this grant.