English
Chinese (Simplified)
French
German
Hindi
JapaneseTell Us Your Needs
For a quick response, please fill out the form below. We will reply to your inquiry promptly.
Work Pass & Immigration
Work Pass, Immigration & Bank Account Setup
Our Support After Incorporation
We provide continue support after the business is set up, including
- Work Pass application including Employment Pass, Entrepreneur Pass, Personalised Employment Pass and family Dependent Pass
- Bank account set up including business and personal bank accounts
Immigration & Bank Account Setup
Everything you need to get moving
Our services take care of everything, from immigration services, such as visa, work pass and PR application, school and home search. Our friendly consultant will help you every step of the way during your move.
Corporate Bank Account
We partner with various local banks and online providers
Once a preferred bank is selected, we will provide you with a solution to set up a bank account.
CONTACT US for professional advice
The filing process can be time-consuming, let us handle this to save your time
All Singapore incorporated companies are required to file financial statements with ACRA, except for those which are exempted. As directors are responsible for the correct representation and accuracy of the information filed
Outsourcing the filing to a professional accounting services firm allows directors and business owners to allocate valuable resources to focus on their business.
Streamline Your Business Operations with Our Comprehensive Immigration, Work Pass, and Bank Account Set-Up Services in Singapore
As a newly established business owner in Singapore, it can be challenging to navigate the country’s complex regulatory landscape. With our comprehensive suite of immigration, work pass, and bank account set-up services, we can help streamline your operations and ensure your organization is compliant with all relevant laws and regulations.
Our team of experienced professionals understands the unique needs of businesses like yours, and we work closely with you to provide tailored solutions that meet your specific requirements. So, whether you need assistance with obtaining an Employment Pass or Work Pass, setting up a corporate bank account, or navigating Singapore’s immigration system, we have the expertise and knowledge to help.
Our immigration services include visa applications, permanent residency applications, and citizenship applications. We also provide a wide range of work pass services, including Employment Pass, and Personalized Employment Pass applications. Our team of experts can help you navigate the complex application process, ensuring that you meet all requirements and deadlines.
We also offer comprehensive bank account set-up services, helping you establish a corporate bank account in Singapore quickly and easily. Our team will guide you through the process, ensuring that you have all the necessary documents and information to get started.
So, what’s the hold up? Contact us today to learn more about how we can help you!
We’re Your Partner in Comprehensive Immigrationand Corporate Services in Singapore!
We understand that it might be challenging for a business owner just starting out to manage Singapore’s complex regulatory environment. And this is exactly where we come in. At Provisor Corporate Service, we can help you streamline your operations and make sure your company is in compliance with all applicable rules and regulations with our full array of bank account setup, immigration, andwork pass services.
Our team of skilled specialists is aware of the particular requirements of companies just like yours. Hence, we believe in collaborating directly with you to develop solutions that are specifically adapted to your needs. So, whether you require assistance with opening a business bank account, acquiring an Employment Pass or Work Pass, or navigating Singapore’s immigration system, we’ve got the experience and understanding to assist.
Applications for citizenship, permanent residency, and visas are all part of our immigration services. We also offer a variety of work pass services, such as applications for anEmployment Pass and Personalized Employment Pass. Our team of professionals can guide you through the difficult application procedure, making sure you stick to all deadlines and specifications.
Additionally, we provide thorough bank account setup services that will make it simple and quick for you to open a business bank account in Singapore. You will be guided throughout the process by our staff, who will also make sure you have all the necessary documents and information.
So, what delay things? Don’t hesitate to reach outto our experts today and let us handle all your corporate needs for you!
Q&A - Corporate Bank Account
For companies with foreign shareholding, banks may take 3-4 weeks or even longer to process the account opening application.
Minimum balance requirements vary from bank to bank and normally range between S$1,000 – S$50,000.
Yes, banks in Singapore offer internet banking facilities. You can operate your bank account fully remotely.
Not necessary, more and more banks are open to conducting video call with the directors and account signatories instead of an physical meeting to open the bank account.
Yes, digital banking is becoming a popular option for Singapore companies. Digital banks (e.g. Wise – formerly TransferWise) operate exclusively online and have no physical branches. So customers of these institutions can manage their finances entirely from smartphones and computers. Digital banking offers numerous advantages for businesses, such as fast account opening, low initial deposit requirements, low fees, fast and cheap international transfers, easier management of multiple currencies.
Yes, you can open an account in multiple currencies (SGD, USD, EUR, GBP, AUD, HKD & etc). The account is registered under one username and token id. Therefore, you will not require any additional token to access the internet banking.
Yes, more than one person can be authorized to operate the internet banking. Additionally, you can define their role and give them only specific rights in the internet banking transaction. For example, you can make a person the Preparer, which means that he/she can only prepare, the transaction, but is not authorized to approve the transaction.
Singapore banks do not impose restriction on remitting funds in and out of the country. However, if the transaction is not in-line with your business, the bank may ask for supporting documents for review.
Bank account is subject to review and approval by the bank’s regulatory compliance department. If you are just incorporating a shell company with no legitimate real business activity, you are less likely to succeed in opening a bank account. However, if your reasons and purpose are legitimate, and other information provided to the bank is satisfactory, such as background of company stakeholders is clean, business structure is transparent, and you have a regional present, you should not have any problem with opening the bank account.
Beside the normal Know Your Clients (“KYC”) review, every Singapore bank has to perform a mandatory detailed Customer Due Diligence (“CDD”) for all new applicants before it can accept them as clients. The CDD process involves verifying the identity and background of the company’s key personnel, source of funds, legal structure of the company, nature of the company’s business, etc. Onboarding also includes checks for Politically Exposed Persons (PEP) and Adverse Media risk assessment.
If the CDD process raises any alerts, the banks can ask for additional clarifying information or deny the account opening outright.
The more information you can provide the bank about yourself and your company’s plans, the easier it will be for the bank to understand your business model. Provide information about your business activities, your prior professional experience, potential clients, and the nature of your banking transactions, link to your website, and a business plan for your proposed business if you have one handy. If easily available, provide reference letters from previous business banking relationships. If there is anything complex in your background or your shareholder structure, you need to provide the with the clear organisation chart and supporting so that they can chase to the ultimate individual beneficial owners.
