34 questions
New Traders And Registration Services
We would like to establish a new legal entity in Singapore to serve as both an importer and exporter. What are the necessary steps and registrations required to set up a company in Singapore?
There is a change in my entity's name but no change in the Unique Entity Identifier. Do I need to submit a new security (i.e. Banker's Guarantee (BG)/ Finance Company Guarantee/ Insurance Bond (IB)) application?
My entity wishes to withdraw the security lodged with Singapore Customs. How do we go about doing so?
How will I be notified when my entity's security is successfully renewed with Singapore Customs?
Can I put up fixed deposits as a form of security with Singapore Customs?
What are the transactions where security is required?
How does Singapore Customs determine the amount of security (in the form of a Banker's Guarantee, Finance Company Guarantee or an Insurance Bond) that my entity has to lodge?
Can I extend the validity of the current security (in the form of a Banker's Guarantee, Finance Company Guarantee or an Insurance Bond)?
Can our entity replace our existing security in the form of a Bankers' Guarantee to another form such as a Finance Company Guarantee or an Insurance Bond or other permutations?
Need more help?
Get in touch