Singapore Customs

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My permit application is rejected due to "INSUFFICIENT BG LODGED WITH CUSTOMS". What should I do?

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Can I extend the validity of the current security (in the form of a Banker's Guarantee, Finance Company Guarantee or an Insurance Bond)?

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Where can I obtain a security in the form of a Banker's Guarantee, Finance Company Guarantee or an Insurance Bond?

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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?

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