Sleek Business Account Eligibility

Fees and Pricings

Setting Up and Managing Your Sleek Business Account

Holding Money

Sending Money

Receiving Money

Virtual Corporate Debit Card

Guides

Sleek Business Account Exceptions

Sleek Business Account Frequently Asked Questions

My Pre-incorporation checklist

Director and local Director

Individual and Corporate Shareholder

What is a Share?

What is the capital of a company?

Introduction to registrable controllers

Setting up an E-commerce Company in Singapore

Singapore government agencies all entrepreneurs should know

Intellectual Property & Trademarks in Singapore

Beneficial Owner

Overview of the different company types in Singapore

Private limited company

Holding Company

What is a Special Vehicle Purpose (SPV)?

Subsidiary versus Branch Office in Singapore

Company Limited by Guarantee VS Limited Liability Company

The different types of insurance

Sleek Insurance

Types of Business Insurance

Professional Indemnity Insurance

Directors and Officers Insurance or Management Liability Insurance

Public Liability Insurance or Commercial General Liability

Work Insurance Compensation

Commercial Business Package Insurance

KYC documents for my Director

KYC documents for my individual shareholder

KYC documents for my corporate shareholder

KYC documents for the Authorised Corporate Representative

Permits and Licensing in Singapore

Referral Authority Chart

Permits and licensing for a retail shop

Permits and licensing for trading activities

Permits and licensing for a hotel, boarding house or guest home

Permits and licensing for a spa

Permits and licensing for a travel agency

Permits and licensing for an F&B (food and beverage) business

Permits and licensing for an event management company

Permits and licensing for a real estate agency

Permits and licensing for a publishing business

Permits and licensing for a private education business

How to choose my Financial Year End (FYE)?

How to choose the office spaces in Singapore?

The FinTech industry in Singapore

Introduction to coworking spaces in Singapore

Tax waiver for a dormant company

Inland Revenue Authority of Singapore (IRAS)

Key steps to transfer Company Secretary to Sleek

How to choose the right corporate secretary?

Changing my Accounting Services to Sleek

How to activate the two-factor authentication?

Alternate email address

How to reset my Sleek password if I forget it?

How to accept invitation from Sleek platform

How to pay an invoice via a payment request?

How to change the email address/password of my Sleek account?

How to add a standard user?

How to check my past transactions and invoices with Sleek?

How to pay by bank transfer or PayNow?

How to appoint a new Company Admin on Sleek platform

How to check the Financial Year End (FYE) of my company?

How to check the registered office address of my company?

How to check the capital of my company?

How to download my constitution?

How to download my business profile?

How to access my company's mails?

How to download my registers

My certificate of incorporation

How to download my shareholder/director resolutions

Checking of Pending Documents

Decline of Singnature

Request for your bank account opening through Sleek platform

Bank Account Opening Frequently Asked Questions

Appointment of a new director

Change of company's name

Change of shareholder's particulars

Change of officer's particulars

Change of business activity

How to change my Financial Year End (FYE)?

Change of registered address

I have changed my registered address, who to notify?

How to transfer my shares?

Resignation of director

What is a stamp duty?

Change of Director

When I email accounting@sleek, how do you identify me?

Submit your expense receipts via WhatsApp (HK)

Submit and manage your purchase invoices and receipts with Sleek HK

Accounting services with Sleek

Accounting by Expenses

Onboarding process for my accounting

Submit and manage your purchase invoices and receipts with Sleek SG

Manage my submitted purchase documents

Submit your expense receipts via Sleek app

Submit your expense receipts by email

Submit your expense receipts via WhatsApp (SG)

Manage your users who can submit documents for accounting

How do we account for expenses incurred outside Singapore on behalf of the company?

If a receipt is too long to capture in one image, can images be linked together?

For domestic travel such as charges to company debit card, ezlink card, Apple pay, there are no receipts. What do we produce as documentation?

Beyond receipts, what other documents are needed to justify expenses such as rent, insurance or flights?

Do bills need to be in the company name, or is a personal name acceptable?

What should we do if supporting documents have been lost / can no longer be found / faded and no longer visible?

Can a group be set up so more than one person can submit receipts by WhatsApp, or can several people from the same company each set up their own WhatsApp chat?

Are there cases where a claim is not allowed as an expense even though backing documents were provided?

Where expenses were paid on a personal card, is it acceptable to hide the non-business transactions before submitting the statement?

How should petty cash and low-value purchases with no merchant receipt be handled?

Do original receipts still need to be kept, and for how many years?

Does a Grab receipt need to come from a Business account, or is a personal Grab account acceptable?

If the bank feed is already connected, do receipts still need to be uploaded separately?

How does Sleek detect duplicate images?

If a third party buys something for the company under their own name (e.g. a domain), how is it claimed, and do we reimburse them in cash once the invoice is submitted?

Can a company debit card statement be submitted in place of a receipt?

Introduction to types of financial statements

Difference between consolidated management accounts and group unaudited financial statements

Accounts Receivables (AR)

What is the XBRL?

Year of Assessment (YA)

Requirements for audit exemption

Information required in a tax invoice

How to save on taxes by claiming home rental as a business expense?

Bookkeeping Services in Singapore

Differences between Accounting and Bookkeeping

What is multi-currency and why is it important?

Introduction to SleekBooks

Introduction to Xero

Transfer of your Xero subscription to Sleek

Set up bank feeds with Xero

How to set up bank feed for DBS Bank

How to set up bank feed for OCBC Bank

How to set up bank feed for HSBC Bank

How to set up bank feed for UOB Bank

How to set up direct feed for Stripe

How to set up direct feed for TransferWise

How to set up direct feed for WorldFirst

How to set up direct feed for PayPal

Which banks link to Xero?

How to create a sales invoice in Xero

How to create a repeating sales invoice in Xero

Introduction to E-invoicing on Xero

How to register for E-invoicing on Xero

Xero Frequently Asked Questions

How to add expenses to a new Expense Report in Dext

How to add/remove items in existing expense report in Dext

How to edit your expense report in Dext

How to delete your expense report in Dext

Change payment currency of an expenses claim report in Dext

What is Central Provident Fund (CPF)?

What is Skills Development Levy (SDL)?

What is Foreign Worker Levy (FWL)?

Template for your payslip

What is Self-Help Group (SHG)?

Onboarding process for my payroll

Tips to manage my payroll in Singapore

Tax residency of a company in Singapore

Tax exemption of foreign-sourced Income in Singapore

Transfer Pricing in Singapore

How to get a tax residency certificate?

Pre-incorporation

Deductible expenses

Goods and Services Tax (GST)

Corporate tax in Singapore

Important deadlines for my company

Annual General Meeting (AGM)

Process if you are exempted from holding an Annual General Meeting (AGM)

Process to hold an Annual General Meeting (AGM)

Filing my Annual Return (AR)

Filing my Estimated Chargeable Income (ECI)

Filing my annual tax return (Form C or Form C-S)

Extension of time (EOT) for Annual General Meeting (AGM) and Annual Return (AR)

Common penalties for companies in Singapore

Penalties for late filing

What is the CorpPass?

Introduction to Sleek's Partners

Airwallex

Aspire

Payoneer

Stripe

Simple Guide to Shares

What is an Employee Stock Ownership Plan (ESOP)?

Factors to consider while implementing ESOPs

How does Employee Stock Ownership Plan (ESOP) work?

What are the types of dividends in Singapore?

AMENDMENTS OF SHARES (ALLOTMENT)

ALLOTMENT OF SHARES (SPLITTING)

AMENDMENTS OF SHARES (TRANSFER)

What is a company's constitution?

How to amend or adopt a new Constitution

What is a convertible note and how it works?

What is a capital increase?

How to onboard a new shareholder?

How to register the Data Protection Officer (DPO)

What is a Data Protection Officer (DPO)?

What is a capital reduction?

How to decrease my capital?

Steps before raising a round of funding

The 6 main sources of funding for your startup in Singapore

Introduction to Bootstrapping

Accelerators and incubators in Singapore

Where to find my incubator or accelerator

Startup SG Equity Programme

Career Trial Programme

Innovation, R&D and Capability Development Incentives

Market Readiness Assistance (MRA) grant

P-Max Scheme

Enterprise Development Grant (EDG)

ICOs (Initial Coin Offering) in Singapore

Pros and cons of ICO (Initial Coin Offering)

E-signatures in Singapore

8 Ways using e-signatures can benefit your business

How does Singapore law support electronic transactions?

6 digital tools for your business to close deals faster

Two ways to close a company in Singapore

How to strike off my company?

Strike Off Timeline

Work visas available in Singapore

Employment Pass (EP)

Personalised Employment Pass (PEP)

How to sign up for My MOM Portal access?

EntrePass

How to apply for an EntrePass?

S Pass and key factors to a successful application

Internship and Student Visas

Employment Pass rejected, how to appeal?

5 Key factors in a successful Employment Pass application

Secondary directorship for Employment Pass holders

Requirements for changing from LOC to EP

ONE Pass

Letter of Consent

Hiring Employees in Singapore

Recruitment of an Employment Pass holder

Recruitment of a Singaporean Resident

How to Become a Singaporean Permanent Resident (PR)

Ministry of Manpower (MOM)

Jobs Bank

Employment Act

Employment Contract and KETs (key employment terms)

Salary & Bonus

Public Holidays

Hours of Work & Overtime

Annual Leave

Sick Leave

Maternity, Paternity, Shared Parental and Childcare Leave

Employment Termination

All Categories > RUNNING MY BUSINESS > Using Sleek's platform > Bank account opening > Bank Account Opening Frequently Asked Questions

Bank Account Opening Frequently Asked Questions

Which are the bank that Sleek can assist me to open

In the sleek client app, option 1 is to open a sleek business account, option 2 is to open a traditional local bank eg UOB, OCBC.

Are these platforms on automatic bank feed list eg ANEXT, DBS/POSB, UOB, Hitpay

DBS is on the supported bank feed list and can be linked directly, same as for other local banks such as UOB/OCBC. ANEXT, Hitpay is not on that list, so statements/documents for it would need to be filed manually.

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