---
title: Account Opening Guide for Singapore Incorporated Companies
description: The documents required to open an Aspire account depend upon the complexity of your organisation.
---

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1. [Aspire FAQs - Indonesia](https://support.aspireapp.com/migration/faq/id?hsLang=en)
2. [Account Opening](https://support.aspireapp.com/migration/faq/id/account-opening?hsLang=en)
3. [Account Opening & Eligibility](https://support.aspireapp.com/migration/faq/id/account-opening?hsLang=en#account-opening-eligibility)

# Account Opening Guide for Singapore Incorporated Companies

## The documents required to open an Aspire account depend upon the complexity of your organisation.

### **Mandatory Documents/Information**

1. **ACRA Bizfile**
   
   [Click here](https://support.aspireapp.com/hubfs/Knowledge%20Base%20Import/ACRA%20SAMPLE.pdf?hsLang=en) to see a sample ACRA Bizfile
2. **[Letter of Authorization](https://forms.aspireapp.com/team/onboarding/letter-of-authorisation) (Non-Director)**
   
    The [letter of authorization](https://forms.aspireapp.com/team/onboarding/letter-of-authorisation) is required for all accounts where the user is a non-director. The letter is a signed document by any director in the company authorizing that the respective user can open the account.
3. **ID of User**
   
    Accepted IDs are National IDs or Passports. The picture must be clear and in colour. Driving licenses are not accepted. Kindly submit your passport/ID in .jpg, .jpeg, or .png format.
4. **Proof of address of User**
   
    Proof of Address is required if the submitted ID does not show your address. Accepted documents should be any legal documents issued by a third party: *utility bills, phone bills, bank statements, rental agreements, or contracts.*
5. **ID of any registered director**
   
    Accepted IDs are National IDs or Passports. The picture must be clear and in colour. Driving licenses are not accepted.
6. **Full Name, Nationality, Country of Residence, Date Of Birth (All Directors)**

### **Additional Documents**

1. **Name, Country of Residence, Nationality and IDs of the Majority Shareholder (If \>=25%)**  
   This applies to businesses with individual shareholders that hold \>=25% of shares in your business.
2. **Name and IDs of Corporate Shareholder (If \>=25%)**  
   This applies to businesses with corporate shareholders that hold \>=25% of shares in your business.
3. **Chart of Shareholder Structure (If \>=25%)**
4. **Constitution/Memorandum & Articles**
   
    This applies to all businesses, except Partnerships and Sole Proprietorships, to verify that the Constitution allows you to open an account on behalf of the company. You may watch this [video guide](https://support.aspireapp.com/migration/faq/id/account-opening-guide-for-singapore-incorporated-companies#video-constitution-singapore) or follow the steps below on how to retrieve your Constitution/MEMORANDUM AND ARTICLES OF ASSOCIATION: 
     - Go to <https://www.bizfile.gov.sg/>[https://www.bizfile.gov.sg](https://www.bizfile.gov.sg/) \> Enter your Unique Entity Number (UEN) in the search bar \> click Search again mid-screen.
     - Click on Other Information in the search bar results \> Click Search \> Scroll down to the section Extracts \> Under Category, select Company Incorporation (M&AA)/Constitution. For the Transaction Date, select Last 5 Years and click Find; (if unavailable try selecting the other options eg. Last 10 years, etc.)
     - Select the First option under Extract. Purchase it.
     - e-Certification is not needed *(no need to buy the e-Certificate version).*

**Note:** 

- All submitted documents must be in picture format (jpg or png) or digital documents. Scans are **not accepted**.
- We may also ask additional questions depending on your company structure/industry.

---

#### Can Singaporean charities and non-governmental organisations open an Aspire account?

You can register an Aspire account as long as you're registered by ACRA (Accounting and Corporate Regulatory Authority in Singapore) under these entities:

- Public company limited by guarantee
- Society

Please note that you can only open an SGD Account that can only be used for operational purposes (e.g. pay salaries etc.) and not to facilitate any donations to the charities.

---

**Video of acquiring a business constitution/memorandum and articles of association in Singapore**

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---

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- [Account Opening](https://support.aspireapp.com/migration/faq/id/account-opening?hsLang=en#main-content)

    - [About Us](https://support.aspireapp.com/migration/faq/id/account-opening?hsLang=en#about-us)
    - [Account Opening & Eligibility](https://support.aspireapp.com/migration/faq/id/account-opening?hsLang=en#account-opening-eligibility)
    - [Other FAQs](https://support.aspireapp.com/migration/faq/id/account-opening?hsLang=en#other-faqs)
- [Account Management](https://support.aspireapp.com/migration/faq/id/account-management?hsLang=en#main-content)

    - [Notification Settings](https://support.aspireapp.com/migration/faq/id/account-management?hsLang=en#notification-settings)
    - [Multi-User Access](https://support.aspireapp.com/migration/faq/id/account-management?hsLang=en#multi-user-access)
    - [Account Details](https://support.aspireapp.com/migration/faq/id/account-management?hsLang=en#account-details)
    - [Account Closure](https://support.aspireapp.com/migration/faq/id/account-management?hsLang=en#account-closure)
    - [Approval Policy](https://support.aspireapp.com/migration/faq/id/account-management?hsLang=en#approval-policy)
    - [Account Analytics](https://support.aspireapp.com/migration/faq/id/account-management?hsLang=en#account-analytics)
- [Receipt Management](https://support.aspireapp.com/migration/faq/id/receipt-management?hsLang=en)
- [SGD Account](https://support.aspireapp.com/migration/faq/id/sgd-account?hsLang=en#main-content)

    - [General](https://support.aspireapp.com/migration/faq/id/sgd-account?hsLang=en#general)
    - [Send Locally](https://support.aspireapp.com/migration/faq/id/sgd-account?hsLang=en#send-locally)
    - [Receive Locally](https://support.aspireapp.com/migration/faq/id/sgd-account?hsLang=en#receive-locally)
    - [Send Internationally](https://support.aspireapp.com/migration/faq/id/sgd-account?hsLang=en#send-internationally)
    - [Receive Internationally](https://support.aspireapp.com/migration/faq/id/sgd-account?hsLang=en#receive-internationally)
- [USD Account](https://support.aspireapp.com/migration/faq/id/usd-account?hsLang=en#main-content)

    - [About your Aspire USD Account](https://support.aspireapp.com/migration/faq/id/usd-account?hsLang=en#about-your-aspire-usd-account)
    - [Eligibility](https://support.aspireapp.com/migration/faq/id/usd-account?hsLang=en#eligibility)
    - [Managing your Aspire USD Account](https://support.aspireapp.com/migration/faq/id/usd-account?hsLang=en#managing-your-aspire-usd-account)
    - [Send Money](https://support.aspireapp.com/migration/faq/id/usd-account?hsLang=en#send-money)
    - [Receive Money](https://support.aspireapp.com/migration/faq/id/usd-account?hsLang=en#receive-money)
- [IDR Account](https://support.aspireapp.com/migration/faq/id/idr-account?hsLang=en#main-content)

    - [All about IDR Account](https://support.aspireapp.com/migration/faq/id/idr-account?hsLang=en#all-about-idr-account)
    - [Managing IDR Account](https://support.aspireapp.com/migration/faq/id/idr-account?hsLang=en#managing-idr-account)
    - [Send Money](https://support.aspireapp.com/migration/faq/id/idr-account?hsLang=en#send-money)
    - [Receive Money](https://support.aspireapp.com/migration/faq/id/idr-account?hsLang=en#receive-money)
- [EUR Account](https://support.aspireapp.com/migration/faq/id/eur-account?hsLang=en#main-content)

    - [Eligibility](https://support.aspireapp.com/migration/faq/id/eur-account?hsLang=en#eligibility)
    - [About your Aspire EUR Account](https://support.aspireapp.com/migration/faq/id/eur-account?hsLang=en#about-your-aspire-eur-account)
    - [Send Money](https://support.aspireapp.com/migration/faq/id/eur-account?hsLang=en#send-money)
    - [Receive Money](https://support.aspireapp.com/migration/faq/id/eur-account?hsLang=en#receive-money)
- [GBP Account](https://support.aspireapp.com/migration/faq/id/gbp-account?hsLang=en#main-content)

    - [Eligibility](https://support.aspireapp.com/migration/faq/id/gbp-account?hsLang=en#eligibility)
    - [About your Aspire GBP Account](https://support.aspireapp.com/migration/faq/id/gbp-account?hsLang=en#about-your-aspire-gbp-account)
    - [Send Money](https://support.aspireapp.com/migration/faq/id/gbp-account?hsLang=en#send-money)
    - [Receive Money](https://support.aspireapp.com/migration/faq/id/gbp-account?hsLang=en#receive-money)
- [Cards](https://support.aspireapp.com/migration/faq/id/cards?hsLang=en#main-content)

    - [General Card Information](https://support.aspireapp.com/migration/faq/id/cards?hsLang=en#general-card-information)
    - [Physical Card](https://support.aspireapp.com/migration/faq/id/cards?hsLang=en#physical-card)
    - [Advance Cards](https://support.aspireapp.com/migration/faq/id/cards?hsLang=en#advance-cards)
    - [Debit Cards](https://support.aspireapp.com/migration/faq/id/cards?hsLang=en#debit-cards)
- [Spend Management](https://support.aspireapp.com/migration/faq/id/spend-management?hsLang=en#main-content)

    - [Bills](https://support.aspireapp.com/migration/faq/id/spend-management?hsLang=en#bills)
    - [Budgets](https://support.aspireapp.com/migration/faq/id/spend-management?hsLang=en#budgets)
    - [Claims](https://support.aspireapp.com/migration/faq/id/spend-management?hsLang=en#claims)
- [Revenue Management](https://support.aspireapp.com/migration/faq/id/revenue-management?hsLang=en#main-content)

    - [General](https://support.aspireapp.com/migration/faq/id/revenue-management?hsLang=en#general)
    - [Invoices](https://support.aspireapp.com/migration/faq/id/revenue-management?hsLang=en#invoices)
    - [Payment Link](https://support.aspireapp.com/migration/faq/id/revenue-management?hsLang=en#payment-link)
    - [Payment Gateway](https://support.aspireapp.com/migration/faq/id/revenue-management?hsLang=en#payment-gateway)
- [Accounting Integrations](https://support.aspireapp.com/migration/faq/id/accounting-integrations?hsLang=en#main-content)

    - [Category Management](https://support.aspireapp.com/migration/faq/id/accounting-integrations?hsLang=en#category-management)
    - [Export Data](https://support.aspireapp.com/migration/faq/id/accounting-integrations?hsLang=en#export-data)
    - [QuickBooks](https://support.aspireapp.com/migration/faq/id/accounting-integrations?hsLang=en#quickbooks)
    - [NetSuite](https://support.aspireapp.com/migration/faq/id/accounting-integrations?hsLang=en#netsuite)
    - [Zoho Expense](https://support.aspireapp.com/migration/faq/id/accounting-integrations?hsLang=en#zoho-expense)
    - [Xero](https://support.aspireapp.com/migration/faq/id/accounting-integrations?hsLang=en#xero)
    - [SAP Business One](https://support.aspireapp.com/migration/faq/id/accounting-integrations?hsLang=en#sap-business-one)
    - [Jurnal](https://support.aspireapp.com/migration/faq/id/accounting-integrations?hsLang=en#jurnal)
    - [Accurate](https://support.aspireapp.com/migration/faq/id/accounting-integrations?hsLang=en#accurate)
- [Subscription Plan](https://support.aspireapp.com/migration/faq/id/subscription-plan?hsLang=en#main-content)

    - [Services & Value](https://support.aspireapp.com/migration/faq/id/subscription-plan?hsLang=en#services-value)
    - [Billing](https://support.aspireapp.com/migration/faq/id/subscription-plan?hsLang=en#billing)
- [Payment Platforms](https://support.aspireapp.com/migration/faq/id/payment-platforms?hsLang=en#main-content)

    - [Qoo10](https://support.aspireapp.com/migration/faq/id/payment-platforms?hsLang=en#qoo10)
    - [Shopify](https://support.aspireapp.com/migration/faq/id/payment-platforms?hsLang=en#shopify)
    - [Lazada](https://support.aspireapp.com/migration/faq/id/payment-platforms?hsLang=en#lazada)
    - [PayPal](https://support.aspireapp.com/migration/faq/id/payment-platforms?hsLang=en#paypal)
    - [Shopee](https://support.aspireapp.com/migration/faq/id/payment-platforms?hsLang=en#shopee)
    - [Stripe](https://support.aspireapp.com/migration/faq/id/payment-platforms?hsLang=en#stripe)
    - [Apple App Store](https://support.aspireapp.com/migration/faq/id/payment-platforms?hsLang=en#apple-app-store)
- [Safety and Security](https://support.aspireapp.com/migration/faq/id/safety-and-security?hsLang=en#main-content)

    - [Funds Safety](https://support.aspireapp.com/migration/faq/id/safety-and-security?hsLang=en#funds-safety)
    - [Security and Fraud Controls](https://support.aspireapp.com/migration/faq/id/safety-and-security?hsLang=en#security-and-fraud-controls)
    - [Personal Data Protection Act (PDPA)](https://support.aspireapp.com/migration/faq/id/safety-and-security?hsLang=en#personal-data-protection-act-pdpa)
    - [Other Queries](https://support.aspireapp.com/migration/faq/id/safety-and-security?hsLang=en#other-queries)
- [Others](https://support.aspireapp.com/migration/faq/id/others?hsLang=en)

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