BusinessStarter Kit Business

Starter Kit

HOW TO START A BUSINESS IN SINGAPORE1OPEN A STARTUP ACCOUNT IN JUST 5 MINS2APPLY FOR A DBS SME LOAN ONLINE IN MINS3AN INTRODUCTION TO DBS BUSINESSCLASS4DBS VENTURE GROWTH PARTNERS5DBS BUSINESSCLASS: A VALUABLE RESOURCE FOR YOUR BUSINESS6

FIVE STEPS TO START A BUSINESS IN

SINGAPORE

RESEARCH ONGRANTS

There are many �nancial assistance schemes government agencies and private corporations that can give

your start-up a boost.

DECIDE ON A BUSINESSSTRUCTURE

How much do you want to invest? Do you have a partner? What risks are you prepared to take?

WRITE A DETAILEDBUSINESS PLAN

Put your ideas down inblack and white

BUSINESS PLANBUSINESS PLAN

REGISTER ON ACRA

Have your SingPass details handy

OPEN A BUSINESSACCOUNT

Apply for a DBS Business Account online in just 5 minutes!

BRNBRN

BUSINESS STARTER KIT

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Starting a business is a big step for anyone. Whether you are thinking of taking that step or have already started on your entrepreneurial journey, this starter kit will provide you with the necessary information to get your business up and running.

From choosing the right business entity to the different ways of �nancing youroperations, the DBS Business Starter Kit is a handy resource for any new entrepreneur.

If you’re setting up a Company (Pte Ltd) and would like assistance registering on ACRA and appointing a Company Secretary, click here

Or for more information on the 5 Steps of starting a business, click here

Check out the full list herePage 01

AVAILABLE GOVERNMENT GRANTSGet funding on capability upgrading initiatives such as process

improvement and product development. Such as:

Capability Development Grant

Innovation & Capability Voucher

(ICV)

Technology Adoption Programme (TAP)

VOU

CHER

VOU

CHER

Open a Startup Account in just 5 Minutes!To help SME owners realise their visions, we design our products and services to be seamlessly integrated with our customers’ everyday

lives. The result is fast convenient banking that frees you up to do what you do best.

^Chargeable OTC transactions include: Cash deposit & withdrawals, Cheque encashment, Purchase of cashier’s order, Purchase of demand draft, Funds transfers, Outward Telegraphic Transfers (hard copy forms)

# To be eligible for it, your company must have been incorporated in Singapore within the last 6 months and owned by individuals.

Insured up to S$50,000 by SDIC.

Is the minimum balancerequirement one of your key points of consideration?

YESWould you be conducting the majority of your transactions

online?

NOApply for a DBS Business Account.

YESConsider the DBS Digital Account

with no minimum balance requirement.

NOConsider the DBS Entrepreneur's Account. For companies incorporated within the last 6 months#, the minimum balance requirement is waived for the �rst

3 months and there are no extra charges for OTC transactions & cheque books.

Click here to apply now!

DBS Digital Account

FEATURES

BENEFITS

Minimum average daily balance

FREE debit card with no annual fee and 0.3% cash rebate

Dedicated, award-winning service with fast response and extended opening hours

Invitations to exclusive networking events with global industry players and disruptors

Monthly Account Fee

Annual Account Fee

Mobile banking app& desktop banking access

Fall-below fee

Internet banking (IDEAL™) fee

Minimum initial deposit SGD 3000

Nil

SGD 1000

NilSGD 18

Cheque Books issued FREESGD 25 each

SGD 40Nil

Security Device FREE digital tokensFREE digital tokens

YesYes

SGD 10,000

Nil SGD 35

FREE!FREE!

Over-the-counter(OTC)transaction fee^

As per Pricing GuideSGD 20 + charges in Pricing Guide

Rebates

DBS BusinessClass

DBS BusinessCare

DBS Business Account

Page 02

Apply for a DBS SME Loan online in minutesDBS provides a smarter, faster and more convenient loan application service to times-strapped business owners. SMEs can apply for up to 13 types of loan products online in just �ve minutes. They can also track their applications in real time and get instant noti�cations.

Am I eligible?You can apply online when you ful�ll the following:

You are a Singapore-registered company

For government assisted schemes, 30% or more shareholdings

are held by Singaporeans or Singapore PRs

You have a turnover below SGD10 million

LOAN ELIGIBILITYCHECKLIST

Which DBS Loan Is Right For You?

Grow my business Improve my cash management

I have >10 employees AND an annual turnover

of >SGD 1 million

Protect my business

I would like to...

NoDBS Micro Loan

YesDBS Business Term Loan or DBS SME

Working Capital Loan

DBS ForeignExchange Line

DBS Export Financing

DBS MasterCard World Business Card

DBS Visa Platinum Business Card

DBS VehicleFinancing

DBS PropertyFinancing

DBS Overdraft

DBS Import Financing

DBS Equipment Financing

DBS Accounts Receivable Purchase

I deal with local clients

I deal with foreign clients

I want to �nance my assets

I want a �exible line of credit

$$

$$$$

$$$$

$$$$

$$$$

$$$$

$$

Click here to apply now!Page 03

Disrupt your Industry with DBS BusinessClass Stay ahead of your competition with these industry guides, featuring the latest technology-driven trends

that are disrupting businesses in each sector.

AN INTRODUCTION TO

DBS BusinessClass DBS BusinessClass is a program for SMEs designed to help them grow their business and network by providing the latest

market trends and exclusive access to a knowledgeable community of Asia's business masterminds.

F&B

A series of sumptuous F&B takeaways that can change the

way businesses operate.

Automotive

Drive your business further with these insights from the auto

industry.

Retail

Shop for the best solutions to your retail business problems.

Exclusive deals for StartupsSign up with these technology solutions providers to help your business get an edge over the competition

AccountServeGet customised accounting solutions for your company

$300 off the 1st year compliance

package with ACRA & IRAS

LawCanvasAsia’s best contract editing platform - Create legal agreements and contracts in seconds

50% off all documents access

(U.P. $250)

StarHubExclusive SIM only no-contract offer with sign-up on a new 4G 3 Business Mobile Plan.

Pay only $1 a month for �rst 6

months and 50% discount off

your monthly subscription

thereafter.

For more exclusive deals from DBS BusinessClass click herePage 04

Connection & Knowledge

1. DBS BusinessClass Mobile AppConnect with a network of entrepreneurs, investors and advisors in Asia via the mobile app.

2. BusinessClass e-AssistantChat with an e-Assistant who can provide connections, tips and networking support

3. Virtual AssistanceMembers can tap on the BusinessClass pool of experts from various industries and areas of specialisation

Networking Opportunities

1. DBS Bay Area SeriesGet start-up tips from successfulindividuals from the Silicon Valley– a great opportunity for localentrepreneurs and investors alike.

2. Disrupt @ The Bay SeriesA series of sectoral eventsfeaturing cutting edgetechnologies and innovativestart-ups �own in from all over the world to meet traditionalbusinesses in Singapore.

DBS TechMatch

In collaboration with Infocomm Investments Pte Ltd and IPI, DBS TechMatch sets out to encourage and support innovation amongst SMEs in Singapore. From understanding your business challenges, to designing solution concepts and matching them with the right solution providers. Allowing SMEs to improve and build capabilities.

Connect with the BusinessClass e-Assistant to �nd out more.

Working Capital Support

SMEs can receive a holistic banking service that includes Venture Debt Financing, and other Cash Management Solutions.

DBS BUSINESSCLASSDBS BUSINESSCLASS

DBS Venture Growth PartnersDBS Venture Growth Partners (VGP) is a specialised team providing end to end banking solutions for startups. DBS looks at the startup ecosystem holistically from seed to late stage. The team provides tech startups with services like venture debt, deposits, cards, internet banking, cash management etc.

For venture debt, our criteria requires startups to have raised at least $1 million of Series A and be VC-backed. Venture debt is consider as an alternative capital-raising option, where early growth tech start-ups can now use venture debt to complement venture capital, and buy more time and �exibility for their businesses to hit key development milestones, which can potentially increase their company valuations.

SOLUTIONSVenture DebtDepositsCardsInternet BankingCash Management

SOLUTIONSVenture DebtDepositsCardsInternet BankingCash Management

Why choose DBS Venture Debt Financing?

Achieve a more balanced and less

costly capital structure with little or no equity

dilution

Free up venture capital for research & development, talent

employment and marketing

Extend equity runway to reach key in�ection

points and reach valuations at a more

sustainable pace

Complement Venture Debt with a suite of

other services to support you through the various stages of your business, from

cash, payment to IPO or acquisition

Reach out to our e-Assistant on the DBS BusinessClass App to �nd out more.Page 05

$ $ $

Company Valuation

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For access on the go, download the app now!

go.dbs.com/getbizclass

You are

Invited!

Be a part of DBS BusinessClass to access invaluable resources for your business.