bank of singapore

​Why choose Bank of Singapore

Singapore has become a popular offshore financial center due to its low tax rate, few taxes, free trade, and the ability to avoid double taxation. As a dark horse that came from behind, Singapore is so favored by investors. In addition to the advantages of registering a Singapore company, Singapore , are there any benefits to opening a Singapore bank account?
1. Asset segregation: As a financial center in Asia, Singapore has a stable economy and a sound legal system.
In the 2017 reports of the three major rating companies, Standard & Poor's, Moody's and Fitch, Singapore's long-term sovereign ratings all reached "AAA", and the rating outlooks were all stable.
2. Ultra-low tax rate: Singapore is recognized as one of the countries with the lowest tax rates in the world. Compared with developed countries such as the United States, Canada and Australia, Singapore’s tax rate is extremely low: no inheritance tax, no capital gains tax and no dividend tax, which can effectively create benefits for investors. Maximize revenue.
3. Global allocation: Investors can choose to invest in a single currency account or a multi-currency account, with a variety of investment currencies and products, and the investment scope covers the world.
4. Security and confidentiality: Bank of Singapore attaches great importance to the privacy of its customers. The Monetary Authority of Singapore has established strict supervision and punishment mechanisms to protect the security and privacy of customers' accounts to the greatest extent.
5. Convenient and fast: Singapore accounts are not subject to foreign exchange controls, funds can be allocated freely and are easy to use.
Tennet is a corporate service company and investment company established for 22 years. It is based in China and Hong Kong. In the past 22 years, it has accumulated more than 60,000 merchants from all walks of life, more than 600 professionals, more than 3,000 affiliated institutions, and more than 8,000 suppliers. Partners, more than 100,000 customers from more than 130 countries. Dennet has handled more than 1 million cases, and the success or survival rate of client companies has reached over 80%.