Singapore's political and legal security, an attractive tax framework and strict banking secrecy laws make the country a preferred location for private investors.
Political and legal security
Singapore has a thriving financial sector, a highly-developed economy, a transparent and corruption-free environment and stable prices.
The country consistently ranks in the global top 5 of most competitive economies and most influential financial centers.
Attractive tax framework One of the most attractive aspects of Singapore as an offshore jurisdiction is that it has one of the lowest taxation rates in Asia.
Non-residents who park their money in Singapore pay no taxes if that money is earned outside of Singapore, and investment gains earned
in Singapore (from stocks for example) are also exempt from tax.
Singapore is also one of the few offshore centers which was not included
in the EU Savings Tax Directive in 2005, an EU initiative to exchange information on EU citizens parking money abroad for tax reasons.
In Singapore, not paying taxes owed to foreign authorities is not a crime.
In 2004, Singapore amended its trust laws to allow foreigners
to sidestep state interference in many European countries which dictates how inheritance is carved up.
Banking secrecy laws Singapore has very strict banking secrecy laws: customer confidentiality can only be lifted under a court order. A sentence of $78,000
or three years in prison is given for the disclosing of information about customers and their accounts.
Singapore Company & Bank Account At your option you can elect to have a Singapore company in your
chosen name. Just select three names in order of preference bearing
in mind the companies suffix should end in an Inc., Ltd. or Corp.
One of your three company names is sure to be available for creation.
Approval of your company name availability takes one or two working
days to confirm and we will inform you immediately thereof.
Your company papers, bank papers and digit pass [for online internet
banking authentication] will be sent by courier to the client anywhere
in the world.
Your business address can be in another country other
than where you reside. If you require a mail accommodation address,
please e-mail us for the modalities.
The bank's requirements are: The client simply needs to engage a notary public to certify your
passport copy and current utility bill [less than three months
old,], plus witness you signing the bank application forms.
Absolutely no banker's references are required!
Please note that the cost below is for our browsers only.
For a Singapore Company and Singapore bank
account opening, including internet banking and an ATM card; the cost
for our clients is Euro 3,750 inclusive.
In the event you require a Nominee Director and Nominee Shareholder
please add US$1,250. This option is recommended for added privacy if
desired.
In addition you will need to submit a short Business plan of your
company, which we'll be happy to assist you with after we receive your
paid order.
The bank in Singapore is tops offering first rate customer service,
something sorely missing in many banks in today's world.
Act now for a world class bank and world class jurisdiction.
To order and pay by Bank Wire Transfer, E-dinar,
Liberty Reserve, MoneyGram or Western Union, please proceed
to our secure on-line order form at Click here to order Your ordering code is "Singapore".
Thank you for your interest in our Singapore Bank Accounts
Bob Williams
Offshore-Banking-Singapore
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