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Who can open a Singapore bank account?
1. Enterprises or individuals investing in Singapore usually own Singapore companies or overseas companies, and need to open a Singapore bank account in the process of business dealings and fund dispatch. For local business operations in Singapore, or for offshore business operations (for example, businesses in countries or regions outside Singapore can be exempted from income tax in Singapore), so as to realize international legal tax planning.
2. Living in Singapore, you can open a bank account to deposit and withdraw money. There are actual business operations and taxes in Singapore, and entrepreneurs can also get the opportunity to move to Singapore, and then get a green card to successfully immigrate, realizing the value-added of enterprises, individuals and families. It will be more convenient and faster to have a bank account at this time.
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