The rules and regulations in this country are similar to other countries. However, the specialty of this area is a lower tax rate. More interestingly, if you play your assets correctly, you can earn your interest with spending any money for taxes. Interestingly, the banks from Singapore go to China to fuel its economy. As a result, when you are keeping your money in any bank of Singapore, you are doing three things: one, you are saving on taxes; two, you are investing your money to the economy that is the fastest in the world; and third, the local experts will choose you for their investments, which will protect your money. Contact banks in Singapore and ask to speak with an English speaker. You can save an absolute fortune in taxes.