Singapore’s tax system is attractive to expatriates and investors. Individual income tax is progressive, so higher earners pay more while lower earners benefit from lower rates. There is no capital gains, inheritance, or estate duty, making investing and residing in Singapore advantageous. Corporate tax is flat, with incentives such as exemptions, rebates, and deductions to support business growth.
Establishing a company in Singapore offers access to robust infrastructure and a pro-business environment. Singapore ranks highly for ease of doing business, IP protection, and low corruption. The Economic Development Board (EDB) provides incentives and support for overseas investors. Singapore's efficient regulatory framework simplifies the incorporation of a company, which is particularly advantageous for foreign investors.
Singapore’s strategic location in Southeast Asia makes its port a key, busy hub. Proximity to regional markets creates opportunities for investors and businesses. Many Chinese and Australian producers and trading houses base significant offices here, reinforcing Singapore as the leading regional commodities hub. Its 25 free trade agreements with major markets give investors and businesses excellent access to important global economies.
Access a full suite of wealth and protection solutions, supported by valuable market insights, to help you achieve your financial goals.
Whether you are travelling, working overseas or even relocating your family, tap on our global network to help you with all your banking and financial needs
Our International Relationship Managers are passionate in growing and protecting your wealth. What’s more, they understand your culture and speak your language.
Link and view multiple accounts seamlessly in different countries in a single view, and move funds between them.
Enjoy free international money transfers and the flexibility to choose your currency. Learn more
Achieve your wealth aspirations seamlessly with myRM. Review and authorise investment transactions on the go. Learn More
The card rewards you on your total banking relationship with us. Earn 360o Rewards Points faster and easier that never expire. Learn More
Wealth $aver – Up to 2.80% p.a. with Multi-Currency feature. Learn more
USD$aver – Up to 5.50% p.a. on USD deposits with no lock-in. Learn more
When you qualify as a Priority Banking client, you will enjoy the same priority status across over 30 markets in Asia, Africa and in the Middle East.
Enjoy a respite from your schedule with complimentary refreshments at our International Banking Centre in Singapore.
Step inside a world of exclusive experiences, designed to connect you with what matters most
Discover the welcome gifts you can enjoy based on the amount of your fresh funds deposit as a new to Priority Banking client.
View the breakdown of how you can unlock up to in total rewards.
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Connect seamlessly with your Relationship Manager via myRM where you can review and authorise investment transactions on the go. Visit myRM for more details
SC Mobile can be downloaded from the App Store / Google Play Store. If you have recently applied for a new product with us, your Temporary User ID and Password will be sent to you separately via email and/or SMS. Visit Standard Chartered Mobile for more information.
You can link and view your Singapore and accounts held across different countries using the Global Link feature on the SC Singapore Mobile app and Online Banking. With Global Link, you can seamlessly link and view multiple accounts in different countries in a single view and move funds between them at the click of a button. Free international money transfers and flexibility to choose your currency. Refer to Global Link for more information.
The Priority Banking & Priority Private Q2 2026 Sign-Up Promotion is available from 1 April 2026 to 30 June 2026 (inclusive) (“Promotion Period”) to New-To-Bank customers only. Eligible Investments do not include insurance policies, foreign currency exchange transactions and investments using CPFIS SRS. To participate in the Promotion, customers must open a Wealth $aver or USD$aver account. Please refer to sc.com/sg/priority-tnc for exclusions and full terms and conditions and exclusions that apply. For general Priority Banking Terms and Conditions, please refer to https://www.sc.com/sg/terms-and-conditions/priority/.
Promotion is only open to new-to-bank customers and is valid until 30 June 2026. Receive S$200 cash reward for every S$50,000 (or its foreign currency equivalent) of Eligible Bonds or Structured Products purchased in a single day, subject to a cap of S$6,000 cash reward account per Eligible Customer. Please visit https://av.sc.com/sg/content/docs/sgntb-prbinvestreward-tnc.pdf for full terms and conditions and exclusions.
Please refer to https://www.sc.com/sg/save/time-deposits/singapore-dollar-time-deposit/ for full terms and conditions that apply.
Disclaimer
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
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