Singapore's Tax System Explained

A Singapore company is considered tax-resident in Singapore if the control and management of the company’s business is...

Transfer pricing involves setting the price for goods and services sold between controlled or related legal entities within...

In Singapore, withholding tax applies to certain types of income paid to non-resident individuals and companies. The payer...

Goods and Services Tax (GST) in Singapore is a broad-based value added tax. It is levied on import...

Singapore’s individual income tax rates are progressive, meaning the rate of tax increases as the taxable income increases....

In Singapore, certain types of companies are exempted from having their accounts audited. This is known as the...

Singapore uses a territorial basis of taxation, which means only income earned in Singapore is subject to tax....

Singapore’s corporate tax system is well-regarded for its competitive rates, ease of compliance, and numerous tax incentives. Here...

Singapore is renowned for its competitive and business-friendly tax regime. Here’s an overview of the tax rates and...