CALL +65 6221 4733 
  • Incorporation Singapore Company banner

How Singapore Benefits from its Tax Haven Status

The term “tax haven” is a very loaded and controversial one. It is also one of the most misunderstood phrases in the business and financial world. Many people assume that tax havens are only ever used for unethical or illegal purposes. However, this is certainly not the case. Tax havens can be used for all sorts of […]

Continue Reading Article >

Corporate Tax Advantages for Singapore Companies

Corporate tax is an important part of every country’s tax system. Governments impose corporate tax so that corporations will do their part in contributing to the financing of government actions taken on behalf of the citizens. Corporate taxes also ensure that all companies in a certain country are operating in a legal and trustworthy manner. Every […]

Continue Reading Article >

Information on Corporate Tax in Singapore

Corporate tax is a fundamental element of the economy of every country. The taxes which are paid by corporations help the country’s financial mechanisms run smoothly. The imposition of corporate tax also ensures that companies across the country abide by all the tax laws and regulations by which they are bound. Such is also the […]

Continue Reading Article >

Is Singapore a Tax Haven?

Tax havens are a controversial topic in the world today. Many people have been accused of using countries which are tax havens for their own financial gain. One of the countries which some people occasionally believe to be a tax haven is Singapore. Before looking into whether Singapore is even a tax haven in the first place, […]

Continue Reading Article >

What is IRAS’ Organizational Structure?

The Inland Revenue Authority of Singapore (IRAS) is the primary authority for all tax-related matters in Singapore. It is one of the Singaporean government’s statutory boards and is related to the Ministry of Finance.  Although everyone who pays tax in Singapore has to have some level of familiarity with IRAS and its inner workings, few actually […]

Continue Reading Article >

What is the History of IRAS?

The Inland Revenue Authority of Singapore (IRAS) is one of the Singaporean government’s statutory boards. It is the country’s primary tax authority. Therefore, IRAS oversees all tax-related issues across the country.  Even though most people in Singapore are familiar with IRAS itself because of its influence on Singaporean taxation and thereby life in general, not many know […]

Continue Reading Article >

How can I obtain further details regarding Form IR21?

Form IR21 relates to tax clearance for employees who are either permanent residents of Singapore or foreigners. Whenever necessary, their employers are to file this form and withhold any money which would normally be due to the employee for the purposes of tax clearance. However, some employers may be unsure about some information regarding this […]

Continue Reading Article >

Income Tax Act Updates 2019

The Income Tax Act is Singapore’s primary legislation governing all matters related to income tax in the country. It was first introduced in 1947 as Ordinance 39. Its latest update took place in 2014. It is supported by other tax-related acts such as the Property Tax Act, the Goods and Services Act, and the Casino […]

Continue Reading Article >

Miscellaneous Singapore Taxes

When most people think of taxes, their minds will usually move towards personal income tax based on annual income, corporate income tax, or goods and services tax (GST) if they live in a country that imposes it. Each of these have important roles to play within the Singapore tax system. Notably, Singapore’s personal income tax […]

Continue Reading Article >

1 2 3 4