DTAs should eliminate the resulting double taxation by either having the income: Taxed in only one of the two relevant countries , eg business profits, or Subjected to a lower (preferential) tax rate in one of the two relevant countries as compared to the domestic tax rate.
Conditions to Claim for Tax Relief under Singapore DTAs:
the claimant must be a tax resident in Singapore
the income must be such that it is subject to tax in Singapore
the income must be received or deemed to be received in Singapore, and
the tax has been paid or is payable on the income in the foreign country.
At Paul Hype Page, you don’t pay us by the hours, you gain from the value we provide in that hour.
Let us assist you today. For more information about Paul Hype Page & Co. professional company incorporation services, click here
Paul Hype Page & Co. is an ACRA-certified business adviser. Our team of seasoned professional can help you set up a company in Singapore very quickly and easily following all legal entities, and offer you sound advice on how to make it successful too.
In addition to business registration, we’ll also guide you how to:
Write a business plan – Learn how to write a compelling business plan by accessing our sample business plans, or other helpful market research information
Perform market research – Understand your business market, learn how it can enhance your business growth, and how to properly conduct a market research for your business
Legal issues for small business – If you are thinking about registration of company in Singapore, then you really need a lawyer. In addition, you will learn why legal counseling is very important part of any business.
Manage your finances – We’ll offer you the best resources and information to help you fully understand all financial concepts and teach you how to perform basic accounting tasks like budgeting, bookkeeping, financial analysis, among others.
To further aid you, we have provided here a resource area with industry specific information and other industry resources to help you successfully start and run your business.
By Eric Eio Managing Partner of Paul Hype Page & Co.
Eric was awarded an ACCA graduate in 2000 and also graduated from University of Sydney with a Bachelor degree in Computer Science & Accounting. Since graduation, he had worked in Big 4 as an auditor , including a one year overseas stint with Ernst & Young, Shanghai in 2005. He left his last appointment as an Audit Managerial position with PricewaterhouseCoopers, Singapore in 2008 before setting up his own Certified Public Accountant Practice– Paul Hype Page & Co. His firm is being selected to be one of the advisory panel for Singapore top 500 SME.