We offer Singapore company incorporation, consultancy services, auditing, taxation, immigration work visas & annual compliance services.
Our payroll subscription are charged at S$680 per staff per annual. (min 1 yr subscription).
*Additional $150 /staff per mth if CPF online submission is required.
Our services includes the following:
Payroll Setup S$280 (payable per annual) – per staff
Monthly payslip S$30/mth
Annual Income Tax summary statement compilation – 1 statement S$40/annual
You will receive monthly payslip and payroll report from us as well as annual payroll and CPF (for local staff only) report and payroll summary statement. We will also be able to update annual leave and medical leave records when required.
We can also assist in CPF online submission for local staff at $150 per month/per staff. Or if your pay is standard monthly (same amount) we can assist you to arrange a one time setup / w giro payment for the CPF at S$350 only.
Please contact our corporate specialist for more information.
Paul Hype Page can help reduce the complexity and risk of running your own payroll, while helping to ensure greater accuracy with up-to-date tax rates and regulatory information. We offer extensive experience in the operation of the payroll function and a better payroll experience that is service focused and customized to meet your unique needs.
What are the most recent changes to Singapore’s income Tax Rates?
Singapore’s current maximum personal income tax rate is 22%. This represents an increase from the prior maximum rate of 20%. On the other hand, the corporate income tax rate has steadily declined over the years. It once sat at 26% but is now at 17%.
Why must Singapore have Tax exemptions on International air travel and shipping Income?
The countries to which these tax exemptions apply are heavily involved in shipping and air routes to and from Singapore. Therefore, these exemptions encourage the people of these countries to continue to engage with and conduct business activities in Singapore.
Why are Partnerships not regarded as Tax Entities?
Although a partnership conducts business operations, the owners of a partnership are to be regarded as individuals. Therefore, they are to be taxed as individuals or as corporate partners. They are thus taxed based on the share of the partnership income which they have generated.