Tax & Accounting Services
SMEs of all industries, and MNCs, let us take care of your corporate tax obligations.
Goods and Service Tax (GST), is a consumption tax on most domestic goods and services and currently sits at 8% with a further increase to 9% in 2024.
Transfer pricing: Businesses selling products between their related parties should prepare and keep transfer pricing documentation ready to show that their related party transactions are conducted at arm’s length principle.
Withholding tax: We are experts at advising non-resident clients on these requirements which range from 10-17%.
Corporate tax filing: All companies must submit annual corporate tax returns to the Inland Revenue Authority of Singapore (IRAS). The deadline to submit audited or unaudited accounts is usually on the 30th of November annually. Singapore adopts the preceding year basis taxation. Therefore, the profits for the financial year ending in the preceding year will form the basis for filing the corporate tax returns in the current year.
Personal income tax filing: Singapore adopts a progressive personal tax rate, relative to an individual’s income. It is mandatory to file for your annual personal tax returns to IRAS by the 15th of April of every year. Our professionals can advise you on submitting these returns.