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A Quick Guide to Withholding Tax for Singapore Companies and Individuals

What is Withholding Tax Withholding tax is levied on payments made to non-residents including employees, business partners and overseas agents. A non-resident is liable to pay income tax on Singapore-sourced income. Under the law, a person has a legal obligation to withhold a percentage of the payment when he makes payments of a specified nature [Read More...]

Singapore Tax Residence Status for Companies

 There are many benefits to establishing a company and, more importantly, to be considered a tax resident in Singapore. Singapore, with its sophisticated business infrastructure, has comparatively much lower tax rates than many contemporary developed countries. It has also a large tax treaty network which provides tax reliefs and double taxation of income. It is, hence, an attractive place for foreign investors with investments in the Asia Pacific region, or simply using it as a spring board to expand in that region. Other significant benefits include tax exemption on foreign-sourced dividends, foreign branch profits, and foreign-sourced service income and tax exemption scheme for new start-up companies.
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Consultant Directory

Business (Consultant) Directory was created to provide a place for those that offer Consultant Directory consulting services, expert Consultant Directory advice, and professional Consultant Directory services to be listed for free in our directory. roducts A – Z A  | B  | C  | D  | E  | F  | G  | H  | I  | J  | K  | L [Read More...]
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