Singapore Business Registration and Company Incorporation Specialists
 
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"Facts are cheap, information is plentiful - knowledge is precious" - Michael E. Angier

For incorporation of your Singapore Company, we have prepared a list of frequently asked questions by both foreign and local clients. You may also refer to ACRA, Singapore's Company Registry.

Income Tax FAQs

 

I'm in Singapore for less than 183 days. What do I need to know about my tax?

 

You are considered a non-resident. As a non-resident:

  • You will only be taxed on all income earned in Singapore.
  • You will not be entitled to tax reliefs.
  • Your employment income will be taxed at a flat rate of 15% or the progressive resident rates, whichever results in a higher tax amount.
  • Director’s fees and other income such as rent earned in or derived from Singapore will be taxed at the prevailing rate of 20% (22% from Year of Assessment 2017).

When filing income tax, please fill in Form M (Income Tax Return for Non-Residents).

 

I am a director of a Singapore Company employed for 1.5 months, i.e., less than 60 days in the year. Is my income exempt from income tax?

 

Your short-term employment is exempt from tax.

This rule DOES NOT apply if:

  • You are a director of a company, a public entertainer or a professional in Singapore; or
  • Your absences from Singapore are incidental to your Singapore employment. In this case, your total income (including income for services rendered outside Singapore) is taxable in full in Singapore.

Director’s fees and other income are taxed at the prevailing rate of 20% (22% from Year of Assessment 2017).

You are not entitled to tax reliefs.

  • Registration and Setup of a Entities in Singapore
  • Registration and Setup of a Branch Office in Singapore
  • Registration and Setup of a Entities in Singapore
  • Registration and Setup of a Entities in Singapore
  • Registration and Setup of a Subsidiary Company in Singapore
  • Registration and Setup of a Entities in Singapore
  • Comparison of Singapore Branch Office vs Subsidiary Company vs Representative Office