"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.
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:
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:
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.