Frequently Asked Questions : Taxation & Accounting

Why outsource accounting?

Most companies incorporated in Singapore are required to prepare their financial accounts annually in accordance with the Singapore Financial

The Stamp Duty Tax for property transfer in Singapore is as follows: Value of property Rate (%) First S$180,000 1.0 Next

Central Provident Fund (CPF) payments are to be paid monthly and within 14 days after the end of the month for which CPF contributions are due.

Income from overseas is taxable in the following scenarios: It is received in Singapore through partnerships established in Singapore Your

The Central Provident Fund (CPF) applies to Singapore citizens and permanent residents earning more than S$50 a month.

As a Singapore subsidiary, your company will be entitled to the following benefits: Your company may be eligible for income tax exemption available

You need to assess if your company turnover in any past 12 months or the next 12 months is more than S$1 million. If it is, you need to register

The Singapore individual income tax rates for YA 2022 are shown below. Singapore individual / personal income taxes are charged progressively (0% –

The Central Provident Fund or CPF is a mandatory pension fund scheme applicable for all Singapore citizens and Singapore permanent residents earning

Any income earned by providing technical, consulting or other professional services as a part of their trade, profession or business is considered as

The maximum Central Provident Fund (CPF) contribution rate for employer and employee is 16% and 20% respectively and can be lower depending on

Goods and Services Tax (GST) is a tax on the supply of goods and services made in Singapore by a taxable person in the course or furtherance of any