You can check your Central Provident Fund (CPF) Statement any time by logging in to the CPF website with your SingPass. With My Statement, you can get
Frequently Asked Questions : Taxation & Accounting
Can I make voluntary Central Provident Fund (CPF) contributions?
Yes, you can make voluntary contributions to the Central Provident Fund (CPF) to build up your retirement savings. These contributions can also be
Can I use my Central Provident Fund (CPF) for the Education Scheme?
Yes, the Education Scheme is a loan scheme that allows you to use your Central Provident Fund (CPF) savings for full-time tertiary education in
Can I use my Central Provident Fund (CPF) for owning a property?
Your Ordinary Account savings can be used to buy a home under the Central Provident Fund (CPF) housing schemes. You can buy an HDB flat under the
Can I use my Central Provident Fund (CPF) for healthcare?
Your monthly contributions to your Medisave Account help you build up savings for your healthcare needs. Medisave can be used to pay for your own or
Are directors responsible for CPF contribution for the staff?
Yes, the directors are held responsible for the company's CPF contribution.
Do foreign employees need to contribute to the CPF fund?
Foreigners on Singapore work passes such as Employment Pass, S Pass, etc. are exempted from CPF contributions in Singapore.
Do foreign companies that set up in Singapore enjoy tax incentives?
To encourage foreign capital inflow into Singapore, there are tax incentives provided to various industries namely in the form of reduced corporate
Are donations tax-deductible in Singapore?
The following types of donations in Singapore would qualify you for a double tax deduction (twice the donation value): Cash Donations Shares
Do I have to pay the salary and CPF of the Nominee Director?
No. Apart from the nominal annual fees, you have no responsibility towards the Nominee Director.
Are all start-up companies eligible for Start Up Tax Exemption (SUTE) even if all shareholders are foreigners?
Yes, you are eligible for Start Up Tax Exemption (SUTE) provided the following conditions are fulfilled. The company must not have more than 20
