Singapore Corporate Tax Filing Services
All companies registered in Singapore must file their corporate tax returns to IRAS.
To ensure a smooth process, IRAS advises companies to submit their filings well in advance. The stakes are high; any delay in filing your corporate income tax return could lead to serious consequences, including penalties and enforcement actions.
What is the corporate tax filing deadline in Singapore?
| Year of Assessment | Statutory Filing Deadline |
|---|---|
| 20XX | 30 November of each year |
Let us help you file your Corporate Tax
Rikvin can help you file your annual corporate tax returns in a timely manner.
Our corporate annual tax return filing service in Singapore includes but is not limited to the following accounting functions:
- Corporate tax computation
- Preparation of tax forms for corporate submission
- Preparing of the Director’s Report
- Preparation of Form C-S/C for submission
- Payments and refunds of Corporate Tax
Related Read: What is the final corporate tax deadline? »
Our accounts managers will also guide you on the filing of audited or un-audited accounts as well as tax planning.
People also ask
- The corporate income tax rate in Singapore is 17 percent, which is calculated on the basis of the company’s chargeable income i.e. taxable revenues less allowable expenses and other allowances.
- The corporate income tax rate in Singapore is calculated on the basis of the company’s chargeable income i.e. taxable revenues less allowable expenses and other allowances. In Singapore, taxable income refers to gains or profits from any trade or business; income from an investment such as dividends, interest and rental; royalties, premiums and any other profits from the property; and other gains that are revenue in nature. Generally, deductible business expenses are those ‘wholly and exclusively incurred in the production of income’. Meanwhile, non-deductible business expenses include personal expenses such as travel or entertainment not related to the running of the business, and capital expenses such as expenses incurred to incorporate a company and purchase of fixed assets.
- Yes, Singapore offers various tax incentives and exemptions to foster business growth. Notably, the city-state provides attractive incentives such as Development and Expansion Incentive. This scheme allows companies involved in valuable new projects, expanding or improving their operations, or taking on additional activities after their initial pioneer phase can apply for a reduced tax rate of at least 5% for up to ten years.
- In Singapore, both resident and non-resident companies engaged in business are liable for corporate tax. This pertains to income originating within Singapore as well as foreign income upon remittance or deemed remittance to the country. The corporate tax rate stands at a uniform 17%. For convenient calculations, employ our Singapore tax calculator to determine gross tax liability and effective tax rates through our Corporate Tax Calculator tool.
Interested in our Singapore corporate tax filing services?
Read our Singapore corporate tax guide or use our online corporate tax calculator to estimate your company's tax payable.
