Income Tax & Return Filing

Tax Computation and Advisory

Corporate Tax
Most Private Limited Companies are liable to pay corporate tax. The current corporate tax rate is 17%.

Currently, all newly incorporated companies enjoy a tax exemptionfor the 1st S$100,000/- net chargeable income each for their first 3 tax assessment years. Partial tax exemption is granted for all companies with net chargeable income S$300,000/- and below.

Tax Advice & Planning
Tax planning is one of the areas that entreprenuers are most concerned during the course of business planning and setup. There are existing potential tax savings and government incentives available in Singapore to encourage entrepreneurship and development of various industries.

In order to maximize your tax benefit, it is essential to get a tax expert to guide you through the different economic and tax incentives available, to recommend tax-efficient structures for your business and to assist in claiming for all applicable tax incentives, allowance and rebates.

Goods and Services Tax (GST)
Any business expecting to achieve a sale turnover of $1 million or above in the year is required to be GST registered. Our consultants can advise you accordingly and take you through the registration process.

For GST registered companies, they would need to submit the Form 5 to IRAS (Inland Revenue Authority of Singapore) on a quarterly basis and within 1 month from the date of each financial quarter end.

Back to OUR SERVICES