Businesses in Singapore will soon ease their cash flow following a series of tax-related support measures as announced in the Resilience Budget on 26 March 2020 and Solidarity Budget on 6 April 2020. From extended filing deadlines to tax rebates, here are the new tax measures with the greatest impact on your business. Extended Filing […]

Does your Singapore company earn foreign income? If it does, the foreign income may be subject to taxation twice – once in the foreign jurisdiction, and a second time when the foreign income is remitted into Singapore. This is known as double taxation, which is when two or more countries impose taxes on the same […]

Singapore is a well-known tax haven with low corporate tax rates. With the effect of YA 2010, the chargeable income of a company, be it local or foreign firms, are taxed as little as 17%. Nevertheless, having low tax rates and experienced accounting services provider are not the only reasons why Singapore is a global […]