Chat With Us

We are here for you, however, our physical office will be closed in accordance with the Singapore government measures from 7th April 2020 to 1st June 2020. Read more..

FAQs / Tax on dividends

“What are dividends and do Shareholders have to pay any tax on dividends in Singapore?”

During the year, a company’s board decides whether the business has done well enough to pay the shareholders an interim dividend and at the end of the financial year, the shareholders can pay themselves a final dividend. Dividends can be paid from the company’s profits or reserves. Dividends are paid according to the number of shares held by the shareholders, so the more shares you own, the more money you get. Singapore practices one tier tax system which means shareholders are not taxed on the dividends they receive from Singapore companies.

Posted in: Company Directors and Shareholders FAQs

Call Us
Skype
Text Us
Email Us