Corporate Tax Filing
Other important worthy considerations to incorporate a company in Singapore, from the tax point of view, are as follows.
While Singapore allows free flow of funds in and out of the country, with no significant restrictions on foreign exchange transactions and capital movements; there is also no wealth tax, no inheritance tax, no estate tax, no capital acquisition tax, no capital duty, no withholding tax on dividends, and most importantly, no capital gains tax as well in Singapore. In some cases, the Inland Revenue Authority of Singapore, allows for advance rulings on taxation.
The annual corporate tax filing deadline in Singapore is 30 November. All companies registered in Singapore must file their corporate tax returns to the Inland Revenue Authority of Singapore (IRAS) in a timely manner.
We can help you file your annual corporate tax returns and offer the following tax consultation services:
- Corporate tax computation
- Preparation of tax forms for corporate submission
- Preparation of Director’s or Auditor’s Report
- Preparation of Form C for submission
We can also help you with the filing of un/audited accounts and provide advice on tax planning.