Handling corporate taxes can be intricate, but it doesn’t have to be overwhelming. No matter the size of your business, our team is dedicated to streamlining your tax responsibilities so you can concentrate on the essential task of expanding your company. Allow us to outline the ways in which our expertise can be of assistance:

• Goods and Services Tax (GST): The Goods and Services Tax is applicable to a wide range of goods and services in Singapore, and the current rate stands at 8%. Given the anticipated rise to 9% in 2024, it is crucial to stay proactive in order to navigate these upcoming adjustments. We will assist you in maintaining full compliance with the most up-to-date regulations, ensuring that you are always well-prepared and never taken by surprise by new tax rules.

• Transfer Pricing: It is essential to showcase the fairness and impartiality of transactions when your business sells goods or services to related parties. Ensuring the proper preparation and maintenance of transfer pricing documentation is crucial in order to avoid any potential complications with tax authorities. Our team of experienced professionals will provide you with guidance throughout the entire process, ensuring that all of your documentation is in order and kept current.

• Tax Deduction: Withholding tax for non-resident businesses earning income from Singapore can be complex, as the rates can vary from 10% to 17%. Our team is highly experienced in assisting non-resident clients with their obligations, guaranteeing that all requirements are fulfilled and preventing any potential penalties for your business.

• Corporate Tax Filing: Every company in Singapore must submit an annual corporate tax return to the Inland Revenue Authority of Singapore (IRAS). The deadline for submitting audited or unaudited accounts is usually November 30th annually. We will take care of the entire filing process, making sure that your accounts are accurate and submitting your returns on time. This will allow you to concentrate on your business and stay compliant with local tax laws.

• Personal Income Tax Filing: Singapore follows a progressive personal tax rate structure, where the tax rate increases as your income rises. The deadline for filing personal income tax returns is April 15th. Filing can be made easier with expert guidance, and we are here to assist you in understanding your obligations and submitting your returns promptly and without any hassle.

What Sets Us Apart?

We are not just tax advisors, but rather your trusted partners in ensuring the seamless and effective operation of your business. With our professional expertise, you’ll gain the following advantages:

– Stay ahead of tax changes and deadlines with our proactive tax planning services. Our goal is to minimize risks and maximize tax efficiency for your business.

– Extensive Solutions: We offer a wide array of services that cater to your business requirements, including GST, corporate tax, and personal tax filing.

– Assurance: Our team will handle your tax compliance, allowing you to concentrate on your core business activities.

Let’s Collaborate

Efficiently managing corporate tax obligations can be made easier. Whether you need assistance with ongoing tax advice or specific filings, we are here to alleviate the weight on your shoulders. Contact us today to explore how our services can assist your business in maintaining compliance, all while reducing your workload and alleviating any unnecessary pressure.