Taxation
Singapore’s tax regime is well-known for its attractive corporate and personal tax rates, tax relief measures, absence of capital gains tax, one-tier tax system, and extensive double tax treaties. Corporate Tax Compliance in Singapore has become more complex under the regulatory scrutiny of the Inland Revenue Authority of Singapore. We are here to assist you in tax planning to achieve the most favourable tax position without compromising the integrity and compliance.
Why outsource your taxation works?
- Expert Guidance: Tax professionals are well-versed in local and international tax laws, ensuring that businesses comply with all applicable regulations and are able to navigate complex tax scenarios effectively.
- Tax Optimization: Professional tax services help businesses identify legal opportunities to minimize tax liabilities and optimize their tax positions, which can result in significant savings.
- Error Reduction: Tax professionals reduce the likelihood of errors in tax filings, which can prevent costly penalties and interest from being assessed by tax authorities.
- Representation with Authorities: Tax professionals can represent your business in dealings with tax authorities, including audits, disputes, and negotiations, providing expertise and support in these critical interactions.
- Keeping Up with Changes: Tax laws change frequently, and professional tax services ensure that businesses remain compliant with the latest rules and regulations.
Our Taxation Services includes
- Corporate Income Tax
- ECI (Estimated Chargeable Income) calculations
- Preparation of final tax computations
- Filing of tax returns (Form C and Form CS)
- Assist to reply queries raised by the Inland Revenue Authority of Singapore (IRAS)
- Assist with tax audits and investigations initiated by the IRAS
- Goods and Services Tax (GST)
- GST consultation
- Apply for GST registration/exemption from GST registration or de-registration
- Prepare, review and e-file of GST returns
- Assist with replies to GST queries raised by the Inland Revenue Authority of Singapore (IRAS)
- Advice on GST treatment of day-to-day business transactions
- Personal Income Tax
- Prepare, review and file Singapore individual income tax computations and returns to maximize your rightful benefits and claims under the existing tax legislations
- Perform a tax review of past returns and to recommend and assist in risk mitigating actions
- Assist in queries raised by the IRAS, voluntary disclosures of errors, tax audits and investigations
- Apply for tax incentives/rulings
- Advice on personal tax planning