To fully understand and utilize this structure, we offer various services along with advices and possible action whenever you need.

• Preparation of Form IR8A/IR21 for employees
• Preparation and filing of income tax return & Determination of possible deductions and reliefs
• Tax planning

How you run your business might impact your taxes. By having an effective tax planning closely linked with your financial plan, you can improve cash flow, maintain financial health as well as your goal are partly guaranty.

Based on your business plan, we consult you about the tax might arise and plan the tax-efficient transactions along with effective financial plan for your business.

Individual’s Tax
Income tax rates depend on an individual’s tax residency status. You will be treated as a tax resident for a particular Year of Assessment (YA) if you are a:

1. Singapore Citizen (SC) or Singapore Permanent Resident (SPR) who resides in Singapore except for temporary absences; or
2. Foreigner who has stayed / worked in Singapore (excludes director of a company) for 183 days or more in the year preceding the YA.

Otherwise, you will be treated as a non-resident of Singapore for tax purposes.

For more information about the Singapore Corporate Tax Regulation, you can visit the Singapore Inland Revenue Authority of Singapore.