Our collection of resources based on what we have learned on the ground
Singapore is globally renowned for its competitive tax structure. The country imposes a flat rate of 17 percent corporate income tax (CIT) – lowest among the ASEAN member states.
The single-tier corporate tax system reduces compliance costs for businesses.
Added to that, certain withholding tax exemptions, tax rebates and incentives as well as several tax schemes for startups and newly established corporations make Singapore a competitive investment market for foreign businesses.
For more information on corporate taxation in Singapore, click here.
To contact our taxation expert, click here.
< BACK TO LIBRARY
Subscribe to receive latest insights directly to your inboxSubscribe Now