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Corporate income tax up to 17% no capital gains tax no capital appreciation tax
Corporate income tax up to 17% no capital gains tax no capital appreciation tax
No foreign exchange control policy bank account income and expenditure free capital circulation free, conducive to trade
Tax residents enjoy preferential tax system, new companies enjoy tax relief
The inflation rate is basically stable, and the exchange rate of Singapore dollar remains balanced
Perfect legal system, strict supervision, more strict "Singapore secret law"
Set up account book according to customer's demand, bookkeep and prepare report by agent
Assist in the preparation and submission of tax returns to meet compliance requirements
Assist enterprises to improve the company's structure, identify opportunities for tax relief and reduce tax burden reasonably
Assist enterprises in Planning Shanghai steps to meet preferential policy conditions so as to submit application to government agencies
Assist in dealing with audit, review, questions and tax disputes of the Tax Bureau
According to the provisions of Singapore company law, companies established in Singapore need to keep accounts and relevant original vouchers for at least five years, so that the Singapore tax administration (IRAS) can implement comprehensive and real-time review and supervision, and the cost can be saved and efficiency can be improved through the bookkeeping of hongfu'an agent. The process of hongfu'an's account audit is as follows
The newly established Singapore company can obtain tax relief if it meets certain conditions in the first three years.
Report date: May 1 to November 30 of the following year
If the turnover is more than S $1 million, the company must be registered as a company subject to consumption tax
Reporting date: one month after the end of each quarter
The newly established Singapore company can obtain tax relief if it meets certain conditions in the first three years.
Report date: May 1 to November 30 of the following year
Tax resident companies enjoy the preferential treatment in the "DTA" signed by Singapore and other countries.
The following three types of overseas income of Singapore companies can be exempted from tax if the conditions are met
*Overseas dividend
*Profit of overseas branches
*Overseas service income (there must be a fixed place to provide services overseas)
The business scope of the company is not investment holding or developer; the number of shareholders of the company is no more than 20; the proportion of shares of at least one individual shareholder is no less than 10%
Profit before tax | credit line | tax payable | effective tax rate |
---|---|---|---|
0 -- $100,000 | 100% (100,000) | $0 | 0% |
$100,001 -- $300,000 | 50% (100,000) | $17,000 | 8.5% |
total $300,000 | $17,000 | 5.7% | |
Over $300000 | Levied at 17% |