New Double Tax Treaty between Singapore and Nigeria

August 17,2017

Singapore and Nigeria signed a double tax treaty at the beginning of August. This is the first treaty of this type with Nigeria, and Singapore has already signed bilateral investment treaties with other African countries. If you are a foreign investor, an accountant in Singapore can give you comprehensive information about the tax treaties that apply in this jurisdiction.

The Productivity and Innovation Credit Scheme

July 20,2017

Singapore offers a number of incentives and grants to companies. The productivity and innovation credit scheme is an example of such an initiative to encourage businesses to invest in certain areas. 

Singapore and China to Conclude a Free Trade Agreement

July 07,2017

Chinese and Singapore officials have agreed to speed up the conclusion of the Regional Comprehensive Economic Partnership (RCEP).

Amendment to the Singapore-Latvia Double Tax Treaty

May 03,2017
Singapore and Latvia have agreed on an amendment to the double tax treaty already in force between them. According to the new Protocol, the withholding tax on royalties would be lower and the withholding tax on dividends will usually by capped at a fixed value. An accountant in Singapore can give you specific details on how your business will be taxed if you are a Latvian investor in Singapore.

New Double Tax Treaty Between Singapore and Ghana

April 14,2017
Singapore and Ghana have signed a Convention for the avoidance of double taxation at the end of March. This allows for reduced withholding tax rates and establishes a single point of taxation for cross-border business activities. Our accountants in Singapore are able to provide you with detailed information. 

Reduced Stamp Duty Tax on Speculative Property Investment in Singapore

March 24,2017
Singapore reduced the stamp duty tax rates imposed on those properties which were being sold a short time after they were purchased. Investors who are interested in real estate transactions can talk to an accountant in Singapore to find out more about the taxes that apply when buying and/or selling properties.

Why Outsource Bookkeeping Services?

March 15,2017
Even though doing it yourself could seem like the cheaper option, outsourcing the bookkeeping services for your business might pay off in the long run. Here is why in our accountants’ in Singapore experience.

Advice on How to Get Paid in Time by Your Clients

March 14,2017
An accountant in Singapore knows that getting your clients to pay you on time can sometimes be a hassle. In order to maintain a steady cash flow into your business, it is important to know different methods on how to get paid in time by your clients.

Tax Changes in the New Budget

March 10,2017
Singapore’s Budget for 2017 includes a series of tax changes, including for some international taxes. 

The Tax Treatment for Goods and Services in the Biomedical Industry

December 01,2016
A new guideline on the tax treatment of goods and services in the biomedical industry was released mid-November by the Singapore Inland Revenue Authority.