Branches in Singapore are considered non-residents for tax purposes and they are not treated as a separate legal entity from the parent company abroad.
The double taxation agreement (DTA) between Singapore and Cambodia entered into force at the end of December 2017.
Dividends may be paid in cash or in kind and their taxation is regulated by the Inland Revenue Authority.
Business owners can avoid tax penalties in Singapore by observing the legal provisions of the Singapore Income Tax Act.
The sole trader or self-employed individual enjoys the lightest taxation and reporting regime out of all the possible types of legal entities in Singapore.
Businesses in Singapore that are registered to pay the goods and services tax (GST) must observe the fixed deadlines for payment.
Company owners in Singapore are required to observe the ongoing provisions of the Financial Reporting Standards, according to their type of legal entity.
The taxation of a sole trader in Singapore applies on the income derived from the business, trade or professional activities undertaken by the self-employed individual.
The limited liability company (LLC) is one of the preferred forms of doing business in Singapore. It offers many advantages, from a convenient degree of liability for founders to certain tax exemptions or incentives.
With our accounting firm in Singapore, we treat every client’s financial business as if it was our own. We take pride in fully comprehending your financial aspirations and objectives, as we work alongside with our clients to ens...