Our team takes time to develop a thorough understanding of your business, personal circumstances and plans to provide the best solution to minimize your tax liabilities.
Our proactive tax team offers tax-efficient solutions that span all areas of corporate tax. Our clients appreciate that we base all areas of our advice on a thorough understanding of their businesses and personal objectives.
We offer a full range of cross-border tax services, from transfer pricing and cross-border transactions, to large corporates, entrepreneurial companies and internationally mobile high net-worth investors.
THE BUSINESS SUPERAPP
A company needs to file an estimated chargeable income 3 months after the company’s year end. The final tax computation is to be filed by the 30th of November the following year after the end of the company’s financial year end.
Some common tax reliefs for companies to help reduce their tax are:
– Tax exemption schemes for new start-up companies;
– Partial tax exemption for all companies; and
– Deduction of expenses incurred before commencement of business.
A person must register for GST if his taxable suppliers for the last 12 months exceeded S$1million or if he expects to make taxable supplies exceeding S$1million in the next 12 months. However, a person may apply for GST registration on a voluntary basis even if his taxable supplies are not expected to exceed S$1million.
Notwithstanding that there is an obligation to register for GST, the person may apply for exemption from GST registration if he is making wholly or substantially zero-rated supplies.
The Singapore government offers multinational companies and investors a variety of tax incentives. These include:
Financial sector incentives
Marine sector incentives
Global Trader Program
Receive peace of mind with a dedicated team that has your business’ best interests at heart.