Calculating taxable turnover for GST registration
In Singapore, Goods and Services Tax (GST) registration is compulsory for a person or corporation that has a total taxable turnover exceeding S$1 million and fulfills one of three views:…
In Singapore, Goods and Services Tax (GST) registration is compulsory for a person or corporation that has a total taxable turnover exceeding S$1 million and fulfills one of three views:…
All Singapore-incorporated companies must have their financial statements filed with the Accounting and Corporate Regulatory Authority (ACRA) of Singapore. However, not all must have the statements audited. If a company…
The estimated chargeable income (ECI) covered in this article is applicable to companies only. Since 2020, it has become compulsory for all companies to e-file ECI, including new companies. However,…
There are two types of statuses in corporate tax terms for businesses in Singapore. One is Resident and another is Non-Resident. We discuss this topic in greater detail. What is…
All business entities in Singapore, whether local or foreign, are liable to pay corporate income tax. Aside from this, there are a few types of taxes which may affect the…
We touched on the various taxes which can affect the taxable income of a business as well as taxes which can affect operating cost in an earlier article (Types of…
The tax residency certificate in Singapore is called a Certificate of Residence or COR. It is a letter which certifies a company as a tax resident, allowing the company to…
A Tax Reclaim Form is a form that is issued by a tax treaty partner of the Double Taxation Agreement (DTA) signed between the Singapore government with a number of…
Read about stamp duty for shares and who should pay stamp duty in Types of Taxes to be Aware of in Singapore. This article is specifically about stamp duty affecting…
A company in Singapore has to follow filing requirements even when it is dormant for a certain period of time. In this article, we discuss the definition of a ‘dormant…