Category Singapore

Classification of Foreign Entities for Singapore Income Tax Purposes For overseas‑incorporated entities engaging with Singapore operations, correctly classifying your foreign entity under Singapore tax rules is essential. This guide walks you through how IRAS determines whether a foreign entity is…

Does your business recover expenses from a third party? For GST‑registered businesses operating in Singapore, recovering expenses from a third party can raise tricky questions about whether GST needs to be charged. This guide breaks down how to determine whether the…

💼 Smart Tax Planning: How Licensed Professionals Help You Save More Singapore, October 2025 — Effective tax planning isn’t about avoiding tax — it’s about optimizing what you pay within the law. With Singapore’s evolving tax landscape and stricter compliance…

Digital Collaboration for Businesses & Employers: Seamless Tax Filing with #SFFS Introduction IRAS is enabling a smoother, more accurate tax filing experience through its #SeamlessFilingFromSoftware (#SFFS) initiative. Under this scheme, businesses and employers can submit tax returns and employment data…

Stamp Duty Relief: Transfer of Assets Between Associated Entities Introduction When companies move assets like shares or property within a group, stamp duty usually applies. This can make corporate restructuring costly. To ease the burden, IRAS provides stamp duty relief…

Introduction In your GST accounting, deposits and down payments often raise questions: When can you claim the input tax? What conditions must be met? This article walks you through the common scenarios, IRAS’ rules, and best practices. Key Principle: Claim…

Resident vs Non-Resident Company in Singapore – Pros and Cons Explained Introduction When setting up a business in Singapore, one of the key considerations is whether your company will be treated as a resident company or a non-resident company. This…