Tax Compliance in Singapore has become more complex and challenging under the regulatory scrutiny of the Inland Revenue Authority of Singapore (IRAS). You will need to ensure that all returns are properly prepared and submitted to the regulatory authorities on time.
Our experienced tax specialist team is committed to assist businesses in fulfilling their tax compliance obligations and provide knowledge of current and emerging regulatory requirements while identifying company tax risks and tax planning opportunities that may arise.
Our broad spectrum of Singapore tax services includes:-
Corporate Tax Compliance and Advisory
- Furnishing the Estimated Chargeable Income (“ECI”) and revenue figures to the IRAS
- Preparing and filing company income tax returns and tax computations to the IRAS
- Identifying and highlighting key tax issues and tax implication arising from the review of the information and documentation provided
- Reviewing the Comptroller's income tax computation, Notices of Assessment and lodging the appropriate objection if necessary, and in attending to the Comptroller's queries
- Working closely with the company in responding to queries raised by the IRAS
- Assisting clients with tax investigation and / or tax audit issues
- Representing clients on tax objections and disputes
- Assisting clients to voluntarily disclose error / negligence to the IRAS
Personal Tax Compliance and Advisory
- Preparing and filing of personal income tax returns and computations for individuals
- Identify the potential tax deductions and personal tax reliefs that are eligible for individuals
- Advice on the taxability of income received
- Assisting client in attending to queries from IRAS
- Personal tax planning and advisory
Goods and Services Tax (GST)
- Preparing and e-filing of GST returns
- Assisting client in applying for compulsory or voluntary GST registration
- Assisting client in applying for exemption from GST registration
- Working closely with the company in responding to GST queries raised by the IRAS
- Assisting clients with GST investigation and / or tax audit issues
- Representing clients on tax objections and disputes
- Assisting clients to voluntarily disclose error / negligence to the IRAS
- Advice on GST implications involving new business arrangements and cross-border transactions
Corporate Tax Advisory
- Reviewing corporate tax matters for due diligence purposes
- Identify and pursue opportunities for Singapore tax incentives and reliefs to maximise
economic returns - Assisting clients with corporate tax planning locally and internationally to maximise tax
efficiencies - Explore the applicability of relevant tax treaties in cross-border tax planning
- Review contractual agreements to enhance tax risk management and to minimise any
unfavourable terms
Withholding Tax
- Examine Singapore and cross-border withholding tax and permanent establishment issues and assisting clients in fulfilling the Singapore withholding tax compliance
- Assisting clients with application of Certificate of Residence for claiming the tax benefits under
the relevant tax treaty
Cross Border Transaction Services
We offer advisory services on a range of cross-border taxation matters including but not limited to taxes on overseas income, taxation of permanent establishments on a foreign country, and so on.
Transfer Pricing
- Build, manage, document, review and defend your transfer pricing policies and process - aligning them with your business strategy
- Preparing contemporaneous documentation in fulfilling the Singapore transfer pricing requirements
Why You Need Professional Tax Consultancy
- Helps you strategise to minimise taxes
- Saves you costly mistakes
- Keeps you updated with the ever-changing tax laws