{"id":2628,"date":"2020-06-08T06:17:33","date_gmt":"2020-06-08T06:17:33","guid":{"rendered":"https:\/\/www.one-visa.com\/?page_id=2628"},"modified":"2026-03-03T00:23:07","modified_gmt":"2026-03-02T16:23:07","slug":"%e3%82%b7%e3%83%b3%e3%82%ac%e3%83%9d%e3%83%bc%e3%83%ab%e3%81%ae%e7%a8%8e%e5%88%b6","status":"publish","type":"page","link":"https:\/\/www.one-visa.com\/ja\/singapore-visa-resources\/tax-system-in-singapore\/","title":{"rendered":"\u30b7\u30f3\u30ac\u30dd\u30fc\u30eb\u306e\u7a0e\u5236"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2628\" class=\"elementor elementor-2628\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-fe3d4e9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"fe3d4e9\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ff06509\" data-id=\"ff06509\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0820eb2 elementor-widget elementor-widget-heading\" data-id=\"0820eb2\" data-element_type=\"widget\" data-e-type=\"widget\" id=\"top\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"> Tax System in Singapore<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4fd60d8 elementor-share-buttons--view-icon elementor-share-buttons--skin-flat elementor-share-buttons--shape-circle elementor-grid-0 elementor-share-buttons--color-official elementor-widget elementor-widget-share-buttons\" data-id=\"4fd60d8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"share-buttons.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-grid\" role=\"list\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_facebook\" role=\"button\" tabindex=\"0\" aria-label=\"Share on facebook\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-facebook\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M504 256C504 119 393 8 256 8S8 119 8 256c0 123.78 90.69 226.38 209.25 245V327.69h-63V256h63v-54.64c0-62.15 37-96.48 93.67-96.48 27.14 0 55.52 4.84 55.52 4.84v61h-31.28c-30.8 0-40.41 19.12-40.41 38.73V256h68.78l-11 71.69h-57.78V501C413.31 482.38 504 379.78 504 256z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_twitter\" role=\"button\" tabindex=\"0\" aria-label=\"Share on twitter\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-twitter\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M459.37 151.716c.325 4.548.325 9.097.325 13.645 0 138.72-105.583 298.558-298.558 298.558-59.452 0-114.68-17.219-161.137-47.106 8.447.974 16.568 1.299 25.34 1.299 49.055 0 94.213-16.568 130.274-44.832-46.132-.975-84.792-31.188-98.112-72.772 6.498.974 12.995 1.624 19.818 1.624 9.421 0 18.843-1.3 27.614-3.573-48.081-9.747-84.143-51.98-84.143-102.985v-1.299c13.969 7.797 30.214 12.67 47.431 13.319-28.264-18.843-46.781-51.005-46.781-87.391 0-19.492 5.197-37.36 14.294-52.954 51.655 63.675 129.3 105.258 216.365 109.807-1.624-7.797-2.599-15.918-2.599-24.04 0-57.828 46.782-104.934 104.934-104.934 30.213 0 57.502 12.67 76.67 33.137 23.715-4.548 46.456-13.32 66.599-25.34-7.798 24.366-24.366 44.833-46.132 57.827 21.117-2.273 41.584-8.122 60.426-16.243-14.292 20.791-32.161 39.308-52.628 54.253z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_linkedin\" role=\"button\" tabindex=\"0\" aria-label=\"Share on linkedin\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-linkedin\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 32H31.9C14.3 32 0 46.5 0 64.3v383.4C0 465.5 14.3 480 31.9 480H416c17.6 0 32-14.5 32-32.3V64.3c0-17.8-14.4-32.3-32-32.3zM135.4 416H69V202.2h66.5V416zm-33.2-243c-21.3 0-38.5-17.3-38.5-38.5S80.9 96 102.2 96c21.2 0 38.5 17.3 38.5 38.5 0 21.3-17.2 38.5-38.5 38.5zm282.1 243h-66.4V312c0-24.8-.5-56.7-34.5-56.7-34.6 0-39.9 27-39.9 54.9V416h-66.4V202.2h63.7v29.2h.9c8.9-16.8 30.6-34.5 62.9-34.5 67.2 0 79.7 44.3 79.7 101.9V416z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8dc1d9d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8dc1d9d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-ac829e2\" data-id=\"ac829e2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-051f5d7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"051f5d7\" data-element_type=\"section\" data-e-type=\"section\" id=\"sticky-sidebar\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-f44d7de\" data-id=\"f44d7de\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-88c3583 elementor-widget elementor-widget-heading\" data-id=\"88c3583\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"> Tax System in Singapore<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b6edf79 elementor-widget elementor-widget-heading\" data-id=\"b6edf79\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Quick Links<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-41fb4af elementor-align-start elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"41fb4af\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"#id1\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-angle-right\" aria-hidden=\"true\"><\/i>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Pillars of Singapore Income Tax system<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-b768ec7\" data-id=\"b768ec7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-44a3b09 elementor-widget elementor-widget-text-editor\" data-id=\"44a3b09\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Singapore is a unique place where businesses and high-net-worth individual can benefit from the efficient tax regime in Singapore. In a snapshot, corporation can expect to pay a maximum of 17% income and an individual can expect to pay a maximum tax of 15% (unlike other countries where you have to pay as high at 40% for corporate and individual tax. With such tax regime, it encourages foreign businesses and entrepreneurs to set up their business in Singapore.<\/p><p><br \/>Additionally, Singapore is regard as the most business friend country in the world. The Singapore company registration process only takes 1-3 working days and on top of the low tax regime, you can expect to get a lot of grant reliefs and support as a foreign entrepreneur operating a start-up business. There is even no dividend, capital gain and inheritance tax in the republic.<\/p><p>You can see below to understand further on the Singapore tax system:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f5234cc elementor-widget elementor-widget-text-editor\" data-id=\"f5234cc\" data-element_type=\"widget\" data-e-type=\"widget\" id=\"1\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><a name=\"id1\"><\/a><\/p><h4><b>Pillars of Singapore Income Tax system<\/b><\/h4><ul><li>Income earned in Singapore by individual, partnerships or companies through trade or professional activity or business is subject to income tax in Singapore and may also be subject to overseas tax depending on the tax regime of the country you are dealing with overseas.<\/li><li><strong style=\"background-color: transparent;\">Territorial criterion<\/strong><span style=\"background-color: transparent;\">\u00a0is the basic principle of taxation in Singapore: if you are a tax-resident and the source of your income is in Singapore, this revenue is subject to the local taxes. However, in reality, this principle is quite complex as incomes earned overseas (such as dividends, revenues of the Branch Office, service revenues, and so on) can also be taxed in Singapore in some cases.<\/span><\/li><li>In determining the tax, not only the localisation of the source of the income matters but also its nature and the way it was transferred to Singapore. For example, if the foreign revenue wasn\u2019t brought to Singapore, it isn\u2019t subject to the corporate tax.<\/li><li>Corporate tax<strong>\u00a0in Singapore<\/strong>\u00a0is among the lowest on the world \u2013 17%. Such tax policy helps Singapore to attract crowds of\u00a0investors\u00a0and hold its status of the country (city) with the best investment potential (according to the <a href=\"https:\/\/country.eiu.com\/article.aspx?articleid=329431016&amp;Country=Singapore&amp;topic=Business&amp;subtopic=Business+environment&amp;subsubtopic=Rankings+overview\">BERI\u2019s report<\/a> in 2015). Another advantage of Singapore corporate taxation is its one-tier structure which means that after the corporate tax was paid, company\u2019s revenue is no longer subject to the dividend or capital gain taxes.<br \/>Additionally, new private limited companies can enjoy much lower rates: 0% tax rate for the first 100k SGD of net income and 8.5% rate for the next 200k SGD. Exemptions are also available: the company whose total income doesn\u2019t overpass 300k SGD gets exempted 75% of its first 10k SGD of income and 50% of the rest 290k SGD of income.<\/li><li><strong>Personal income tax\u00a0in Singapore<\/strong>\u00a0is imposed depending on the tax residence. Individuals-residents pay the tax at the rate that grows gradually along with their income: for example, you don\u2019t pay the tax at all for your first 20k SGD earned. Next 10k SGD will cost you 2%, another 10k SGD \u2013 3.5%, then 7% for the next 40k SGD and so on until your income reaches 320k SGD. Starting from this income, the tax is capped at 20%. The tax rate for the non-residents is flat 15%.<br \/>Tax residence differs from the country\u2019s residence. Even if you aren\u2019t the Singapore\u2019s citizen or a\u00a0<a href=\"https:\/\/www.one-visa.com\/services\/singapore-visa\/singapore-permanent-resident\/\">Singapore Permanent Resident<\/a>, you still can be Singapore\u2019s tax resident if you spend over 183 per year in the country. This also refers to\u00a0foreign employees\/directors\u00a0hired by Singaporean companies. If you work less than 183 days in Singapore, your income will be taxed as that of the non-resident. If you spend less than 60 days a year in Singapore, you are tax-exempt.<\/li><li><strong>Goods and Services Tax<\/strong>\u00a0(aka Value-Added Tax) is also among the lowest in the world \u2013 7%. It is imposed on goods and services that are imported to Singapore and offered inside it with such exemptions: financial services, property leasing and selling, and precious metals. Products and services Singapore exports are also tax-exempt (0% GST rate). Companies whose annual sales turnover exceeds 1 million SGD (or is expected to exceed soon) must get registered for paying the GST. They must add the value of this tax to the cost of their products and services and pay the difference to IRAS afterwards.<\/li><li>Special payments a company or a person makes to non-residents (rentals, interests, royalties, technical service fee and so on) are subject to the Singapore\u00a0<strong>withholding tax<\/strong>. Making the payment, you withhold a certain percentage of the amount and then submit this percentage to the IRAS as the withholding tax.<\/li><li><strong>Filing<\/strong>\u00a0for individuals and corporate bodies is different. For filing the personal tax, a traditional calendar year that starts on the January 1 is taken into account. Taxes for the previous calendar year must be filed no later than April 15. As for companies, every corporate body can decide for its own financial year. Tax returns must be filed until every November 30 for the financial year that ends in the preceding calendar year.<\/li><li>Singapore has signed treaties with over 70 countries that help Singapore-based businesses\u00a0<strong>avoid <\/strong><strong>double taxation<\/strong><strong>:<\/strong>\u00a0for example, a company that got dividends abroad pays a certain tax only once; the same tax isn\u2019t imposed in Singapore. If the country where you earned your profit doesn\u2019t have a double-tax agreement with Singapore, it is possible to ask the Singapore Ministry of Finance for the tax exemptions on a case-by-case basis or claim the foreign tax credit if the foreign tax is already paid.<\/li><li>Singapore doesn\u2019t impose a\u00a0<strong>capital gain tax<\/strong>, but a capital loss won\u2019t work as your tax deduction as well.<\/li><li><strong>Group Relief:<\/strong>\u00a0companies that are parts of one group can transfer their losses (or claim them) between each other, for example, one company that bears losses can pass its unutilised donations or unabsorbed allowances to another company of the group. This principle doesn\u2019t work for foreign-source losses and investment allowances. To qualify for this Relief, companies of one group must have synchronised accounting periods. Except the income taxes, Singapore has lots of other specific taxes for different kinds of situations:<\/li><li><strong>Property tax<\/strong>\u00a0must be paid by the owner based on the property\u2019s annual rental value. The tax will increase progressively depending on this value and on whether the owner occupies the property or not.<\/li><li><strong>Road Tax<\/strong>\u00a0(vehicle licence) must be paid by the owners of motor vehicles. This way the government controls road congestion. Owners are to undergo the road tax renewals every half a year or a year in order to be allowed to use their cars. There are also special fuel taxes (duties) for petrol and non-petrol vehicles which goal is to deter excessive usage of fuel that pollutes the air.<\/li><li><strong>Excise and Import Duties<\/strong>\u00a0are imposed on very few types of imported products such as tobacco, liquors, petrol, and motor vehicles. Singapore is famous for its \u201cfree\u201d port policy.<\/li><li><strong>Stamp Duty<\/strong>\u00a0is paid when legal or business documents concerning shares and real estate (transferring shares, lease agreements, mortgages, and so on) are issued.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-7c9c724 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7c9c724\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-4de67bb\" data-id=\"4de67bb\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f2cb7b8 elementor-widget elementor-widget-heading\" data-id=\"f2cb7b8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Get professional cross border tax advice from our team!<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f895848 elementor-widget elementor-widget-heading\" data-id=\"f895848\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">One Visa had helped thousands of professionals like \n                                                        you to move to Singapore\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8275bd1 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"8275bd1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md\" href=\"#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjEzOTAiLCJ0b2dnbGUiOmZhbHNlfQ%3D%3D\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\"> Get Free Assessment Today!<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c1c0d07 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c1c0d07\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1d757e5\" data-id=\"1d757e5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cdf47c2 elementor-widget elementor-widget-html\" data-id=\"cdf47c2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<style>\r\n  @media (min-width: 1024px) {\r\n    #sticky-sidebar {\r\n      position: sticky;\r\n      top: 0;\r\n    }\r\n    #sticky-sidebar .elementor-heading-title {\r\n      display: none;\r\n    }\r\n    #sticky-sidebar.active .elementor-heading-title {\r\n      display: block;\r\n    }\r\n    .admin-bar #sticky-sidebar {\r\n      position: sticky;\r\n      top: 32px;\r\n    }\r\n  }\r\n  .elementor-icon-list-item a.active .elementor-icon-list-text {\r\n    color: #af3231!important;\r\n  }\r\n<\/style>\r\n<script>\r\nfunction scrollMenu () {\r\n  var scrollOffset=50;\r\n  var $sidebar = jQuery('#sticky-sidebar');\r\n  var $links = jQuery('#sticky-sidebar .elementor-icon-list-item a');\r\n\r\n  var to = function (name) {\r\n    jQuery('html, body').animate({scrollTop: jQuery(\"a[name=\"+name+\"]\").offset().top+scrollOffset}, 300);\r\n  }\r\n  function throttle(func, wait, options) {\r\n    var context, args, result;\r\n    var timeout = null;\r\n    var previous = 0;\r\n    if (!options) options = {};\r\n    var later = function() {\r\n      previous = options.leading === false ? 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In a snapshot, corporation can expect to pay a maximum of 17% income and an individual can expect to pay a maximum tax of 15% (unlike other countries where you have to pay as high at 40% for corporate and individual tax. With such tax regime, it encourages foreign businesses and entrepreneurs to set up their business in Singapore. Additionally, Singapore is regard [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":2604,"parent":1286,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-2628","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.5 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tax System in Singapore &#187; One Visa Immigration Agency<\/title>\n<meta name=\"description\" content=\"Learn how Singapore\u2019s tax system works, including corporate tax, personal income tax and GST. 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