Tax planning in Singapore is straightforward when compared to most jurisdictions. Singapore is a low-tax jurisdiction with simple tax laws. Please refer to the information below for more information on Healy Consultants' Singapore tax planning services and how our Singapore tax consultants can assist your business:

When undertaking tax planning in Singapore, it is important to note that taxes are only levied on income earned in Singapore provided the income is not remitted back into Singapore. Refer to the Inland Revenue Authority of Singapore website for more information.

Healy Consultants' Singapore tax consultants offer comprehensive tax planning in Singapore through our Singapore tax planning services that are tailored to meet your precise tax needs.

Unlike many corporate services providers, Healy Consultants takes a global approach to our Singapore tax planning services. Our Singapore tax consultants think 'outside the box' to provide a creative solution. Our international tax professionals provide the best Singapore tax planning services to organisations of all sizes.

The first S$200,000 (US$130,000) net profits are fully tax-exempt on all Singapore companies for the first three years of trading. Our Singapore tax consultants can provide more information if required, or refer to the Inland Revenue Authority of Singapore website.

Personal income tax rates in Singapore average 9%.

Singapore levies a 7% Goods and Services Tax (GST) in lieu of value added tax (VAT) and import duty. However, Singapore company sales to international customers are GST-free. Our Singapore tax consultants can provide more information if required, or refer to Inland Revenue Authority website.

There are neither capital gains nor gifts taxes nor estate taxes levied in Singapore.

According to the Inland Revenue Authority of Singapore (IRAS), Singapore has signed double taxation treaties with more than 50 countries. For more information to assist your tax planning in Singapore, refer to this webpage.

In some instances, a Singapore company may be liable to pay income tax even if Singapore has signed a treaty with the jurisdiction in question. In this case, the tax rate depends on the terms of the treaty, and may be reduced through tax credits. Our Singapore tax consultants can provide further information.

Healy Consultants' tailored advice makes us the Singapore tax consultants of choice. Our Singapore tax planning services help you optimise your tax planning in Singapore. Healy Consultants' Singapore tax planning services include:

Singapore company formation - Healy Consultants' Singapore tax consultants can advise on all aspects of tax planning in Singapore regarding Singapore company formation. Singapore company formation is one of Healy Consultants' core Singapore tax planning services. A properly-structured Singapore company is a tax-efficient corporate vehicle through which international business can be conducted and is a legal way to protect global assets;

Singapore Trusts and Foundations - Healy Consultants' Singapore tax consultants can advise on all tax-related aspects of Singapore Trusts and Foundations. A Singapore trust is one of Healy Consultants' Singapore tax planning services and is another effective tool for tax planning in Singapore. It is an ideal way for entrepreneurs and high net worth investors to legally minimise their international tax exposure and optimise asset protection;

Singapore corporate bank accounts - a fundamental part of Healy Consultants' Singapore tax planning services portfolio. Healy Consultants' Singapore tax consultants can advise on all tax-related aspects of opening a Singapore, or international, corporate bank account. Our assistance in opening corporate bank accounts for our clients without them traveling to visit the bank makes us the leading Singapore tax consultants. We can assist you to open a Singapore corporate bank account with leading international banks in the jurisdiction of your choice, with tax advantages in mind for your tax planning in Singapore;

Mergers and Acquisitions (M&A) - Healy Consultants' Singapore tax consultants can advise on all tax-related aspects of mergers and acquisitions. Singapore tax planning services provide invaluable advice on drawing up an M&A roadmap and developing a tax-efficient structure going forward;

International tax legislation - Healy Consultants' Singapore tax consultants can advise on all tax-related aspects of international legislation. A key aspect of Healy Consultants' Singapore tax planning services lies in keeping our clients informed of regulatory changes before they can have any negative impact. Our Singapore tax consultants keep abreast of international tax legislation, informing our clients of regulatory changes before they can have any negative impact;

Double Taxation Treaties - Healy Consultants' Singapore tax consultants can advise on all tax-related aspects of double taxation agreements which Singapore has signed with more than 50 countries as this is part of our Singapore tax planning services offered;

Singapore Corporate and Singapore income tax advice - Healy Consultants' Singapore tax consultants can advise on the latest corporate and income tax rates in Singapore. As one of the top Singapore tax consultants, we assist clients to prepare and submit Singapore corporation tax computations and Singapore tax returns to the relevant tax authorities, including the Inland Revenue Authority of Singapore (IRAS) which are all important parts of tax planning in Singapore;

Goods and Services Tax (GST) and Value Added Tax (VAT) registration - Healy Consultants' Singapore tax consultants can assist clients with this service for their tax planning in Singapore. This Singapore tax planning service is available to our clients in any jurisdiction in which they operate.

For more information on tax planning in Singapore, email email@healyconsultants.com or call us in Singapore at (+65) 6735 0120.