The Entrepass allows eligible foreigners to start and operate a business in Singapore. Read on to understand who is eligible for the Entrepass and how to go about applying for it. Entrepass Overview Who is it for Eligible foreign entrepreneurs who want to start and operate a business in Singapore Minimum Salary No stipulated [...]
Foreigners who bought and own properties in Singapore may earn income from renting or selling their properties. As such, they need to be aware of property-related income taxes for foreigners with property in Singapore. Rental Income From Properties As a foreigner, you are liable to pay income tax on the rental income earned from [...]
In order to propel further economic growth and to attract foreign investments, the Singapore government takes measures to keep Singapore business-friendly. One important aspect is the very attractive corporate tax rate on businesses in Singapore. Tax Residency And Taxable Income Companies (resident and non-resident) that carry on a business are taxed on their corporate [...]
All income earned in Singapore is subjected to tax. The amount to be tax will differ depending on your status as a tax resident or non-resident. This article gives you an overview of the Singapore personal income tax rate for foreigners. You will be considered as a tax resident if you have stayed or work [...]
According to the Inland Revenue Authority of Singapore, foreigners (Individuals) staying and working in Singapore are required to pay tax. Your tax liability will depend on your tax residency status. Here is a simple guide to Singapore personal income tax for foreigners. Period Of Stay (Inclusive Of Work) In Singapore Tax Residency Status 183 [...]