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Posted by Prajakta on May 21, 2024 at 9:53am 0 Comments 0 Likes
In Singapore, the current corporate tax rate stands flat at 17% and the tax rate imposed on personal income ranges from 0% to 22%. These rates are indeed appealing to many foreign workers and investors since they are relatively low when compared to other jurisdictions. But there are more!
The actual tax paid can be much lower due to a significant number of favorable tax schemes and incentives.
Learn more here: https://bbcincorp.sg/business-guide/how-to-reduce-income-tax-in-singapore
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Albums: Taxation in Singapore
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