Corporate Taxation
A corporation is generally liable for Singapore income tax on all income accruing in, or derived from Singapore, as well as foreign sourced income remitted or deemed remitted into the country.
Tax Return and Compliance
Each year, the taxpayer must file a return together with the audited accounts required under the Companies Act to the Inland Revenue Authority of Singapore (IRAS) by 30 November (paper-filing) or 15 December (electronic filing) of the YA.
An Estimated Chargeable Income (ECI) is to be filed within three months from the end of the financial period.
With an attempt to reduce the compliance cost on business, effective from YA 2017, companies with annual revenue of $5,000,000 or below are qualified for filing of Form C-S.
Click here to download the Doing Business in Singapore 2023 guide
This website uses cookies.
Some of these cookies are necessary, while others help us analyse our traffic, serve advertising and deliver customised experiences for you.
For more information on the cookies we use, please refer to our Privacy Policy.
This website cannot function properly without these cookies.
Analytical cookies help us enhance our website by collecting information on its usage.