Taxation of Investment Funds in Singapore

Taxation of Investment Funds in Singapore

Singapore is an attractive location for basing funds in the Asia Pacific Region as well as for fund managers. The ease of doing business in the city-state, along with the favorable taxation of investment funds in Singapore are among the top reasons why the fund management industry has been developing…
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Singapore – Latvia DTA Amendment Entered into Force

Singapore – Latvia DTA Amendment Entered into Force

The Second Protocol to the Singapore-Latvia double taxation agreement entered into force in August. The changes included in this second protocol target a reduced withholding tax rate as well as other beneficial provisions and aim to encourage economic cooperation between the two countries. Table of ContentsChanges in the taxation principles…
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Taxation of Branches in Singapore

Taxation of Branches in Singapore

Branches in Singapore are considered non-residents for tax purposes and they are not treated as a separate legal entity from the parent company abroad. Table of ContentsBranch taxation in SingaporeThe status of a branch in Singapore The taxation of branches in Singapore is performed according to the local corporate income…
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Corporate Tax in Singapore

Corporate Tax in Singapore

Singapore is frequently quoted as the primary example of countries that continues to diminish corporate income tax rates and introduce several tax incentives in order to attract foreign investments. The corporate income tax amount has been fixed at 17% since 2010 and it is planned on the basis of the…
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Bookkeeping Services in Singapore

Bookkeeping Services in Singapore

Bookkeeping services are those activities related to recording, maintaining and updating all of the company’s financial transactions. They include the performed purchases, sales, payments and all of the receipts of a corporation or a sole trader.   Table of ContentsBookkeeping in Singapore  Bookkeeping legislation in Singapore Advantages of outsourcing your bookkeeping…
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