Rikvin Offers Singapore Corporate Tax Filing Services
A part of the reason why companies are subject to auditing is their annual obligation to file corporate tax with IRAS in
Singapore.
Singapore is among the few economies to have maintained a relatively...
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Rikvin Offers Singapore Corporate Tax Filing Services
A part of the reason why companies are subject to auditing is their annual obligation to file corporate tax with IRAS in
Singapore.
Singapore is among the few economies to have maintained a relatively low taxation rates on a corporate
and personal level in Asia Pacific.
For newly registered private limited companies that become a tax resident, tax exemption awaits them for the first
three years.
“The first S$100,000 revenues are tax free, while the next S$200,000 is halved by 50%,” chimes Rikvin’s business
consultant, “and for revenues starting S$300,000 and up, a mere 17% tax is levied upon it.
”
Rikvin is a business solutions creator in Singapore.
Among other things, it bestows corporate tax filing services for all
registered companies.
For companies to qualify for tax exemptions, they must satisfy certain requirements.
“A company must be a tax resident for that year of assessment, has no more than 20 shareholders throughout
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