Rikvin Handles Singapore Tax Planning Services

Rikvin Handles Singapore Tax Planning Services Tax planning in Singapore is straightforward compared to most jurisdictions, since tax laws are simple and pro-business. Most tax planning involves the structuring of employment arrangement to take advantage... More

Rikvin Handles Singapore Tax Planning Services Tax planning in Singapore is straightforward compared to most jurisdictions, since tax laws are simple and pro-business. Most tax planning involves the structuring of employment arrangement to take advantage of various tax concessions such as area representative status and Not Ordinarily Resident (NOR) status, particularly if the employee is required to travel substantially in the course of discharging his employment duties. Rikvin explains that with proper implementation and control, certain benefits can be provided to an employee in a tax advantageous or even tax-free manner. The cost of providing such benefits may still be tax deductible to the employer even if the benefits are tax-free on the employee. Some of the benefits of effective international, or offshore, tax planning can include: • Legally minimizing international tax liabilities • Protecting business, and personal, assets • Taking advantage of double taxation treaties bet Less