Have Any Questions?
+65-86085740
Email Us
contact@accountsavvy.sg
+65-86085740
contact@accountsavvy.sg
+65-86085740
contact@accountsavvy.sg
411 University St, Seattle
Tax planning in Singapore implies finding a suitable way of reducing tax liability in a legal manner. Luckily, the Inland Revenue Authority in Singapore (IRAS) provides various tax exemptions that can be used as efficient tax optimization tools and thus obtain numerous benefits. To these, there is also the fact that Singapore is deemed as one of the most important financial hubs in Southeast Asia and offers increased confidence to all investors coming here.
Our accounting firm in Singapore is at the service of foreign and local investors with numerous services, including assistance in obtaining tax benefits in the city-state.
One of the simplest ways to ensure an effective tax planning in Singapore as a business owner or natural person is to make sure you pay your taxes on time. Filing income statements in due time is the first step to avoiding penalties and that can also lead to obtaining various deductions.
If you are not sure when taxes must be filed, working with an accounting firm in Singapore can be a great solution. Apart from being updated on all accounting requirements and all changes in the law, it is also a great support for those who have just started a business. Non-residents can also benefit from the assistance of an accountant who will notify them on the due dates of filing their tax returns.
Tax planning does not cover tax minimization only, especially in a state like Singapore where the government offers so many incentives to both natural persons and companies.