Introduction: Singapore, often referred to as the “Lion City,” offers numerous advantages that make it an attractive destination for businesses. Renowned for its strong economy, political stability, and pro-business environment, Singapore provides a strategic gateway to the thriving markets of Asia and beyond. It is also the preferred seat of arbitration by global leaders. This … Read more
Overview Income tax Singapore Singapore follows a territorial system of taxation. Additionally, it’s worth noting that Income Tax in Singapore also provides for certain tax incentives and schemes, accordingly businesses and individuals may be eligible for lower effective tax rates. Singapore has an extensive tax treaty network, which provides relief from double taxation for income … Read more
Singapore Capital Gains Tax Rate on transfer of shares of an Indian company, need to be evaluated under the provisions of the Income-Tax Act 1961, and the India Singapore Treaty . Singapore Capital Gains Tax shall depend on the following factors : – Nature of instrument – Equity shares or Compulsorily Convertible Debentures or Compulsorily … Read more