Singapore tax rates are known for its competitiveness. However, are you maximising your tax savings
with the opportunities available to you?
Tax planning should be an integral part of managing every business and your personal finances. Tax is
an ever-present cost that needs to be minimized in order to maximize the level of earnings. With
proper tax planning strategy by identifying opportunities for tax savings, the tax that you and your
business paid can be optimized. These can translate into substantial savings in the long run.
In Singapore, a business can be structured into the following forms:
- Sole proprietorship;
- Limited partnership; and
- Limited liability partnership
Different business forms are eligible to different tax rates, reliefs, rules and exemptions. For example:
Companies are entitled to tax exemptions such as start-up tax exemption/partial tax exemption, while
Individuals are taxed at progressive tax rates and entitled to relief such as earned income relief. By
having a deep understanding of these different tax rules, you will be able to optimize your tax
However, as tax rules are ever changing and can be complicated, we at Margin Wheeler are here to
help you with your tax planning activities.
Not sure if tax planning is applicable to you? Just drop us the required documents and we will do a
free analysis for you. We will only charge for our tax planning services if tax planning is applicable to
you and your businesses
- Your Personal’s latest Notice of Assessment
- Your Company’s / Companies’ latest Notice of Assessment
- Your Company’s / Companies’ latest management accounts
- Your Companies’ Group Structure (if applicable)
Engage Our Service
Let us help you with your Company Taxation preparation.
Our Tax Planning Services starts from just S$300/year.
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Case-by-Case Basis - Let's talk!
Compliance with Local Laws
Why do you need a Corporate Secretary?
Section 171 of the Singapore Companies Act, Chapter 50 requires ALL Singapore Companies to appoint a Singapore Company Secretary to handle on-going statutory compliance matters.