OK LA YA LA YA LOR
LIVING IN SINGAPORE
Singapore has one of the lowest corporate tax in the world. That's why many big MNC love to come to Singapore to setup branches/ hub or shift their headquarters over here. The corporate tax has been decrease since 2000s. From 2010 onward, tax rate is 17%! That's cheap! There's even tax exemption for companies! Example for a company with S$800K chargeable income: ' target='_blank'> Tax exemption/ rebate extracted from IRAS. That's saving of S$59,000 (US$41,000) for new start up in Year of Assessment 2017 ! ! !
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LIM Jun LongThis is LIM Jun Long's website on lifestyle for expatriate in Singapore . |