TAX ADVISORY SERVICES IN SINGAPORE

Maintain compliance, mitigate risk, and maximise tax breaks with a local expert

Tax compliance is far more than just a box-ticking exercise. It is the building block of organisational credibility and reliability. Our Singapore tax advisory services can help you drive long-term success for your business by ensuring compliance with local regulations while maximising your tax incentives and benefits. As a leading provider of corporate tax services, BoardRoom supports organisations through every step of their compliance journey.

Expert tax advisory for APAC businesses

BoardRoom’s team of experienced professionals is here to help you navigate the complex tax regulations in Singapore. We are not only well-versed in Singapore’s local tax rules, but also have in-depth knowledge of regional and global tax laws. We help hundreds of companies across the Asia-Pacific region to meet their tax filing and payment obligations each financial year.

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Discover our tax filing and advisory services in Singapore, across Asia-Pacific, and worldwide

As Singapore’s top company tax consulting partner, we can help with corporate tax compliance, company tax filing, income tax filing, tax return, GST registration, and more.

Whether you are a large-scale multinational or a fast-growing SME, our business tax consulting services ensure you stay compliant while paying less tax and setting your business up for long-term success.

Why outsource your tax?

Complex tax regulations and cross-border tax issues divert time and resources away from your core business focus. Outsourcing critical business functions, such as tax, payroll, and accounting, gives your team more time to focus on what matters: growing your business. Choosing the right tax consulting and filing service can also protect your business from penalties while enhancing operational efficiency.

Our team of experienced tax professionals can help you to:

01

Minimise the risk of financial penalties for non-compliance

Access specialist knowledge across multiple Asia-Pacific jurisdictions to maintain strict local and cross-border compliance through our robust tax compliance services.

02

Save time and money

Reduce administrative burden and lower employee overheads while increasing company tax benefits and incentives. Working with a reputable corporate tax services provider like BoardRoom gives you a competitive edge.

03

Gain peace of mind

Know with certainty that you are meeting deadlines and requirements without risk of non-compliance by collaborating with trusted tax services professionals in Singapore.

Our Singapore tax services

Built on over 50 years of experience working with companies of all sizes across multiple industries, BoardRoom has become one of the most trusted names in tax advisory in Singapore. With a personalised solution for each business, we offer a full spectrum of company tax consulting and filing services for businesses operating in Singapore and the Asia-Pacific region.

Tax compliance and filing services

We have extensive experience with personal and income tax filing for companies in Singapore. Our tax compliance services ensure you meet strict local and cross-border compliance requirements.

We can help with:

  • Monitoring of statutory tax filing deadlines and payment due dates
  • Preparation, review, and submission of finalised tax returns
  • Applications for Singapore tax incentives and Productivity and Innovation Credit (PIC) benefits
  • Filing of Form C and Form C-S for company income tax returns
  • Tax clearance and withholding tax services
Singapore tax advisory services

Without expert planning support, it can be easy to miss out on tax breaks, exemptions and government incentives that your business is entitled to. We conduct an in-depth analysis of your business structure before providing industry-leading advice on the best long-term tax consulting solutions.

We can help with:

  • Tax due diligence reviews
  • Tax advice regarding inbound and outbound investments
  • Analysis of business flow and contracts
  • Tax advice regarding group corporate structure and business restructuring
GST planning, audits, and compliance

Understanding Singapore’s Goods and Services Tax (GST) compliance requirements takes expert local knowledge. Our team of professionals have an in-depth understanding of GST laws and tax filing service options to help you stay compliant.

We can help maintain GST compliance through:

  • GST registration and return filing, including pre-registration GST input tax claims
  • GST advice on local and cross-border transactions, de-registration implications and start-up issues
  • Health checks to avoid common GST pitfalls, including GST Assisted Self-help Kit (ASK) review
  • Application and renewals for the Major Export Scheme (MES)
  • In-house GST training

As well as provide:

  • Voluntary disclosure programme: If needed, BoardRoom will manage the process from correcting accounts to liaising with the IRD
  • Handling of IRAS queries
  • Filing of F7 error correction forms, GST Forms 8 (final return), and 9 (de-registration)

Why Choose BoardRoom?

Because we help take your business further, faster, at all stages

Partnering with an experienced corporate tax services provider in Singapore can help you reduce costs, minimise risk, and increase potential revenue growth, all while ensuring ongoing compliance.

With a proven track record built over 50 years, BoardRoom has become one of the most trusted names in tax services in Singapore.

Save time and money
Outsourcing your tax filing service enables you to keep managing your core business operations without having to maintain trained, knowledgeable staff to handle day-to-day tax functions in-house.
Maintain cross-border compliance
With expertise across multiple Asia-Pacific jurisdictions, we can help to reduce your administrative burden while lowering your risk of financial penalties and reputational damage due to non-compliance. We also offer an international business tax consulting solution for clients looking to keep their overseas operations compliant.
Access unrivalled expertise
Our tax specialists have an in-depth knowledge of the tax advisory landscape in Singapore, helping you access the tax breaks and exemptions your business is entitled to.
Increase productivity
Free up your team’s time and resources, and enable key decision-makers to focus on growth and profitability by outsourcing your tax planning to a specialist in company tax consulting.

Get in touch with our tax expert today!

CLIENT TESTIMONIALS

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YOUR POINT OF CONTACT

Eunice Hooi

Managing Director Asia, Tax & Accounting

Frequently Asked Questions (FAQs)

1. What is the meaning of tax compliance?

Tax compliance refers to the act of following tax regulations and laws. Any business that fails to adhere to tax compliance is doing so at the risk of breaking the law.

Singapore has some of the most stringent tax regulations, and it is important that your business operates within the law by paying your taxes accurately and on time.

2. What is the tax structure for expats in Singapore?

Singaporean tax law is divided into two categories: taxes for residents and non-residents.

Singapore Citizens, Permanent Residents, and foreigners employed in the country for more than 183 days in a year are taxed as residents and are subject to Singapore’s progressive tax rate.

Non-residents of Singapore, on the other hand, are taxed at a flat rate of 15% but are not entitled to any sort of tax relief.

Please visit the link for more information on the Basic Guide on Tax Filing for Foreigners.

3. What is the tax structure for companies in Singapore?

Singapore has long been considered a haven for entrepreneurs. One of the country’s largest draws is the low corporate tax rate.

Businesses in Singapore pay 17% tax on profits – not revenue. In Singapore, there is also no capital gains tax, no dividends tax, and no double taxation if your company is operating overseas.

Please visit the link for more information on the Basic Overview of Corporate Income Tax.

4. How do you do tax return filing in Singapore?

Residents and non-residents of Singapore are expected to file their taxes in mid-April every year with the Inland Revenue Authority of Singapore (IRAS). You can do so online or by mail.

If you are filing your tax return online, the deadline for filing is April 18th. For online tax return filing, you will need a SingPass or an IRAS Unique Account (IUA). If you are filing your tax return by traditional mail, then the deadline is April 15th.

If your company is looking for tax filing services in Singapore, BoardRoom’s specialists are ready to assist.

5. How do you calculate corporate tax returns in Singapore?

Tax returns can be prepared manually or with the help of tax preparation software. Manual preparation requires calculating the taxable income and submitting it to the IRAS. You may also prepare and file your tax returns online using tax preparation software. After you have made the computations, you may then file your tax returns online using the IRAS portal.

You can use the IRAS basic tax calculator to calculate your taxable income. The calculator helps you in making adjustments to your accounting profit to arrive at the taxable profit. You are also able to deal with schedules such as capital allowances and expenses schedules. The calculator can also be used when filling out Form C and Form C-S.

Tax preparation for corporations is crucial when filing your company’s tax returns. You should make sure that you calculate your taxable income from your accounting income by making the necessary adjustments. In case you want to save time and money by focusing on your business issues, you may choose to hire a professional Singapore tax consultant to prepare your tax returns.

6. How to choose a tax filing service provider in Singapore?

Tax returns can be prepared manually or with the help of tax preparation software. Manual preparation requires calculating the taxable income and submitting it to the IRAS. You may also prepare and file your tax returns online using tax preparation software. After you have made the computations, you may then file your tax returns online using the IRAS portal.

If you are looking to hire an accountant or tax filing service provider, be sure to hire a professional with experience and knowledge of Singapore’s tax regulations.

Here at BoardRoom, we have years of experience helping businesses in Singapore and the APAC region file their taxes and balance their books. Contact us today to speak with one of our business tax consulting professionals.

7. What tax incentives are available for new start-ups?

The government of Singapore provides several tax incentives to help promote entrepreneurship in the country, many of which are designed to specifically aid start-ups.

Here are some of the more popular tax incentives for start-ups…

  • Tax Exemption Scheme for New Start-ups
  • Productivity and Innovation Credit (PIC) Scheme
  • Deduction for Charitable Work
  • Double Tax Deduction for International Expansion
  • Wage Credit Scheme

Be sure to ask your accountant or tax professional about which tax incentive is best for your start-up.

8. How can BoardRoom help in taxation services?

Here at BoardRoom, we have the experience, network, and tools to set your business or start-up up for success. We have years of experience helping organisations like yours file their Singaporean taxes, so they are 100% compliant with Singapore tax regulations.

Our strategic corporate tax services, combined with our comprehensive tax filing services, can provide your company with the insight and confidence needed to scale in Singapore and beyond. If you are ready to set your business up for success, contact us today.