ordinarySingapore CorporationIn daily business, there are generally two kinds of taxes involved: corporate income taxCITAnd consumption taxGST. Corporate excise taxGSTThe tax is levied only in Singapore7%, if the company is trading outside Singapore, it is not subject to the excise duty. But corporate income tax is levied on global income.

About corporate income TaxCIT, the Inland Revenue Authority of Singapore stipulates from2010Since 2000, the tax rate has been adjusted to17%, and declare once a year (financial year), Singapore Tax Board also has preferential treatment for this tax, which is divided into newly established companies and ordinary companies.

The first of the two tax years of the newly formed company10Net profit of S $10,00075%Exemption from corporation tax,10More than ten thousand20The part below RMB 10,000 shall be taxed at normal rates50%Tax more than20Ten thousand taxes will be paid normally. , the total exemption for Singapore companies is125000New dollar.

Ordinary companies are ahead1Net profit of S $10,00075%Exemption from corporation tax,1S $10,000 or more20The following part of ten thousand Singapore dollars shall be subject to the normal tax rate50%Tax more than20The total tax allowance for the company in Singapore is102500New dollar.

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