Accountancy in Singapore

>> Withholding Taxes in Singapore

Interest

Payment of interest to a non-resident is subject to withholding at 15%, or a reduced rate subject to tax treaties.

Royalties

Payment of royalties to a non-resident is subject to withholding tax at 10%, or a reduced rate subject to tax treaties.

Dividends

Singapore does not impose withholding tax on dividends paid.

Technical assistance and service fees / management fees

Payment of technical assistance and service fees and management fees to a non-resident for services rendered in Singapore is subject to withholding tax  at prevailing corporate tax rate of 17%.  For payments to non-resident individuals, tax is to be withheld at 22%.


Latest version updated 1st November 2017

Country Breakdown

5.607

Million

Population

S$

Singapore Dollar

Currency

$ 297

Billion

GDP

719.1

km2