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FAQ > Corporate Taxes
Frequently Asked Questions
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Corporate
Taxation in Singapore
Q. What is corporate tax rate in Singapore?
A. Singapore has recently introduced significant
new
corporate tax cuts and benefits that will come into effect
when filing taxes from 2008 onwards.
For general guide to Singapore corporate taxation, refer to our
Singapore Corporate
Taxes page.
Q. Are there any corporate tax exemptions available in
Singapore?
A. Full and partial tax exemptions are available for
Singapore companies.
For more details, refer to the above links.
Q. What is the difference between a resident and a
non-resident Singapore Company?
A. A company is resident in Singapore if the control and
management of the company is exercised in Singapore. In general, the
control and management of the company is taken to be the place where
the Board of Directors' meetings are held.
Generally, a non-resident company enjoys the same privileges as
a resident company. It has the same obligations and rights under the
Act. However, a non-resident company is unable to take advantage of
Singapore's tax treaties with other countries.
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