Witholding Tax in Singapore

Question posted by Bryan McCrae, on behalf of Cognitive Enterperprises Ltd in RG9

I'm in the processing of setting up with a new partner in Singapore to market and provide sales training services, both e-learning and workshops (the agent will deliver workshops).

I gather that non resident companies have to charge 'with-holding tax' of 30% or so. My partner also has a locally registered company that I could trade through. Any suggestions about pros and cons of the two approaches and are there others that I could consider?

Thanks
Bryan

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Dear Bryan,

Thank you for your inquiry, I would be happy to speak to you to provide some more information please email me at jennifer@britcham.org.sg to schedule an appointment

The IRAS site also has some information which may be useful to you
http://www.iras.gov.sg/irashome/page01.aspx?id=758

Regards Jennifer Hainsworth Business Services Manager British Chamber of Commerce Singapore

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Malcolm Yiong, on behalf of UK Trade & Investment Singapore in Singapore.

Dear Bryan

Greetings from UKTI Singapore. I cover the education and training sector based at BHC Singapore.

On your enquiry about the withholding tax, you may wish to browse through the following:

Withholding tax (Resident versus Non Resident): http://www.iras.gov.sg/irasHome/page04.aspx?id=1338

Withholding tax (for payment to non-residents or non-resident companies): http://www.iras.gov.sg/irasHome/page04.aspx?id=562

Let me know if you have further questions. My email address is malcolm.yiong@fco.gov.uk

Best regards
Malcolm

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