Permanent Establishment in Singapore A Permanent Establishment (PE) in Singapore refers to a situation where a foreign company has a...

How do I issue dividends in Singapore? Issuing dividends in Singapore involves a process typically overseen by the company's directors...

Singapore-United Kingdom Avoidance of Double Taxation Agreement There is a Double Tax Avoidance Agreement (DTAA) in place between...

Accounting Standards for R&D Costs Accounting standards for R&D costs in Singapore: Standards Reference: Singapore adopts FRS (Financial...

Taxation of Limited Liability Partnership Limited Liability Partnerships (LLPs) in Singapore are treated as pass-through entities for tax...

Claiming Foreign Tax Credit Reliefs In Singapore, individuals generally do not need to claim foreign tax credit (FTC) when they have...

Property Tax in Singapore Property tax is a levy imposed on the ownership of properties in Singapore, regardless of whether it's rented...

What is the difference between an independent company and a subsidiary company? While both exist in the business world, independent...

Partial Tax Exemption Scheme for Companies in Singapore The Partial Tax Exemption Scheme (PTES) is a government initiative in Singapore...

Group Relief Group relief in Singapore is a tax relief system that allows companies within the same group to offset certain losses...

Carbon Tax Here is some information about the Carbon Tax in Singapore: What is the Carbon Tax? The carbon tax is a tax levied on...

Trust Deed A trust deed is a legal document that sets out the terms and conditions of a trust in Singapore. It is a crucial document that...

Johor Singapore Special Economic Zone The Johor-Singapore Special Economic Zone (JS-SEZ) is a proposed economic zone that will span...

Inward Re-domiciliation in Singapore In a nutshell, inward re-domiciliation allows a foreign company to "shift its legal home" to...

Major Exporter Scheme (MES) | Bestar Major Exporter Scheme (MES) The Major Exporter Scheme (MES) is a program administered by the Inland...

Tax Rates for Non-Residents in Singapore The tax rates for non-residents in Singapore vary depending on the type of income: General...

Establishing a Holding Company in Singapore: Your Ultimate Guide | Bestar Singapore Holding Company Setup Guide Setting up a holding company in Singapore  is a smart, strategic move for international businesses and investors. Known for its pro-business policies and attractive tax regime, the city-state offers a straightforward yet highly advantageous environment for centralizing control, protecting assets, and optimizing taxes. While the process is generally simple, understan

Company Limited by Guarantee vs Society | Bestar Company Limited by Guarantee vs Society Company Limited by Guarantee (CLG) and Society...

In Singapore, the tax residency of a company is determined by the place where the central management and control of its business is...

To set up an international business company (IBC) in Singapore, you will need to follow these steps: Choose a company name. The company...