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CORPORATE TAX FILING

Corporate tax filing is mandatory for all companies registered in Singapore. Corporate tax regime is administered by the Inland Revenue Authority of Singapore (IRAS), requiring all your corporate returns to be properly prepared and filed on time. If these legal requirements are not complied, your company runs the risk of incurring civil (financial) and even criminal (imprisonment) and penalties in the event of non-compliance.

Income Tax on profits of up to S$100,000 for first 3 years is 0% and 8.5% for Income Tax on profits up to S$300,000 after first 3 years.

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