There are some reasons why investors are setting up businesses in Singapore. These reason include: #1 in the Best Business Environment 2020 by The Economist Intelligence Unit #1 in the Human [...]
The corporate tax rate in Singapore is 17%. The personal income tax rate is capped at a maximum of 20%
Yes, both countries have the same timezone, UTC+8. This makes it easy to do business in both countries.
Both countries have signed a double tax agreement. However, it should be noted that the agreement can be terminated at any point of time should either party deemed necessary to do so. [...]
Yes, a foreigner can start a business in both Malaysia and Singapore. For more information on Singapore incorporation, read our article here. For more information on Malaysia incorporation, read our article here. [...]
Yes, the Singapore government is pro-business. They have initiated many incentives and grants to encourage foreign direct investments in the country
The Sales Tax is only imposed on the manufacturer level, the Service Tax is imposed on consumers that are using tax services. SST rates are less transparent than the GST which [...]
As your company’s Tax agent, Paul Hype Page & Co Chartered Accountant will be fully responsible for the practice of ensuring that these conditions are met. It is important that we [...]
Malaysia attracts investments from around the world by reducing its corporate income tax rate and introducing different tax incentives. Malaysia has one of the lowest corporate tax rates in the world. [...]
IRB (Inland Revenue Board) governs Malaysia’s tax system, helps develop a stronger economy, better environment and a more vibrant economy. All companies, regardless of industry, have a legal duty to pay taxes. [...]
