Corporate Tax Services in Singapore

Simplifying corporate tax, compliance and incentives for businesses in Singapore — your trusted advisory with Terra Advisory & JT & CY Advisory.

SINGAPORE CORPORATE TAX SERVICES

Singapore offers one of the most competitive corporate tax systems in the world—clear, transparent, and designed to support business growth.
Whether you’re starting a new venture or expanding your international operations, Terra Advisory Services ensures your business remains compliant and tax-efficient from day one.

Our corporate tax specialists help startups, SMEs, and foreign entrepreneurs understand and manage Singapore’s tax framework—from corporate income tax filing and exemptions to GST registration and double taxation relief.

For 2025 policy context, see our insights:
How 2025 Tax Changes Will Boost Singapore Businesses
and
How Singapore’s 2025 Tax Changes Will Benefit Your Business.

Singapore Corporate Income Tax Services

Singapore’s corporate income tax (CIT) rate is a flat 17%, one of the lowest in Asia.
The country follows a territorial tax system, meaning that only income earned in or derived from Singapore—and foreign income remitted into Singapore—is taxable.

Our Corporate Tax Advisory Covers:

  • Tax computation & ECI filing within three months of financial year-end

  • Preparation and submission of Form C-S or Form C to IRAS

  • Capital allowance planning for qualifying fixed assets

  • Managing tax residency status to access treaty benefits

Getting your income tax filing right from the start avoids costly penalties and positions your business to benefit from Singapore’s tax incentives.
Terra Advisory simplifies compliance with accurate computations, clear documentation, and proactive IRAS liaison.

Related Services:
Company Incorporation · Tax Filing & Advisory

 


 

Maximizing Startup Tax Exemptions & Incentives

Singapore’s tax regime encourages entrepreneurship through generous tax exemption schemes for new and growing companies.
Our experts identify every relief available to optimise your effective tax rate.

Startup Tax Exemption (SUTE)
For the first three consecutive Years of Assessment, qualifying startups can enjoy up to 75% exemption on the first S$100,000 and 50% on the next S$100,000 of chargeable income.

Partial Tax Exemption (PTE)
For established businesses beyond the startup period, PTE offers continued relief—75% exemption on the first S$10,000 and 50% on the next S$190,000.

See how the 2025 reforms reshape Singapore’s fiscal landscape:
Unlocking Opportunity: 2025 Tax Changes.

Sector-Specific Incentives:

  • Fintech and digital innovation

  • Clean energy and sustainability

  • R&D and manufacturing

  • Global trading and logistics

 

GST Registration & Compliance

As of 2025, Singapore’s Goods and Services Tax (GST) stands at 9%.
Understanding when and how to register is crucial for startups and SMEs managing cash flow and compliance.

Mandatory Registration
Businesses must register for GST when their annual taxable turnover exceeds S$1 million or is expected to within the next 12 months.

How We Help:

  • GST registration or deregistration with IRAS

  • Quarterly GST return preparation and filing

  • Input and output tax reconciliation

  • GST audit and compliance review

Terra Advisory ensures full compliance with Singapore’s GST framework—so your business avoids penalties, protects input tax claims, and maintains IRAS-ready records.

Learn more in our guide:
Ultimate GST Compliance Guide for Singapore Businesses 2025.

Related Services:
Accounting Services · Company Incorporation


 

Double Taxation Agreements (DTAs)

With over 100 active DTAs, Singapore’s treaty network ensures your business income isn’t taxed twice.
Properly applying DTA provisions can significantly reduce withholding taxes and improve cross-border cash flow.

Our International Tax Services Include:

  • Analysis of DTA eligibility and treaty benefits

  • Obtaining Certificates of Residence (COR) from IRAS

  • Structuring cross-border entities to minimise foreign tax exposure

  • Transfer pricing documentation and BEPS 2.0 compliance

Related Services:
Cross-Border Tax Planning · 


 

Accounting Accuracy & Regulatory Compliance

Accurate financial records form the backbone of corporate governance.
Terra Advisory integrates your accounting, tax, and compliance workflows to ensure consistency across IRAS and ACRA submissions.

Our Compliance Services Cover:

  • Bookkeeping using cloud software (Xero, QuickBooks, Zoho)

  • Preparation of SFRS-compliant financial statements

  • Tax provision reviews and deferred tax analysis

  • XBRL filing and annual return submission

  • Compliance health checks and IRAS audit readiness

Stay ahead of 2025 mandates like the IRAS InvoiceNow e-invoicing initiative:
IRAS InvoiceNow Mandate 2025.


 

Partner with Terra Advisory Services

From startup incorporation to annual tax strategy, Terra Advisory Services is your trusted partner for navigating Singapore’s business landscape.
Speak to our specialists today and discover how we can help your company stay compliant and tax-efficient.

 

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