Global law hub / Asia
SGSingapore
Singapore combines a 17% headline corporate rate with partial exemptions and generous incentives, and charges GST at 9%. It is a common holding and trading hub for Indian groups.
Recent judgments and rule changes
Key laws
- Income Tax Act 1947Corporate and personal income tax.
- Goods and Services Tax Act 1993GST on supplies and imports.
- Companies Act 1967Incorporation and governance, administered by ACRA.
- Multinational Enterprise (Minimum Tax) Act 2024Pillar Two top-up taxes from 2025.
Official sources
Working with India
Doing business between India and Singapore? We advise on the Indian side — treaty relief, withholding, FEMA and transfer pricing documentation. Talk to us.