What you need to know about the tax system as an expat in Singapore

As an expat in Singapore, you would have enjoyed the low-income tax rate and straight forward tax system where only income earned in Singapore is taxed.

But while the Singaporean tax system is simple, there are many tax concessions that expats can claim while in Singapore that you may not be aware of.

If you plan to return home at some point, many other countries including Australia and New Zealand have more complex tax systems when it comes to foreign income and assets. We recommend to our clients they carefully plan their return to avoid unforeseen tax bills.

 
 
 

How we can assist

Expats living in Singapore

For expats living in Singapore, we provide an ongoing tax management service that ensures you are claiming all the concessions you are entitled to and complying with your obligations in both Singapore and your home country.

In Singapore, we act as your tax agent with any queries that may arise and communicate with relevant government bodies on your behalf.

Leveraging our offices in Sydney, London and Los Angeles and our network of partners around the world, we can assist in meeting your tax obligations in other countries including Australia and New Zealand.

Expats looking to invest while in Singapore

A large number of expats choose to grow their assets while living in Singapore. We provide tailored tax advice to ensure that the acquisition of assets are structured in a manner that reduces new risk and contributes to your wealth.

Expats leaving Singapore to live elsewhere

For expats leaving Singapore, we assist in planning your departure from Singapore. This provides you with a clear understanding of what to expect when you arrive in your next destination – be it home or another country.

We also assist expats who are leaving Singapore to acquire the necessary tax clearance required to leave the country. Without tax clearance, you may be refused departure from Singapore when you attempt to board your flight.

Expats expanding or establishing a business in Singapore

We have over 15 years of experience assisting clients to set-up a company in Singapore. By incorporating a company with us, you will become a client of a firm that can assist throughout the entire journey of your company, from initial incorporation through to growth, international expansion and eventual exit.

 
 

CST Tax Advisors provide tax advice and preparation services for both my company and my individual tax affairs.

I rely on them as my trusted advisor when I am looking to expand my business or purchase personal assets. They take the time to understand my goal and always provide me with sound and considered options, which I appreciate.

Joshua Canning, Founder & Managing Director, Select Metals
 
 

Our connected offices

We provide international tax advice and compliance services to globally mobile clients moving in and out of Singapore.

Singapore, Australia, UK and USA Connectivity

With offices in Singapore, Sydney, London and Los Angeles, we specialise in providing cross-border advice to clients moving between these regions. The connectedness of our principals in these offices means you receive tailored international tax advice provided by local tax experts that take your complete tax situation into account.

Talk to us now

If you want to discuss how we can assist you with your tax situation contact us today on +65 6226 5566 or info@csttax.com.sg

 
 

NEED TAX ADVICE?

We care. CST’s guiding philosophy is to understand and have empathy with our clients while providing specialist tax advice and services. If you need integrated cross border tax advice and compliance our renowned team is able to help you.

CONTACT US
 

"*" indicates required fields

Do you need tax services in our other regions?
By providing us your information you agree to our privacy policy

 

LATEST TAX AND ACCOUNTING NEWS

 

UK Budget 2024 – Non-UK Domiciled Tax Rules To Be Scrapped


27th Mar 2024
Richard Feakins

The current remittance basis tax regime will be replaced by a residence based regime from 6 April 2025 Foreign Income And Gains Existing non domiciled individuals who have been resident in the...

 

Podcast: Navigating NFTs, DAO and GameFI


21st Mar 2024
CST Tax Advisors

Boon Tan, Managing Director of CST in Singapore, recently joined Hemandra Tanapalan, Chief Executive Officer at Mstige Holdings, to discuss the intricate world of Web3 Together they unpack the tax...

 

Webinar: Relocation To Singapore


13th Mar 2024
CST Tax Advisors

Our Managing Director in Singapore, Boon Tan, will be participating in Singapore Global Network’s “Relocation to Singapore” webinar The webinar is designed for foreigners relocating to...

 

UK Budget 2024 – Non-UK Domiciled Tax Rules To Be Scrapped


27th Mar 2024
Richard Feakins

The current remittance basis tax regime will be replaced by a residence based regime from 6 April 2025 Foreign Income And Gains Existing non...

 

Podcast: Navigating NFTs, DAO and GameFI


21st Mar 2024
CST Tax Advisors

Boon Tan, Managing Director of CST in Singapore, recently joined Hemandra Tanapalan, Chief Executive Officer at Mstige Holdings, to discuss the...

 

Webinar: Relocation To Singapore


13th Mar 2024
CST Tax Advisors

Our Managing Director in Singapore, Boon Tan, will be participating in Singapore Global Network’s “Relocation to Singapore” webinar The...