Applicant’s Documents
2018-05-31
Application Requirements
2018-06-04
Applicant’s Documents
2018-05-31
Application Requirements
2018-06-04

What Is Withholding Tax


Withholding Tax

Under Singapore law, a person (known as the Payer) who makes payment(s) of a specified nature (e.g. Royalty, Interest, Technical Service Fee, etc.) to a non-resident company or individual (known as Payee) is required to withhold a percentage of that payment and pay the amount withheld(called ‘Withholding Tax’) to IRAS.

What Are The Payments to a Non-Resident that Require You to Withhold Tax

  • Payments for Services, Interest, Royalty, Rental of Movable Properties, etc.
  • Payments to Non-Resident Directors, Professionals, Public Entertainers & International Market Agents
  • Foreigners/PRs Withdrawing from Supplementary Retirement Scheme (SRS) Account
  • Distribution of Real Estate Investment Trust (REITs)
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Singapore FOZL Group Pte. Ltd.
Accounting and Corporate Regulatory Authority of Singapore licensed corporate advisory firm.
Singapore Company Registration, Annual Return, Accounting & Tax
Trademark Registration, Corporate Advisory, Serviced Offices.
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