Kaizen - Features, registration procedures, registration costs and maintenance costs of a Singapore company

Features of a BVI Company A BVI company requires a minimum of one shareholder, one director, one Registered Agent and one Registered Office. The director and shareholder could be of any nationality and could be the same person or corporation.

...More

The features of a Belize IBC are very mcuh like a IBC in any other offshore jurisdictions, except that it is still allowed to issue bearer shares and therefore a higher level of confidentiality could be achieved.

...More

Offshore World

Tax Havens Some twenty years ago, there were only a handful of offshore (tax havens) and to many, their use was surrounded in 'mystique'. Also, there were only a few professionals specializing in offshore practice and tax havens, and those that did, typically made use of only one or two jurisdictions...
More

Why Incorporating Offshore Individuals and corporations go offshore for a number of reasons: save tax, protect wealth, reduce risk, maintain privacy and to avoid unnecessary regulations or bureaucracy...
More

OFFSHORE COMPANY FORMATION
SINGAPORE

Singapore Property Tax

Who is liable for Singapore Property Tax?

Property tax is a tax on properties in Singapore. All types of properties including Govt. HDB flats, factories, offices and vacant land are subject to tax.
If you or your business owns property, you must pay property tax.

What are the property tax rates in Singapore?

The amount of property tax you have to pay per year is a percentage of the Annual Value of the property. The Annual Value is the estimated yearly rent the property can fetch if it were rented out.
The tax rate for owner-occupied residential property is 4% per year. The tax rate for all other properties is 10%.

Tip: If you are using your residential home as an office, you pay 4% property tax as long as you (a) own the home and (b) live in the home.

Are There Any Rebates, Relief’s or Refunds?

To help keep taxes affordable, encourage certain types of land development and meet business needs, the Government gives out rebates, relief’s and refunds to property owners.
For instance, if your property has been continuously vacant for at least 30 days or 1 calendar month because of repairs or the inability to find a tenant, you can claim for a refund of property tax for that period.

Back to Singapore Page




	Hong Kong Head Office Room 1106, Futura Plaza, 111 How Ming Street, Kwun Tong, Hong Kong TEL +852 2341 1444 FAX +852 2341 1414 E-mail info@bycpa.com

	Shenzhen Office TEL +86 (0755) 82684480 82684483 82684484 FAX +86 (0755) 82684481
	Shanghai Office TEL +86 (021) 64394114 64399276 FAX +86 (021) 64394414
	Beijing Office TEL +86 (010) 68748420 68748422 FAX +86 (010) 68748421