1 I want to pay a tax it?
A: if you apply for a permit, you need to pay a tax, if not living in Singapore, you can not pay a tax on the Singapore tax bureau.
2 current tax threshold is how much?
Answer: after the adjustment of the individual taxable income for the first 2 new money is not taxed. The annual personal income of not more than 2.2 new money do not need to declare a tax.
3 annual tax in what time to declare it?
Answer: annual March 1st to April 18th to declare the income of the last year (between January 1st -12 31).
4 I do not report a tax will have what consequences?
Answer: there will be a fine, it will have an impact on your personal reputation, and may restrict access to the environment. It is recommended that you do not follow the normal procedures and requirements to do, but not much money, but there is no risk.
5 every Singapore companies need to declare?
A: Yes, but if it is not running the company, you can apply for exemption from the tax bureau IRAS application, after the tax bureau can not declare the company tax, until the beginning of the business.
6 what time is the final deadline for reporting the company tax?
A: the tax bureau will issue a tax return every year in May, the company will submit the paper to the tax table in November 30 days prior to submission, the company can be extended to electronic reporting to December 15th, but the electronic declaration of the individual must have Singpass.
7 what is ECI?
A: Estimated is the abbreviation of Chargeable Income ECI, meaning that the tax, the tax bureau within 3 months after the company's financial year to declare, the tax bureau received a pre tax assessment tax notice letter, the customer received a notice letter to pay taxes within a month, the income can not be too accurate. To the next annual corporate tax declaration, calculated the final tax, tax bureau will contrast prepay tax and take Duotuishaobu practices.
8 companies to submit tax returns, how long to pay taxes?
A: the tax bureau to submit a declaration, the tax bureau will be based on different companies in 1 weeks to several months ranging from time to time to issue a notice of tax assessment, received a notice of tax payment within 1 months after the notice must be paid.
9 if the company evening tax, will have what kind of results?
A: there will be a fine, fine in the new currency 200-1000, if you have not paid a fine, will face the risk of the court. If is a newly established company, in the first tax year late company tax declaration, usually get tax bureau's understanding, will from the date of letter give a month's time to complete information, the grace period complete need not pay the fine.
10 what are the benefits of the newly established company tax?
The establishment of the new company for the first three years pre tax profit is less than 10 million in new money, tax-free, such as pre tax profits in 10-30 million in new money, the enterprise income tax is 8.5%, profit of more than 30 million new coins of the need to pay 17% of the enterprise income tax.