Singapore

Side-by-side tax comparison of 1 country

Singapore flagSingapore
SingaporeSingapore

Corporate tax rate is 17% for all companies. Partial exemption available for first S$200,000 of chargeable income.

Corporate Tax
17%
Income Tax
0% - 22%
VAT Rate
9%
Capital Gains Tax
0%
Effective Rate
17%
Income Tax Brackets
  • 0 - 20,0000%
  • 20,000 - 30,0002%
  • 30,000 - 40,0003.5%
  • 40,000 - 80,0007%
  • 80,000 - 120,00011.5%
  • 120,000 - 160,00015%
  • 160,000 - 200,00018%
  • 200,000 - 240,00019%
  • 240,000 - 280,00019.5%
  • 280,000 - 320,00020%
  • 320,000 - 22%
Capital Gains
0%

No capital gains tax in Singapore.