Taxation

With effect from YA 2010, a business's chargeable income is taxed at a fixed rate of 17%, regardless of whether the firm is domestic or international.

In the relevant Year of Assessment, all businesses must file their tax returns to IRAS. This goal is a lot easier to achieve with the help of our tax professionals.

We will assist you in developing effective tax strategies and correct tax planning so that you can pay the least amount of tax feasible while being within the law.

Taxation Services

Why Choose Us?

At Rubicon Solutions we provide you:

Effortless Tax Compliance

We will assist you in managing your tax compliance, so that you can focus on growing business.

Quality Tax Advise

With our highly experienced Rubicon team, we will provide you with high-quality tax guidance.

Tax Optimization

We assist you in minimizing your tax liability through careful planning.
 

Important questions

1What is ECI?
ECI is an estimate of a company's chargeable income for a financial year that must be reported to IRAS within three months of the financial year's end.
2What is Form C/CS?
The Form C-S/ C is a declaration form used by businesses to report their actual earnings. A Form C filing requires companies to attach tax computations, financial statements, detailed profit & loss statement, and other supporting documents. Conversely, form C-S is a simplified filing that does not require additional documents.
3What is COR?
A Certificate of Resident (COR) is a letter verifying that you are a tax resident of Singapore for the purposes of receiving benefits under DTAs.
4What is withholding Tax?
Singapore uses withholding tax to collect taxes on income received by non-residents. Interest payments, rent payments, royalties, and company management fees made to non-residents of Singapore are all subject to withholding tax. In addition, withholding tax is imposed of non-resident employees and professionals. The rate of withholding tax varies depending on who receives the payment and the services provided. Withholding Tax is also known as Tax deducted at source in many countries.
5What is GST and why it is important?

GST (Goods & Services Tax) is an indirect tax applied on most goods and services sold for domestic use. Consumers pay the GST, but businesses selling the products and services must remit it to the government. It is not applicable if goods or services are delivered outside Singapore jurisdictions.

In Singapore, the current GST rate is 7%. A GST-registered company must file a GST return with IRAS on a monthly or quarterly basis.

How Rubicon help you in all your Taxation matters?

Rubicon is a Singapore-based company incorporation and accountancy firm. Our comprehensive list of professional services serves as a one-stop solution for your company, providing you with the most cost-effective service at the highest degree of excellence. Our tax service will assist you in the following matters.

  • Calculation and preparation of tax schedules.
  • We will assist you in filing of ECI (Estimated Chargeable Income).
  • Submitting a Form-C or Form C-S corporate tax return.
  • Liaison with IRAS to answer questions about your tax calculation.