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Singapore

South-Eastern Asia · SG · 105 treaties

What is Singapore's tax system?

Singapore operates a territorial tax system. The top personal income tax rate is 20%, and the corporate tax rate is 17%.

Tax profile

Corporate income tax 17%
Withholding — dividends 0%
Withholding — interest 15%
Withholding — royalties 10%
VAT / GST (standard) 9%
Personal income (top rate) 20%
Capital gains n/a
Tax system Territorial
Residency threshold 183 days
Exit / departure tax No
CFC rules No
Transfer pricing Strict
Digital nomad visa Overseas Networks & Expertise Pass (ONE Pass)
Digital services tax none
Global minimum tax (Pillar 2) Implemented

Common questions

What is the corporate tax rate in Singapore?
The corporate tax rate in Singapore is 17%.
What is the personal income tax rate in Singapore?
The top personal income tax rate in Singapore is 20%.
Does Singapore have a VAT?
Yes, Singapore has a standard VAT rate of 9%.

Tax residency

Easy to leave

What makes you a tax resident — and how hard it is to stop being one.

Tax residency is based on physical presence and residence in a given year of assessment, with no citizenship or domicile-based tail rules; stopping residency is generally achieved by ceasing to reside or work in Singapore and falling below the 183‑day / multi‑year presence tests.

Source: Inland Revenue Authority of Singapore (IRAS)

Tax treaty network (126)

In-force double-tax treaty partners. Treaty-reduced withholding (dividends / interest / royalties) shown where the official source publishes a rate; otherwise the country's statutory rate applies unless the treaty text provides a reduction.

PartnerDivIntRoy
Albania 0% 5% 5%
Armenia 0% 5% 5%
Australia 0% 10% 10%
Austria 0% 5% 5%
Azerbaijan
Bangladesh 0% 10% 10%
Belgium 0% 5% 5%
Brunei 0% 10% 10%
Bulgaria 0% 5% 5%
Cambodia 0% 10% 10%
Canada 0% 15% 10%
Chile 0% 15% 10%
China 0% 10% 10%
Croatia
Cyprus 0% 10% 10%
Czechia 0% 0% 10%
Denmark 0% 10% 10%
Ecuador 0% 10% 10%
Estonia 0% 10% 7.5%
Egypt 0% 15% 10%
Finland 0% 5% 5%
France 0% 10% 0%
Georgia 0% 0% 0%
Germany 0% 0% 5%
Greece 0% 7.5% 7.5%
Hungary 0% 5% 5%
Iceland
India 0% 15% 10%
Indonesia 0% 10% 10%
Iran
Ireland 0% 5% 5%
Israel 0% 7% 5%
Italy 0% 12.5% 10%
Japan 0% 10% 10%
Jordan 0% 5% 5%
Kazakhstan 0% 10% 10%
South Korea 0% 10% 5%
Kuwait 0% 7% 10%
Laos 0% 5% 5%
Latvia 0% 10% 5%
Lebanon
Lithuania 0% 10% 7.5%
Luxembourg 0% 0% 7%
Malaysia 0% 10% 8%
Malta 0% 10% 10%
Mexico 0% 15% 10%
Mongolia 0% 10% 5%
Morocco 0% 10% 10%
Myanmar 0% 10% 10%
Netherlands 0% 10% 0%
New Zealand 0% 10% 5%
Nigeria 0% 7.5% 7.5%
Norway 0% 7% 7%
Oman 0% 7% 8%
Pakistan 0% 12.5% 10%
Panama 0% 5% 5%
Peru
Philippines 0% 15% 10%
Poland 0% 5% 5%
Portugal 0% 10% 10%
Qatar 0% 5% 10%
Romania 0% 5% 5%
Russia 0% 0% 5%
Saudi Arabia 0% 5% 8%
Republic of Serbia 0% 10% 10%
Slovakia 0% 0% 10%
Slovenia 0% 5% 5%
South Africa 0% 7.5% 5%
Spain 0% 5% 5%
Sri Lanka 0% 10% 10%
Sweden 0% 15% 0%
Switzerland 0% 5% 5%
Syria
Taiwan 0% 15% 10%
Thailand 0% 15% 10%
Turkey 0% 10% 10%
Turkmenistan 0% 10% 10%
Ukraine 0% 10% 7.5%
United Arab Emirates 0% 0% 5%
United Kingdom 0% 5% 8%
United States of America 0% 15% 10%
Uzbekistan 0% 5% 8%
Vietnam 0% 10% 10%
Bosnia and Herzegovina
Bhutan
Bolivia
Costa Rica
Dominican Republic
El Salvador
Ghana 0% 7% 7%
Guatemala
Honduras
Jamaica
Kenya 0% 10% 10%
Liberia
North Macedonia
Mauritius 0% 0% 0%
Moldova
Montenegro
Namibia
Nicaragua
Paraguay
Puerto Rico
Senegal
United Republic of Tanzania
Uganda
Uruguay 0% 10% 10%
Venezuela
Bahrain 0% 5% 5%
Barbados 0% 12% 8%
Belarus 0% 5% 5%
Bermuda 0% 15% 10%
Brazil 0% 15% 10%
Ethiopia 0% 5% 5%
Guernsey 0% 12% 8%
Hong Kong S.A.R. 0% 15% 10%
Isle of Man 0% 12% 8%
Jersey 0% 12% 8%
Libya 0% 5% 5%
Liechtenstein 0% 12% 8%
Papua New Guinea 0% 10% 10%
Rwanda 0% 10% 10%
San Marino 0% 12% 8%
Seychelles 0% 12% 8%
Tunisia 0% 10% 10%
Fiji 0% 10% 10%