Singapore — corporate tax, VAT, and dividend treatment
Singapore corporate income tax (17%), VAT (9%), and dividend withholding (0%), with cross-country context.
Country notes
Headline corporate income tax rate is 17%. The Start-Up Tax Exemption (SUTE) gives qualifying new companies 75% exemption on the first SGD 100,000 of chargeable income and 50% exemption on the next SGD 100,000 for the first three years of assessment. The Partial Tax Exemption (PTE) applies to subsequent years. A 50% corporate income tax rebate (capped at SGD 40,000) applied for YA 2025.
Key data
| Corporate income tax | 17% |
|---|---|
| Standard VAT | 9% |
| Dividend withholding (default) | 0% |
| Currency | SGD |
| EU member | No |
Cross-country context
| Corporate income tax | 17% |
|---|---|
| Median across covered countries | 22 |
| Lowest in the data set | 9 (United Arab Emirates) |
| Highest in the data set | 30 (Germany) |
| Rank within the data set | #2 of 13 |
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Methodology
Applies the headline corporate income tax rate from the country profile to the entered profit before tax. Reduced rates, SME thresholds, surtaxes, dividend layers, and jurisdiction-specific deductions are not modelled. Result is an estimate for orientation, not tax advice.
These calculations are informational estimates based on headline rates and transparent assumptions — not tax, accounting, or legal advice. Verify with a qualified local advisor before relying on the results.
Related
Other countries in the region
Featured ranking
Country profile
Sources
- Inland Revenue Authority of Singapore — Inland Revenue Authority of Singapore (accessed )
- OECD — OECD — economic and tax statistics (accessed )
- PricewaterhouseCoopers — PwC Worldwide Tax Summaries (accessed )
- Stripe — Stripe — supported countries (accessed )
- Wise — Wise — service availability (accessed )
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