{"id":534,"date":"2017-05-25T13:29:34","date_gmt":"2017-05-25T05:29:34","guid":{"rendered":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/?page_id=534"},"modified":"2017-07-28T15:29:27","modified_gmt":"2017-07-28T07:29:27","slug":"taxation","status":"publish","type":"page","link":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/service\/taxation\/","title":{"rendered":"Taxation"},"content":{"rendered":"<p><section class=\"kc-elm kc-css-588806 kc_row\"><div class=\"kc-row-container  kc-container\"><div class=\"kc-wrap-columns\"><div class=\"kc-elm kc-css-238437 kc_col-sm-4 kc_column kc_col-sm-4\"><div class=\"kc-col-container\"><div class=\"kc-elm kc-css-581639 widget-area kc-wp-sidebar\"><div id=\"bunch_services_posts-4\" class=\"service-sidebar widget widget_bunch_services_posts\">\t\t\r\n        <ul class=\"service-catergory\">\r\n            \t\t\t\r\n\t\t\t<div class=\"widget-content\">\r\n\t\t\t\t<ul class=\"list\">\r\n\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\t\t\t<li><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/service\/\">Our Services<\/a><\/li>\r\n\t\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t<\/ul>\r\n\t\t\t<\/div>\r\n\t\t\t\r\n\t\t        <\/ul>\r\n        \r\n        <\/div><div id=\"bunch_services_posts-3\" class=\"service-sidebar widget widget_bunch_services_posts\">\t\t\r\n        <ul class=\"service-catergory\">\r\n            \t\t\t\r\n\t\t\t<div class=\"widget-content\">\r\n\t\t\t\t<ul class=\"list\">\r\n\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\t\t\t<li><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/service\/companyincorporation\/\">Company Incorporation<\/a><\/li>\r\n\t\t\t\t\t\t\t\t\t\t\t<li><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/service\/corporatesecretarialservices\/\">Corporate Secretarial Services<\/a><\/li>\r\n\t\t\t\t\t\t\t\t\t\t\t<li><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/service\/taxation\/\">Taxation<\/a><\/li>\r\n\t\t\t\t\t\t\t\t\t\t\t<li><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/bookkeeping\/\">Book Keeping<\/a><\/li>\r\n\t\t\t\t\t\t\t\t\t\t\t<li><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/compilation\/\">Compilation<\/a><\/li>\r\n\t\t\t\t\t\t\t\t\t\t\t<li><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/service\/offshorecompanyincorporation\/\">Offshore Company Incorporation<\/a><\/li>\r\n\t\t\t\t\t\t\t\t\t\t\t<li><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/service\/administrativesupport\/\">Administrative Support<\/a><\/li>\r\n\t\t\t\t\t\t\t\t\t\t\t<li><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/payrollservice\/\">Payroll Service<\/a><\/li>\r\n\t\t\t\t\t\t\t\t\t\t\t<li><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/service\/advisoryandbusinessconsultancy\/\">Advisory and Business Consultancy<\/a><\/li>\r\n\t\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t<\/ul>\r\n\t\t\t<\/div>\r\n\t\t\t\r\n\t\t        <\/ul>\r\n        \r\n        <\/div><\/div><\/div><\/div><div class=\"kc-elm kc-css-797762 kc_col-sm-8 kc_column kc_col-sm-8\"><div class=\"kc-col-container\">\n<div class=\"kc-elm kc-css-127175 kc-animated kc-animate-eff-fadeInDown kc-title-wrap \">\n\n\t<h2 class=\"kc_title section-title left\">Corporate tax<\/h2>\n<\/div>\n<div class=\"kc-elm kc-css-484431 kc-animated kc-animate-eff-fadeIn kc-dropcaps\">\n\t<span class=\"dropcaps-text\">O<\/span><p>ur corporate tax consultants will help you minimize your taxes with effective tax planning and corporate structures. Singapore follows a territorial basis of taxation. In other words, companies and individuals are taxed mainly on Singapore sourced income.<\/p>\r\n<\/div>\n<div id=\" \" class=\"kc-elm kc-css-137670 kc_row kc_row_inner\"><div class=\"kc-elm kc-css-693339 kc_col-sm-8 kc_column_inner kc_col-sm-8\"><div class=\"kc_wrapper kc-col-inner-container\"><div class=\"kc-elm kc-css-213525 kc_shortcode kc_single_image\">\n\n        <img decoding=\"async\" src=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/prubiz.com.sg\/wp-content\/uploads\/2017\/07\/Taxation-01.jpg\" class=\"\" alt=\"Taxation\" \/>    <\/div>\n<\/div><\/div><div class=\"kc-elm kc-css-401468 kc_col-sm-4 kc_column_inner kc_col-sm-4\"><div class=\"kc_wrapper kc-col-inner-container\"><div class=\"kc-elm kc-css-997400 kc_text_block\"><\/p>\n<p align=\"left\">Although the concept of locality of the source of income seems simple, no universal rule can apply to every scenario. Whether profits arise in or are derived from Singapore depends on the nature of the profits and of the transactions which give rise to such profits.<\/p>\n<p align=\"left\">\n<\/div><div class=\"kc-elm kc-css-25691 kc_text_block\"><\/p>\n<p>We at Prudent will be able to assist you to determine the taxability of various sources of income and help you to maximize deduction allowed within the legal framework.<\/p>\n<p align=\"left\">\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"kc-elm kc-css-890182 kc_row\"><div class=\"kc-row-container  kc-container\"><div class=\"kc-wrap-columns\"><div class=\"kc-elm kc-css-790164 kc_col-sm-12 kc_column kc_col-sm-12\"><div class=\"kc-col-container\">\n<div class=\"kc-elm kc-css-501008 kc-animated kc-animate-eff-fadeInRight kc-testimo kc-testi-layout-2\">\n\n\t<div class=\"content-title\">Our Corporate tax team will assist the clients in:<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-581076 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t\u27a2 \tCorporate tax computation\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-210281 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t\u27a2 Filing of the Estimated Chargeable Income\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-290932 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t\u27a2 Preparation of final tax returns Form C\/ Form Cs and submitting to Inland Revenue Authority of Singapore (IRAS)\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-710167 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t\u27a2 Following up on the finalized assessments \t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-360886 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t\u27a2 Answering all queries from IRAS\t<\/div>\n<\/div>\n\n<div class=\"kc-elm kc-css-483816 kc-animated kc-animate-eff-fadeInRight kc-testimo kc-testi-layout-2\">\n\n\t<div class=\"content-desc\">Our team will also guide you on the filing of audited or unaudited accounts as well as tax planning.<\/div>\n<\/div>\n\n<div class=\"kc-elm kc-css-425129 divider_line\">\n\t<div class=\"divider_inner divider_line2\">\n\t\t<i class=\"et-attachment\"><\/i>\t<\/div>\n<\/div>\n<\/div><\/div><\/div><\/div><\/section><section class=\"kc-elm kc-css-79107 kc_row\"><div class=\"kc-row-container  kc-container\"><div class=\"kc-wrap-columns\"><div class=\"kc-elm kc-css-419081 kc_col-sm-12 kc_column kc_col-sm-12\"><div class=\"kc-col-container\">\n<div class=\"kc-elm kc-css-411106 kc-animated kc-animate-eff-fadeInRight kc-testimo kc-testi-layout-2\">\n\n\t<div class=\"content-title\">Other Corporate Tax Services<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-781989 kc-animated kc-animate-eff-fadeInLeft\">\n\t<div class=\"message-box-wrap\">\n\t\t\u25cf Assisting on withholding tax\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-657819 kc-animated kc-animate-eff-fadeInRight\">\n\t<div class=\"message-box-wrap\">\n\t\t\u25cf Advising and applying for Certificate of residences\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-734370 kc-animated kc-animate-eff-fadeInLeft\">\n\t<div class=\"message-box-wrap\">\n\t\t\u25cf Getting the DGT Indonesian residence forms assisted\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-22157 kc-animated kc-animate-eff-fadeInRight\">\n\t<div class=\"message-box-wrap\">\n\t\t\u25cf Claiming PIC cash pay-out\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-770707 kc-animated kc-animate-eff-fadeInLeft\">\n\t<div class=\"message-box-wrap\">\n\t\t\u25cf Advising on stock options and plans for staff\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-903585 kc-animated kc-animate-eff-fadeInRight\">\n\t<div class=\"message-box-wrap\">\n\t\t\u25cf IRAS Advance tax ruling\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-887578 kc-animated kc-animate-eff-fadeInLeft\">\n\t<div class=\"message-box-wrap\">\n\t\t\u25cf GTP specialized tax advice and computations\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-844428 kc-animated kc-animate-eff-fadeInRight\">\n\t<div class=\"message-box-wrap\">\n\t\t\u25cf Tax efficient employment packages\t<\/div>\n<\/div>\n\n<div class=\"kc-elm kc-css-914168 divider_line\">\n\t<div class=\"divider_inner divider_line2\">\n\t\t<i class=\"et-attachment\"><\/i>\t<\/div>\n<\/div>\n<\/div><\/div><\/div><\/div><\/section><section class=\"kc-elm kc-css-755830 kc-animated kc-animate-eff-fadeInRight kc_row\"><div class=\"kc-row-container  kc-container\"><div class=\"kc-wrap-columns\"><div class=\"kc-elm kc-css-405842 kc_col-sm-12 kc_column kc_col-sm-12\"><div class=\"kc-col-container\">\n<div class=\"kc-elm kc-css-489127 kc-animated kc-animate-eff-fadeInDown kc-title-wrap \">\n\n\t<h2 class=\"kc_title section-title left\">Personal Tax<\/h2>\n<\/div>\n<div class=\"kc-elm kc-css-939197 kc_text_block\"><\/p>\n<p align=\"left\">For personal taxes, the tax year is the normal calendar year i.e. January 1 \u2013 December 31. Deadline for filing personal tax return is April 15 (April 18 for e-filing). Singapore Tax adopts a progressive personal tax rates, relative to an individual\u2019s amount of income.<\/p>\n<p>&nbsp;<\/p>\n<p align=\"left\">Singaporeans whose overseas employment is for a period of at least six months in any calendar year can choose to be treated as a non-resident for the year of assessment following the year of overseas employment. Foreign income received in Singapore is not subject to tax under certain conditions.<\/p>\n<p align=\"left\">\n<\/div><div class=\"kc-elm kc-css-220522\" style=\"height: 50px; clear: both; width:100%;\"><\/div>\n<div class=\"kc-elm kc-css-615864 kc-animated kc-animate-eff-fadeInRight kc-testimo kc-testi-layout-2\">\n\n\t<div class=\"content-title\">Our personal tax consultants can assist in various requirement and services relating to personal tax<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-511575 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t\u25cf Registration for new taxpayers\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-333910 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t\u25cf Preparation and filing of income tax return based on your income and determination of possible deductions and reliefs that are applicable to you\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-707513 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t\u25cf Request for extension of deadline, if necessary\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-35918 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t\u25cf Preparation of Form IR8A\/IR21 for employees\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-51134 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t\u25cf Tax planning as well as advice\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-554637 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t\u25cf Tax Residency & Personal Reliefs\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-639934 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t\u25cf Taxation of Allowances & Benefits-in-kind\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-789323 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t\u25cf Taxation of Equity Gains and ESOPs\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-610267 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t\u25cf Taxation of Director\u2019s Remuneration\/Fees\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-912755 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t\u25cf Payment & Refund of Tax\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-735046 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t\u25cf Special Schemes \u2013 NOR, Area Representative\t<\/div>\n<\/div>\n\n<div class=\"kc-elm kc-css-53042 divider_line\">\n\t<div class=\"divider_inner divider_line2\">\n\t\t<i class=\"et-attachment\"><\/i>\t<\/div>\n<\/div>\n<div class=\"kc-elm kc-css-988278 kc_row kc_row_inner\"><div class=\"kc-elm kc-css-466580 kc_col-sm-12 kc_column_inner kc_col-sm-12\"><div class=\"kc_wrapper kc-col-inner-container\">\n<div class=\"kc-elm kc-css-221134 kc-animated kc-animate-eff-fadeInDown kc-title-wrap \">\n\n\t<h2 class=\"kc_title section-title left\">GST<\/h2>\n<\/div>\n\n<div class=\"kc-elm kc-css-959793 kc-animated kc-animate-eff-fadeInRight kc-testimo kc-testi-layout-2\">\n\n\t<div class=\"content-title\">We offer the following GST services to meet our clients\u2019 needs and objectives:<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-955812 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t<i class=\"fa-star\"><\/i>GST return review to identify areas of non-compliance and opportunities\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-732478 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t<i class=\"fa-star\"><\/i>Advise on GST issues including imports and exports, international services, transfer of businesses, purchase and sale of real estate, etc.\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-73519 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t<i class=\"fa-star\"><\/i>Assist and advise on GST queries and\/or audits by the tax authorities\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-272884 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t<i class=\"fa-star\"><\/i>Advise and assist on Major Exporter Status applications\/renewals\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-999479 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t<i class=\"fa-star\"><\/i>Assist with claiming of pre-registration input tax claims\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-446886 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t<i class=\"fa-star\"><\/i>Review and e-filing of GST returns\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-894529 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t<i class=\"fa-star\"><\/i>Perform one-off GST return review\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-561548 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t<i class=\"fa-star\"><\/i>Perform GST health check reviews\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-958794 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t<i class=\"fa-star\"><\/i>Assisted Self-Help Kit (ASK) reviews for the application\/renewal of GST schemes\/voluntary disclosure of errors\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-823970 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t<i class=\"fa-star\"><\/i>Conduct GST training for the Company officers\t<\/div>\n<\/div>\n\n<div class=\"kc-elm kc-css-555296 divider_line\">\n\t<div class=\"divider_inner divider_line2\">\n\t\t<i class=\"et-attachment\"><\/i>\t<\/div>\n<\/div>\n\n<div class=\"kc-elm kc-css-383207 kc-animated kc-animate-eff-fadeInRight kc-testimo kc-testi-layout-2\">\n\n\t<div class=\"content-title\">GST Advisory<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-723652 kc-animated kc-animate-eff-fadeInRight\">\n\t<div class=\"message-box-wrap\">\n\t\t<i class=\"et-key\"><\/i>Advise on GST treatment of day-to-day business transactions\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-910059 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t<i class=\"et-key\"><\/i>Advise on GST implications of new business models or cross-border transactions\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-494168 kc-animated kc-animate-eff-fadeInRight\">\n\t<div class=\"message-box-wrap\">\n\t\t<i class=\"et-key\"><\/i>Perform due diligence reviews\t<\/div>\n<\/div>\n<div class=\"message-boxes kc-elm kc-css-587910 kc-animated kc-animate-eff-pulse\">\n\t<div class=\"message-box-wrap\">\n\t\t<i class=\"et-key\"><\/i>Advise on GST treatment for specific Industries\t<\/div>\n<\/div>\n<div class=\"kc-elm kc-css-85149\" style=\"height: 20px; clear: both; width:100%;\"><\/div>\n<div class=\"kc-elm kc-css-230048 divider_line\">\n\t<div class=\"divider_inner divider_line2\">\n\t\t<i class=\"et-attachment\"><\/i>\t<\/div>\n<\/div>\n\n<div class=\"kc-elm kc-css-98821 kc-animated kc-animate-eff-swing\">\n\t<a class=\"kc_button\" href=\"mailto:info@prubiz.com.sg\" target=\"_self\" title=\"\" onclick=\"\">\n\t\tWrite to us\t<\/a>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"kc-elm kc-css-511199 kc_row\"><div class=\"kc-row-container  kc-container\"><div class=\"kc-wrap-columns\"><div class=\"kc-elm kc-css-10172 kc_col-sm-12 kc_column kc_col-sm-12\"><div class=\"kc-col-container\"><div class=\"kc-elm kc-css-835272 kc_text_block\"><\/p>\n<p align=\"left\">\n<\/div><\/div><\/div><\/div><\/div><\/section><section class=\"kc-elm kc-css-418486 kc_row\"><div class=\"kc-row-container  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