Singapore tax guideCorporate tax
A flat 17%, lower in practice
Companies pay 17% on chargeable income, but exemptions on the first S$200,000 bring the effective rate down for smaller profits.
Partial tax exemption
For all companies.
75%exempt on the first S$10,000
50%exempt on the next S$190,000
Start-up exemption
First three YAs, qualifying new companies.
75%exempt on the first S$100,000
50%exempt on the next S$100,000
Large groups: from financial years starting on or after 1 January 2025, groups with revenue of €750m or more are topped up to a 15% minimum effective rate under Singapore's Pillar Two rules.
50%Corporate income tax rebate, YA 2026Changed 7 Apr 2026Enhanced to 50% on 7 April 2026. Rebate and cash grant together are capped at S$40,000; the S$2,000 cash grant requires eligibility.2
Withholding tax
Payments to non-residents
Domestic rates below. A tax treaty can reduce them.
Interest
15%
Royalties
10%
Dividends
0%
Technical & management fees
17%
Director's fees
24%
Rent of movable property
15%
FAQ
Common questions
Exemptions on the first S$200,000 and the YA 2026 rebate mean many small companies pay well under 17%.
30 November, for the previous financial year.