Singapore

Local and foreign companies pay corporate tax at a rate of 17% on their chargeable income. A company is taxed on income accruing in or derived from Singapore and on foreign income received in Singapore; foreign income received in Singapore is taxed only if it belongs to an entity located in Singapore. A Singapore tax-resident company's specified foreign-sourced income (foreign-sourced dividends, foreign branch profits and foreign-sourced service income) can be exempt from tax when received in Singapore, if the qualifying conditions are met.

Goods and services tax (GST)：
Goods and Services tax (GST) on supplies of goods and services made in Singapore and on the import of goods is 9% 

The only exemptions to GST are prescribed financial services, sale or lease of residential properties, sale of digital payment tokens, and prescribed import and local supply of investment precious metals. Exports of goods and international services are zero-rated (subject to conditions).

For residential properties, owner-occupier tax rates range from 0% to 32% and non-owner occupier tax rates range from 12% to 36%. The tax rates depend on the annual value bands, which are subject to periodic revisions.
A one-off property tax rebate of 15% for public housing (HDB flats) and 10% (capped at SGD 500) for private properties is provided for owner-occupied residential properties in 2026.
For non-residential properties, such as commercial and industrial buildings and land, the tax rate is 10%.

Singapore does not have payroll withholding. When a non-Singapore citizen employee ceases employment in Singapore, leaves Singapore for an overseas posting, or leaves Singapore for a period exceeding three months, the employer needs to notify the Singapore tax authorities (Form IR21) at least one month in advance and withhold all monies due from the date it is aware of the cessation/departure until tax clearance is issued.

The FWL is a monthly levy that employers are liable to pay for each foreign employee (Work Permit or S Pass holders) hired. The levy rate depends on the employer’s industry and the ratio of foreigners to Singaporeans and permanent residents employed in the company.