Our team of tax professionals undertakes on the challenges to address our clients in direct and indirect taxes and reporting obligations effectively.
Our well experienced and trained tax team is committed to assist businesses and organizations in maximizing their benefits within the tax framework and in fulfilling their tax compliance obligations on a timely and efficient manner. In the process of our work, we also identify and advise our clients on potential tax risks and tax savings opportunities that may arise.
Corporate and individual tax services
At PWCO, our tax team offers you business specialist tax services and taxation advice regardless of your company size, sector or stage of growth. We believe in building long-term relationships built on understanding your unique needs, and we will work collaboratively with you to provide you with bespoke tax solutions that you can rely on.
As companies grow and expand their businesses globally, employees are also increasingly mobile – travelling for short/long term assignments overseas, hiring and relocation of expatriates/talented individuals to be based in Singapore. Individual income tax issues are becoming more complex especially compliance with multifaceted tax laws and manpower regulations.
Our range of taxation services covers corporate, personal, goods and service tax (GST), and international tax matters, and can help you maximise profit and efficiency through tax planning and risk mitigation. Our experienced team will keep you updated with regular changes to Singapore’s corporate and personal income tax structure.
Corporate Tax services
- Annual tax compliance, preparing and filing of ECL and tax return, attend to tax queries, tax audit or investigation issues
- Grants and tax incentives
- Advise and assist with obtaining of certificate of residence (COR)
- Advise and assist on withholding tax
- Review and advise on tax due diligent for merger, acquisition and divestment of business
- Review and advise on proper and adequacy of contemporaneous transfer pricing documentations are in place and maintained if transactions exceed certain thresholds
- Advising and structuring of new start up business transactions to manage/minimise GST costs and compliance
- Advising, preparing and filing GST compulsory/voluntarily registration, exemption from registration, group registration, de-registration, MES application, etc
Individual Tax services
- Assist with structuring remuneration packages to enhance tax efficiencies
- Reviewing and advising on employment contracts including CPF contributions and compliance matters, Benefits-in-kind and cash allowances, and Other related issues
- Tax planning equalisation and protection for inbound and outbound individuals
- Preparing and submitting of individual income tax
- Filing and review of individual annual tax return
- Preparing and filing employee’s remuneration and tax clearance for expatriates
- Assist with application of tax schemes for non-residents, such as Not Ordinarily Resident (NOR) and Area Representatives status
- Verifying and advising on assessments raised by IRAS
- Lodging objections and submission of appeals
- Attending to investigations and queries raised by IRAS
