Top income tax
24.0%
Territorial system
Corporate tax
17.0%
GST
9.0%
standard rate
Tax residency
183 days
90 tax treaties
Singapore tax profile
Data year: 2026
- Tax system
- Territorial Territorial tax system - only Singapore-sourced income and foreign income remitted to Singapore is taxed. Foreign-sourced income (dividends, branch profits, service income) remitted may be exempt if conditions are met.
- Top PIT rate
- 24.0%
- Corporate tax rate
- 17.0%
- GST
- 9.0%
- Capital gains tax
- No Capital Gains Tax
- Social security (employee)
- 20.0%
- Social security (employer)
- 17.0%
- Dividend withholding
- 0.0%
- Interest withholding
- 15.0%
- Royalty withholding
- 10.0%
- Treaty count
- 90
Income tax brackets
Personal income
| Bracket min | Bracket max | Rate |
|---|---|---|
| SGD 0 | SGD 20,000 | 0.0% |
| SGD 20,000 | SGD 30,000 | 2.0% |
| SGD 30,000 | SGD 40,000 | 3.5% |
| SGD 40,000 | SGD 80,000 | 7.0% |
| SGD 80,000 | SGD 120,000 | 11.5% |
| SGD 120,000 | SGD 160,000 | 15.0% |
| SGD 160,000 | SGD 200,000 | 18.0% |
| SGD 200,000 | SGD 240,000 | 19.0% |
| SGD 240,000 | SGD 280,000 | 19.5% |
| SGD 280,000 | SGD 320,000 | 20.0% |
| SGD 320,000 | SGD 500,000 | 22.0% |
| SGD 500,000 | SGD 1,000,000 | 23.0% |
| SGD 1,000,000 | and above | 24.0% |
Special regimes (2)
| Name | Rate/amount | Duration | Status |
|---|---|---|---|
| Pioneer Certificate Incentive (PC) Tax exemption on qualifying income for companies engaged in pioneering activitie... | 0.0% | 15yr | Active |
| Development & Expansion Incentive (DEI) Reduced CIT rate of 5% or 10% on qualifying income for companies undertaking sub... | 5.0% | 10yr | Active |
Tax flags
Participation Exemption
Territorial Exemption
Tax residency
- Days threshold
- 183 days
- Residency rules
- Tax resident if physically present or exercising employment in Singapore for 183 days or more in a calendar year. Also resident if ordinarily resident in Singapore.
- Exit tax
- No
- CFC rules
- No
Filing information
- Fiscal year
- 01-01 – 12-31
- Filing deadline
- April 15
Sources
- IRAS individual income tax rates YA 2026 (accessed May 3, 2026)
- IRAS Singapore (accessed Mar 23, 2026) Official individual income tax rates
- PwC Worldwide Tax Summaries - Singapore (accessed Mar 23, 2026) PIT brackets, CIT, GST, withholding rates