🇸🇬 Singapore
SG / SGP #175
Nomad Score
68.0
Cities
6
🇸🇬 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.
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
Participation Exemption
Territorial Exemption
📊 INCOME TAX BRACKETS
Personal income
| Bracket Min | Bracket Max | Rate % | USD Equivalent |
|---|---|---|---|
| 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 | Type | Rate/Amount | Duration | Status |
|---|---|---|---|---|
|
Pioneer Certificate Incentive (PC)
Tax exemption on qualifying income for companies engaged in pioneering activitie... |
Exemption | 0.0% | 15yr | Active |
|
Development & Expansion Incentive (DEI)
Reduced CIT rate of 5% or 10% on qualifying income for companies undertaking sub... |
Flat rate | 5.0% | 10yr | Active |
🏠 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
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