Corporate Tax in Singapore: What Companies and Startups Need to Know

Singapore’s corporate tax system is known for its low rates and generous exemptions, especially for startups and SMEs. But tax compliance still requires accurate financials, strategic planning and timely filing. In this article, we explain the full process, from ECI to Form C-S filing, and how to avoid common mistakes we see as an accounting services provider. Whether you're scaling a startup or managing an established business, understanding how corporate tax in Singapore works is key to running efficiently and staying compliant.

Business Formation, Corporate TaxAnna NorrissOctober 9, 2025

Payroll in Singapore

Managing payroll in Singapore involves more than just paying salaries. Employers must comply with CPF contribution rules, foreign worker levies and tax reporting obligations. Mistakes can lead to penalties, audits or reputational damage. This article outlines the most common payroll pitfalls and explains the responsibilities of hiring both local and foreign staff. Whether you’re onboarding your first employee or scaling your team, understanding payroll regulations is essential for operational success.

Business FormationAnna NorrissSeptember 8, 2025

COMPASS: The New Scoring System for Work Pass Applications in Singapore

Singapore's new work pass application scoring system, called COMPASS (Complementary Assessment Framework) is being launched in September 2023.

Business Formation, MOM Work PassesKatherine ChapmanMarch 7, 2023Business setup, Work Pass, HR

NEW! CSLB Q&A Clinics

We are expanding our services! The CSLB Clinic is now open to new clients. Each month, on the first and last Friday, we will be offering free 20-minute clinic sessions to help you move forward. Attend a session for answers and assistance with business-related issues and concerns you have about accounting, payroll, tax, and HR matters. Or work pass applications, advice, or support about your work pass renewal.

Singapore Employment Pass New Salary Criteria

As a part of MOM’s continuous review of the manpower needs to support the Singapore economy, MOM have issued a press release updating the employment pass (EP) salary criteria for foreigners to suit the current economic climate and further enhancing the Fair Consideration Framework for the retention and expansion of hiring local talent.

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