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Epica FAQ Series

What personal taxes must I pay on the basis of my declared salary?

Income Tax

What personal taxes must I pay on the basis of my declared salary?

As a Resident in Singapore, you are a tax resident of the country. There is no personal income tax on chargeable income up to $20,000. Personal income tax rate increases with the increase in chargeable income, and it does not exceed 22%.

Kindly refer to our resource page of Personal Income Tax in Singapore for more information on the topic.

Foreigner Package

New Company Setup

S$2,600
S$4,000

Local Package

New Company Setup

S$1,100
S$1,700

Transfer Package

Existing Company

S$1,000
S$1,500

Singapore Branch

New Branch Setup

S$4,000
S$5,000

Representative Office

New Setup

S$2,500
S$3,000

BVI Company

Singapore Bank Account

US$2,200
US$3,000

Accreditations and Partners

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