Country tax profile · 2026
Singapore corporate tax
How Singapore taxes corporate
The standard corporate profits tax in Singapore is 17%. Flat 17%. Partial exemption (75% of first SGD 10k, 50% of next SGD 190k) and start-up exemption reduce effective rate. Foreign income generally not taxed unless received in Singapore.
Compiled by MyNomadWorld for Singapore and currently being re-verified against primary sources. Confirm with a local adviser before relying on it.
How Singapore's corporate tax compares
Singapore's corporate tax of 17% is the 132nd highest of the 180 countries we track, against a global average of 21.2% and a Asia average of 19.2%.
Countries with a similar corporate tax
Lithuania (17%) · Lebanon (17%) · Hong Kong (16.5%) · Tajikistan (18%) · Romania (16%) · Croatia (18%)
Who is a tax resident of Singapore?
Physically present or exercising employment in Singapore for at least 183 days in a calendar year.
Related Singapore taxes
Moving to Singapore?
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What is the corporate tax rate in Singapore?
The standard corporate profits tax in Singapore is 17%. Flat 17%. Partial exemption (75% of first SGD 10k, 50% of next SGD 190k) and start-up exemption reduce effective rate. Foreign income generally not taxed unless received in Singapore.