Guide: Moving to Singapore

Matthew Marcarian   |   21 Jun 2017   |   1 min read

Overview of Tax Residence Rules

The Singapore Tax Act classifies taxpayers as either residents or non-residents. This is important because residents and nonresidents are taxed in a different manner.

Note that the concept of “domicile” is not relevant for Singapore income tax liability. “Residence” is the relevant test and this is defined under Section 2 of the Singapore Tax Act.

The definition includes a “qualitative test” as an individual who “resides” in Singapore in the year preceding the year of assessment is regarded as a tax resident in Singapore.

This turns on a number of factors. The term ‘reside’ is not statutorily defined and therefore it is to be given its ordinary meaning when interpreting Singapore law.

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Determining Corporate Residency

Use our online tool to determine the corporate residency of your client's business.

Corporate Residency

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Determining Corporate Residency

Use our online tool to determine the corporate residency of your client's business.

Place of
Incorporation

Is the company incorporated outside Australia?

Determining Corporate Residency

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Central Management
and Control

Is the Central Management and Control
of the company exercised in Australia?

Determining Corporate Residency

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Carry on a Business

Does the company carry on a business in Australia?

Determining Corporate Residency

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Voting Power

Is the company's voting power controlled
by shareholders who are residents of Australia?

Determining Corporate Residency

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The company is an Australian Resident

Contact us for tailored international tax advice
regarding your client's specific situation.

Contact us for tailored international tax advice regarding your client's specific situation.

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Determining Corporate Residency

Use our online tool to determine the corporate residency of your client's business.

The company is not a resident
but it could be a CFC

Contact us for tailored international tax advice
regarding your client's specific situation.

Contact us for tailored international tax advice regarding your client's specific situation.

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Determining Corporate Residency

Use our online tool to determine the corporate residency of your client's business.

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