Singapore companies pay a flat 17% corporate tax rate.
PTE: 75% exemption on first $10,000 + 50% exemption on next $190,000 of chargeable income.
Corporate Tax Payable
$16,575.00
Profit After Tax
$183,425.00
Headline Rate
17.0%
Effective Rate
8.3%
Key facts about corporate tax in Singapore
Flat 17% corporate tax rate
Singapore has a headline corporate tax rate of 17%, one of the lowest in Asia. This applies to all companies -- both local and foreign -- on income sourced in or remitted to Singapore. The territorial basis of taxation means foreign-sourced income is generally not taxed unless remitted.
Partial Tax Exemption (PTE)
All companies in Singapore qualify for the Partial Tax Exemption scheme: 75% exemption on the first $10,000 and 50% exemption on the next $190,000 of chargeable income. This can reduce the effective rate to as low as 4.25% for companies with $10,000 in chargeable income.
One-tier tax system
Singapore operates a one-tier corporate tax system where tax paid by the company on its chargeable income is the final tax. Dividends paid to shareholders are not taxed again, making Singapore an attractive jurisdiction for business and investment.
IRAS-Aligned: This calculator uses the official IRAS corporate tax rate and partial exemption scheme for YA 2025/26. For complex tax situations, consult a qualified tax professional.
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Disclaimer: This calculator provides estimates based on current HMRC rates and thresholds for the 2025/26 tax year. It does not constitute professional tax, financial, or legal advice. Your actual liability may differ depending on your individual circumstances. Always consult a qualified accountant or tax adviser before making financial decisions. Read our terms