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Singapore Non-Resident Taxation and Exemptions
Who is a Non-Resident?You are considered a foreign non-resident if you are an individual exercising anyprofession or vocation inSingaporefor less than 183 days in a year under a contract forservice.Non-Resident Tax ExemptionsAs a non-resident, you will be exempted from paying income tax if you have beenemployed for 60 days or less in a calendar year.However, this rule does not apply if you are a director, public entertainer or exercising a profession inSingapore.Non-residents will be taxed only on income earned inSingapore.They are unable toclaim for personal relief.Non-residents will be taxed on their employment income at a flat rate of 15% or theresident rates, depending on which gives rise to higher tax.For director's fees andincome other than employment, they will be taxed at a flat rate of 20% from Year of Assessment 2005.They are also exempted from tax on remittances made toSingapore.
SingaporeNon Resident Tax RatesCategoryYA 2005 (%)
Employees RemunerationStay inSingaporemore than 60 days but less than 183 days StayLess than60 days15.0ExemptEntertainer Income15.0Other Taxable Income20.0Capital Gains TaxNoneRoyaltyNote: *10% effective1 Jan 200515.0 *Copyright2.0Directors' Remuneration20.0Interest15.0Management Fees20.0Professional Fees15.0International Arbitrators Fees0.0
FAQs SingaporeNon-Resident TaxQ:
I am engaged by a foreign consulting firm to render my services inSingapore. Willmy consultation fees be taxed inSingaporeif the fees are paid to me outsideSingapore?
A:
Yes. You are liable to pay Singaporetax for the professional services renderedinSingapore. It does not matter where you are paid.
Q:
I am invited by a government body/Ministry inSingaporeto conduct seminars/workshops inSingapore. Is my income taxable?
A:
You will be taxed on the income derived fromSingaporeunless it is exempted fromtax.
Q:
I am a visiting professional. Will I be exempt from tax if I render my services for notmore than 60 days in the calendar year inSingapore?
A:
Thetax exemption for short-term employmentof 60 days or less does not apply tovisiting non-resident professionals who exercise their profession inSingapore. Onlyvisiting non-resident professionals who are employees would qualify for the exemption.
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