Key Impacts of Singapore's 2025 Budget on Businesses
An analysis of the latest Singapore budget announcements and their implications for corporate taxation and business incentives.
Read MoreOptimize your tax strategy, minimize liabilities, and ensure compliance with Singapore's tax regulations through our specialized financial consulting services.
Schedule ConsultationFounded in 2015, Axurio has established itself as a trusted partner for businesses navigating Singapore's complex tax landscape. Our team of experienced consultants combines deep local knowledge with global expertise.
We help businesses of all sizes optimize their tax positions while ensuring full compliance with Singapore's tax regulations. Our client-focused approach means we work closely with you to develop tailored strategies that align with your business goals.
Clients Served
Tax Savings
Years Experience
Singapore offers numerous tax incentives including the Productivity and Innovation Credit (PIC), tax exemption for start-ups, Global Trader Programme, Regional Headquarters Award, Development and Expansion Incentive, and Investment Allowance. Each has specific eligibility criteria and benefits. Our team can help determine which incentives your business qualifies for and assist with the application process.
We recommend reviewing your tax strategy at least annually, ideally before the end of your financial year. Additionally, reviews should be conducted whenever there are significant changes to your business (such as expansion, diversification, or restructuring), changes in tax legislation, or major economic shifts. Regular reviews ensure your strategy remains optimized and compliant with current regulations.
For Singapore tax compliance, businesses should maintain comprehensive financial records including source documents (invoices, receipts, bank statements), accounting records (journals, ledgers), financial statements, tax computation workings, transfer pricing documentation (if applicable), and GST records. Singapore requires businesses to keep records for at least 5 years. Our team can provide specific guidance on documentation requirements for your business type.
To minimize transfer pricing risks, develop and implement a robust transfer pricing policy that adheres to the arm's length principle. Maintain comprehensive contemporaneous transfer pricing documentation that meets Singapore's requirements. Consider advance pricing arrangements (APAs) for significant or complex transactions. Regularly review and update your transfer pricing approach as business circumstances change. Our specialists can help develop compliant transfer pricing strategies and documentation.
Expanding to Singapore offers numerous tax advantages including a competitive corporate tax rate of 17%, extensive tax treaty network, territorial tax system, no capital gains tax, and various incentives for qualifying activities. Key considerations include entity structure selection, transfer pricing compliance, GST registration requirements, and potential qualification for tax incentives. Our team specializes in helping businesses optimize their entry strategy into Singapore.
Head of Corporate Tax
Former IRAS senior officer, Michael brings invaluable insights into corporate tax compliance and strategic planning for businesses of all sizes.
International Tax Director
Specializing in cross-border taxation and transfer pricing, Priya helps multinational clients navigate complex international tax requirements.
GST & Indirect Tax Specialist
With extensive experience in GST compliance and planning, David helps clients optimize their indirect tax positions and ensure regulatory compliance.
A Singapore-based tech startup approached us facing challenges with rapid growth and international expansion. We implemented a comprehensive tax strategy leveraging start-up tax exemptions, R&D incentives, and intellectual property planning.
Tax Savings
Effective Tax Rate Reduction
A multinational manufacturing company with operations in Singapore sought to optimize its group structure after years of expansion. We designed and implemented a corporate restructuring plan that aligned with their operational needs while maximizing tax efficiency.
Annual Tax Savings
Reduction in Compliance Burden
Comprehensive guide to Singapore's tax system, rates, and recent changes affecting businesses and individuals.
Download GuideDetailed overview of Singapore's transfer pricing requirements, documentation standards, and compliance best practices.
Download GuideStay on top of filing deadlines and compliance requirements with our comprehensive tax calendar for Singapore businesses.
Download GuideAnswers to common questions about Singapore taxation, including corporate, GST, and international tax matters.
Download GuideAn analysis of the latest Singapore budget announcements and their implications for corporate taxation and business incentives.
Read MoreHow Singapore's tax framework is adapting to digital business models and what online businesses need to know about compliance.
Read MoreHow the latest OECD tax initiatives affect Singapore's competitive position and what multinational corporations should prepare for.
Read MoreStrategic tax planning to minimize corporate tax liabilities while ensuring compliance with Singapore's tax regulations. We help structure your business operations to take advantage of available tax incentives and exemptions.
Learn MoreComprehensive GST services including registration, filing, compliance reviews, and strategic advice on GST-efficient business structures. We help you navigate complex GST regulations and identify potential GST recovery opportunities.
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