The Corporate Tax Rate in Singapore stands at 17 percent. Corporate Tax Rate in Singapore averaged 19.61 percent from 1997 until 2024, reaching an all time high of 26.00 percent in 1998 and a record low of 17.00 percent in 2010. source: Inland Revenue Authority of Singapore

Corporate Tax Rate in Singapore is expected to reach 17.00 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Corporate Tax Rate is projected to trend around 17.00 percent in 2026, according to our econometric models.




Related Last Previous Unit Reference
Corporate Tax Rate 17.00 17.00 percent Dec 2024
Personal Income Tax Rate 24.00 24.00 percent Dec 2024
Sales Tax Rate 7.00 7.00 percent Dec 2024
Social Security Rate 37.00 37.00 percent Dec 2024
Social Security Rate For Companies 17.00 17.00 percent Dec 2024
Social Security Rate For Employees 20.00 20.00 percent Dec 2024
Withholding Tax Rate 15.00 15.00 percent Dec 2024

Singapore Corporate Tax Rate
In Singapore, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Singapore.
Actual Previous Highest Lowest Dates Unit Frequency
17.00 17.00 26.00 17.00 1997 - 2024 percent Yearly