W8 and more – Invoicing an American client from a Singapore company

Mar 24

W8 and more – Invoicing an American client from a Singapore company

Singapore and the United States do not have a double taxation avoidance agreement (DTAA) in place. This lack of DTAA between the two major trading partners is likely by design for reasons which are beyond the scope of this piece, as the USA has taxation treaties with a number of countries where bilateral trade is smaller. Common...

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Invoicing an Indian client from a Singapore company – Startup FAQs

Mar 02

Invoicing an Indian client from a Singapore company – Startup FAQs

Singapore and India have had Double Taxation Avoidance Agreements since 1981, which has gone through revisions in 1994, 2005 and 2011. The latest revision to the DTAA is the third protocol, signed on 30 December 2016. Here are some commonly asked questions by Singapore companies with respect to taking advantage of the Singapore-India DTAA. Do note the...

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Applicability of Indian withholding tax to Singapore and Hong Kong service companies

Jan 15

Applicability of Indian withholding tax to Singapore and Hong Kong service companies

Is a foreign company selling services subject to Indian withholding tax? For a company in Singapore or Hong Kong selling services to an Indian client, an important question that affects your bottom line is whether such billing is subject to withholding tax in India. The simple answer is no, provided that the following conditions are met: Services...

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