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Tax Planning, Preparation & Dispute Resolution
Strategic, compliant, and commercially focused tax solutions for companies, funds, and individuals in Singapore.
Tax Planning, Preparation & Dispute Resolution
Strategic, compliant, and commercially focused tax solutions for companies, funds, and individuals in Singapore.
Eltoma (Singapore) Pte. Ltd. delivers comprehensive tax-support services covering direct and indirect taxation, from structuring and planning to return preparation and defending your position in disputes with the Inland Revenue Authority of Singapore (IRAS).
Who we assist:
- Local SMEs and corporates aiming to optimise tax efficiency while remaining compliant.
- Multinational groups integrating Singapore entities into global tax strategies.
- Investment funds and financial institutions requiring fund-friendly tax structuring.
- Family offices and high-net-worth individuals managing cross-border wealth.
- Start-ups and scale-ups seeking tax incentives and grant optimisation.
Our Services Include:
- Structuring entities and transactions to align with Singapore’s territorial taxation principle under the Income Tax Act 1947.
- Advising on tax incentives and exemptions such as the Pioneer Certificate Incentive, Development and Expansion Incentive, and Global Trader Programme.
- Cross-border structuring to leverage Singapore’s Double Taxation Agreements (DTAs) with 80+ jurisdictions.
- Group relief, loss carry-forward/back utilisation, and capital allowances optimisation.
- Transfer pricing compliance and documentation under the Income Tax (Transfer Pricing Documentation) Rules 2018.
- Tax considerations for mergers, acquisitions, disposals, and restructurings.
- Corporate income tax:
- Estimated Chargeable Income (ECI) preparation and timely submission.
- Annual Form C-S, C-S (Lite), or C filing, including full tax computation and supporting schedules.
- Goods and Services Tax (GST):
- Registration review (voluntary vs compulsory).
- Quarterly GST return preparation, filing, and reconciliation.
- Guidance on zero-rating exports and exempt supplies.
- Withholding tax (Section 45 obligations) for interest, royalties, service fees, and other payments to non-residents.
- Property tax guidance for companies owning real estate in Singapore.
- Personal income tax (for directors, expatriates, and shareholders) — filing Form B/B1, IR8A/IR21.
- Preparing responses to IRAS queries, reviews, and audits.
- Voluntary Disclosure Programme (VDP) submissions to regularise past tax errors and reduce penalties.
- Negotiating with IRAS on assessments and penalties.
- Board of Review and appeal support — preparing factual and legal arguments, liaising with counsel where required.
- Advising on potential judicial review where tax decisions appear unlawful or unreasonable.
How we deliver legal support:
- Initial review – understanding your structure, revenue streams, and compliance position.
- Gap analysis – identifying missed incentives, inefficient structures, or non-compliance risks.
- Action plan – step-by-step strategy for planning, preparation, or dispute resolution.
- Implementation – executing structural changes, preparing returns, or managing dispute submissions.
- Ongoing monitoring – tracking law changes, incentives, and risk areas affecting your profile.
How it works?
We work hard every day to make life of our clients better and happier
- Initial reviewUnderstanding your structure, revenue streams, and compliance position.
- Our maGap analysisIdentifying missed incentives, inefficient structures, or non-compliance risks.
- Action planStep-by-step strategy for planning, preparation, or dispute resolution.
- ImplementationExecuting structural changes, preparing returns, or managing dispute submissions.
- Ongoing monitoringTracking law changes, incentives, and risk areas affecting your profile.
Compliance note:
- Income Tax Act 1947 – governs direct taxation, exemptions, DTAs, and territorial taxation scope.
- Goods and Services Tax Act 1993 – sets out GST obligations, exemptions, and zero-rating rules.
- Stamp Duties Act 1929 – applicable to property and share transfers.
- IRAS e-Tax Guides – interpretative guidance for compliance and planning.
- Singapore case law (e.g., Comptroller of Income Tax v HY [2006] 2 SLR(R) 405) – clarifying income source and taxation principles.
Deliverables:
- Tax planning memorandum tailored to your business and transactions.
- Completed and filed returns with full supporting schedules.
- Dispute case file with all correspondence, legal arguments, and documentary evidence.
- Compliance calendar tracking all IRAS, GST, and withholding deadlines.
- Post-engagement briefing summarising changes, risks, and recommendations.
Why choose Eltoma for Legal Support?
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Integrated approach – tax planning aligned with your accounting, legal, and corporate structure. - Territorial taxation expertise – ensuring only Singapore-sourced income is taxed (where applicable).
- Strong IRAS experience – proven track record in voluntary disclosures, audits, and appeals.
- Cross-border awareness – leveraging DTAs and avoiding double taxation.
- Clear, actionable advice – no jargon, just commercially relevant solutions.
FAQs:
- No — we also assist with GST, withholding tax, and personal tax for company directors, shareholders, and expatriates.
- We handle factual and technical submissions directly to IRAS; where legal representation is required, we coordinate with regulated Singapore law practices.
- Yes — we assess whether foreign-sourced income is taxable under the Income Tax Act and the relevant exemptions.
- Yes — we work from your accounting records and make necessary adjustments to comply with tax legislation.
- Yes — especially where tax treatment of fund structures intersects with MAS licensing and investor documentation.
| | Looking to optimise your tax position or resolve an IRAS matter?
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