The ongoing changes in the global mobility landscape constantly requires organisations to review and adjust their workforce arrangements. Singapore has unique tax and social security laws such as deemed exercise rule, short term traveller exemption and most employers will need professional assistance in managing the needs of their global workforce beyond the filing of their expatriate’s income tax returns to ensure that they are not caught out by double taxation, dry tax upfront on their equity or even misreporting of employment remuneration.
The Employer Solutions Team at Grant Thornton Singapore has the ability to take on complex work to deliver insightful solutions. These help employers and their expatriates to successfully implement global mobility policies and ensure global compliance in Singapore. The Team works closely with other specialists to ensure a joined-up approach, both domestically with other taxes (e.g. corporate tax) and other services (such as immigration) as well as globally. The Team offer comprehensive services tailored for various business needs and stages of a global mobility cycle from initial pre-tax planning and structuring to review of tax equalisation policies, global compliance coordination to immigration matters, and tax advice to tax filing compliance.
The Team is also equipped to support VIPs and senior moves as well as their families in managing their personal tax affairs and wealth structuring to develop tailored strategies that align with their long-term objectives, whether it involves estate planning, family office structuring, or navigating the complexities of multi-jurisdictional tax obligations. The Team provides expert guidance on Singapore tax efficiency, succession planning, and cross-border tax considerations, ensuring compliance while optimising financial outcomes.
Links to publications -
- https://www.grantthornton.sg/insights/doing-business-guide/doing-business-in-singapore/
- https://www.grantthornton.sg/insights/doing-business-guide/tax-facts/
- https://www.grantthornton.sg/insights/doing-business-guide/tax-facts-personal-income-tax/
- https://www.grantthornton.sg/insights/2024-insights/the-dark-side-of-employee-equity-schemes-in-singapore/
- https://www.grantthornton.sg/insights/cpf-rules-are-changing-in-september-time-to-review-your-payroll/
- https://www.grantthornton.sg/insights/unlocking-hidden-costs-of-employee-benefits/
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Contact us
Adrian Sham
Email: adrian.sham@sg.gt.com