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Singapore's position as a leading global wealth management hub has solidified in recent years, leading to an explosive growth in the number of Single Family Offices (SFOs). However, as the market environment evolves and regulatory requirements tighten, the Monetary Authority of Singapore (MAS) has significantly shifted its policy direction regarding the 13O and 13U tax incentive schemes. Moving away from a strategy of "scale expansion," MAS is now emphasizing "quality enhancement" and "economic substance.

As 2026 approaches, business owners in Singapore are facing a new season for Corporate Income Tax (CIT) filing. Understanding the latest tax policies, filing procedures, and available reliefs is crucial. The 2026 Budget introduced several adjustments to corporate income tax policies, further enhanced by subsequent ministerial statements, aiming to help businesses cope with cost pressures and improve cash flow.

CRS and FATCA: Singapore's Cornerstone for International Tax Compliance

According to the latest announcement by the Accounting and Corporate Regulatory Authority (ACRA), key provisions of the Act will commence on 6 May 2026. This article outlines the four most significant changes that directors and companies must prepare for.

On April 14, 2026, the Monetary Authority of Singapore (MAS) announced a tightening of its monetary policy, marking the first such adjustment since October 2022. This move is aimed at addressing imported inflationary pressures triggered by surging energy prices amid the Middle East crisis. By slightly increasing the rate of appreciation of the Singapore dollar nominal effective exchange rate (S$NEER) policy band, MAS seeks to leverage a stronger Singapore dollar to mitigate the impact of rising imported goods prices on domestic inflation .

MAS is drawing clearer lines around who can say what, how financial products may be promoted online, and where responsibility ultimately lies.