When non resident company or individual derives an income from a Singapore source, a percentage of payment is withheld and paid to the IRAS.

Withholding tax is applicable to non-resident companies or individual for: 

• Income derived from a Singaporean source
• Services provided or work done in Singapore

The types of payments subject to wihholding tax: 

• Interests, commissions, and any other debt- or loan-related fees
• Royalty, rights of use, and intellectual property
• Management fees
• Services rendered
• Rent