Free Trade Agreements are treaties which make trade and investment between two or more economies easier. In addition to tariff elimination, the SAFTA provides a more open and predictable business environment across a range of areas in both countries.
DTAs serve to relieve the double taxation of income that is earned in one jurisdiction by a resident of another. The Singapore-Australia double tax agreement (DTA) provides relief from double taxation in the situation where income is subject to tax for both countries.
The provisions of the DTA apply to persons who are residents of one or both of the Contracting States. Please refer to IRAS for more information regarding the agreement between Singapore and Australia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
The CSP provides a framework to deepen engagement in various areas including four key pillars across Economics, Trade and Investment; Foreign Affairs, Defence and Security; People-to-People; and Science and Innovation.