In Singapore, a tenant must pay a tax (surprise!) in addition to the monthly rent and deposit when signing the rental agreement. Otherwise known as stamp duty, it is payable if a tenant: For landlords, it is common to wonder if their tenants have paid their stamp duty in the tenancy agreement. Freight no, there is a way to find out if it is on the IRAS website. All you need is to get the reference number for the document and the stamp certificate. You must complete the E1A form of the IRAS website (estamping.iras.gov.sg/WebForms/FormSubmission/FRM0036.aspx) and submit it to be stamped by an IRAS officer. You are obliged to bear the stamp duty on the acceptance letter to the purchase or purchase and purchase option that you have executed (signed) for the purchase of a property under construction. All documents must be stamped within 14 days of the contract`s execution date. Do you use an agent to get in touch with the tenant and does the tenant also have an agent? If both are the case, it is advisable to let the agents process this part of the agreement. You can put in a rental document if the rent allocated under a rental agreement is increased. The duration of the lease and the parties to the lease must remain the same. Stamp duty must have been paid on the previously stamped rental document before the stamp can be made. The additional stamp duty is calculated on the increase in rent.

According to the IRAS, the party that is required to pay stamp duty is normally indicated in the agreement. After signing the rental agreement, the tenant is responsible for paying stamp duty so that the contract is binding and efficient. It is punishable to use a rental contract if its stamp duty has not been carried out. The authorities (and the landlord) can take action against tenants who do not pay on time or who are completely unaware of the payment. For leases, the tenant is required to pay stamp duty. The tenant can also ask his agent (if any) to support him if he is not familiar with the process. If tenants choose to stamp their own documents, they say they can do so via the IRAS website. You can also go to these service offices to do so personally. You can sign the agreement with your owner via the IRAS e-stamping portal. Rightly so, the tenants are the ones who pay stamp duty.

The party that is required to pay stamp duty is generally indicated in the agreements. For example, if you are renting a property, the rental agreement should indicate who should pay stamp duty. Source: IRAS. (It also applies that if you are good at negotiations, the landlord can refund or pay the stamp duty amount for you, but the payment should always be made on behalf of the tenant). I simplified the message in this article. Thank you for reporting it and for informing us! Having a great day 🙂 stamp duty is to pay a tax on documents related to the rental of real estate in Singapore such as lease or lease (TA). Technically, a rental agreement is required, which must be stamped before the tenant signs it.