Compliance with Tax Laws and Regulations

Hwa Seng Builder Pte Ltd is committed to complying with all applicable tax laws, regulations, and requirements in Singapore. The Company conducts its tax affairs with integrity and in accordance with internationally accepted tax principles. Our Tax Governance Framework has been approved at the senior management level and sets out our approach to tax compliance and risk management.

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Governance and Tax Risk Management

The Company has established governance structures, policies, and internal controls to identify, assess, and manage tax risks arising from its business operations. These processes support accurate and timely tax reporting and ensure that tax positions taken are appropriately documented. Significant tax matters are reviewed by senior management, and oversight is maintained to ensure adherence to the Company’s tax governance policies.

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Relationship with the Inland Revenue Authority of Singapore (IRAS)

Hwa Seng Builder Pte Ltd maintains an open, transparent, and cooperative relationship with the Inland Revenue Authority of Singapore. The Company engages proactively with IRAS on tax matters, provides full and accurate disclosure of relevant information, and voluntarily discloses and rectifies any tax reporting errors in a timely manner.

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Ongoing Review and Maintenance

The Tax Governance Framework is reviewed periodically to ensure it remains effective and aligned with regulatory requirements, business operations, and good tax governance practices.