Crypto Tax Accountant in Singapore

Professional crypto tax reporting, advisory, and compliance support for investors, traders, and blockchain businesses in Singapore.

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Cryptocurrency Use and Tax Exposure
in Singapore

Singapore is one of the most crypto-friendly countries in Asia, and its residents have increasingly adopted digital currencies for investing, trading, and even as a means of payment. The Monetary Authority of Singapore (MAS) has been clear in its regulatory stance, allowing crypto activities while ensuring that they remain compliant with anti-money laundering (AML) and combating the financing of terrorism (CFT) standards. However, Singapore does not impose taxes on crypto capital gains and treats crypto as property rather than currency.

Despite the favorable regulatory environment, individuals and businesses involved in crypto activities must ensure compliance with GST (Goods and Services Tax) regulations and report any crypto income, trading gains, or DeFi earnings. It is important for crypto investors and businesses to stay compliant with these laws to avoid any penalties.

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Crypto Trading (Domestic & International)

Trading on local and global exchanges requiring accurate tracking and documentation.

Crypto Mining & Business Income

Mining-related activity tracked for business income reporting and compliance.

DeFi Activity

Staking, liquidity farming, and yield activity reconciled properly.

NFT Transactions

NFT trades, mints, royalties, and holdings documented for reporting.

Cross-Border Transactions & Remittances

International movements and conversions reviewed for compliance and GST exposure.

Singapore map

Crypto Tax Accounting Services
in Singapore

Block3 Finance offers specialized crypto tax accounting services for individuals, businesses, and blockchain entrepreneurs in Singapore. Our team helps you navigate the complexities of crypto tax filings, ensuring compliance with Singapore’s GST regulations and business income tax reporting. Whether you are a trader, a miner, or an investor, we help ensure your crypto activity is correctly reported.

  • Crypto tax filing and advisory
  • Capital gains reporting for crypto transactions
  • Crypto bookkeeping and transaction reconciliation
  • DeFi income and staking rewards reporting
  • NFT accounting and transaction reporting
  • Cross-border crypto tax services for Singapore residents
  • GST compliance and reporting for crypto businesses
  • Koinly crypto tax software integration
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Who We Support in Singapore

Our clients in Singapore include crypto traders, investors, miners, and Web3 startups. Block3 Finance offers tailored services for each client type, ensuring that your crypto taxes are reported accurately and in compliance with local laws.

Crypto Traders

Managing a high volume of trades and diverse crypto assets.

Freelancers & Remote Workers

Receiving crypto payments for work across the globe.

Crypto Miners

Ensuring mining income is reported properly and tax obligations are met.

NFT Creators and Investors

Trading, creating, and holding NFTs in Singapore.

Blockchain Entrepreneurs

Running decentralized businesses and requiring blockchain tax compliance.

Countries We Serve in Crypto Tax Accounting

We provide crypto accounting services across the globe through secure remote processes and audit-ready reporting.

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Our Crypto Tax Review Process

  • Review tax residency status, international exposure, and income sources
  • Import crypto data from exchanges, wallets, DeFi platforms, and NFT marketplaces
  • Reconcile transactions and correct missing or inaccurate records
  • Classify crypto activity accurately as capital gains or business income
  • Prepare compliant tax returns for submission

STEP 1

Review Tax Residency & Exposure

We review tax residency status, international exposure, and income sources to set the right compliance and reporting approach.

Our Crypto Tax Review Process

  • Review tax residency status, international exposure, and income sources
  • Import crypto data from exchanges, wallets, DeFi platforms, and NFT marketplaces
  • Reconcile transactions and correct missing or inaccurate records
  • Classify crypto activity accurately as capital gains or business income
  • Prepare compliant tax returns for submission

STEP 2

Import Your Crypto Data

We import activity from exchanges, wallets, DeFi platforms, and NFT marketplaces to build a complete transaction history.

Our Crypto Tax Review Process

  • Review tax residency status, international exposure, and income sources
  • Import crypto data from exchanges, wallets, DeFi platforms, and NFT marketplaces
  • Reconcile transactions and correct missing or inaccurate records
  • Classify crypto activity accurately as capital gains or business income
  • Prepare compliant tax returns for submission

STEP 3

Reconcile & Correct Records

We reconcile transactions and fix missing or inaccurate entries so your reporting is complete, consistent, and defensible.

Our Crypto Tax Review Process

  • Review tax residency status, international exposure, and income sources
  • Import crypto data from exchanges, wallets, DeFi platforms, and NFT marketplaces
  • Reconcile transactions and correct missing or inaccurate records
  • Classify crypto activity accurately as capital gains or business income
  • Prepare compliant tax returns for submission

STEP 4

Classify Activity Correctly

We classify activity properly (capital gains vs business income) and document the rationale to support compliant reporting.

Our Crypto Tax Review Process

  • Review tax residency status, international exposure, and income sources
  • Import crypto data from exchanges, wallets, DeFi platforms, and NFT marketplaces
  • Reconcile transactions and correct missing or inaccurate records
  • Classify crypto activity accurately as capital gains or business income
  • Prepare compliant tax returns for submission

STEP 5

Prepare Compliant Returns

We prepare compliant reports and filings with audit-ready documentation aligned with Singapore reporting requirements and GST considerations.

Why Clients in Singapore Choose Block3 Finance

Clients in Singapore choose Block3 Finance because we specialize in cross-border crypto tax compliance and GST reporting for crypto activities. Our expert team ensures that all transactions are properly documented and that your crypto tax filings are accurate, timely, and compliant.

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Cross-Border Tax Expertise

Support for international exposure and cross-border compliance considerations.

DeFi & NFT Reporting

Complex DeFi and NFT activity reconciled, classified, and reported accurately.

Capital Gains & Business Income Optimization

Accurate classification and documentation to optimize your reporting position.

Guidance for High-Volume & Web3 Startups

Expert guidance for high-volume traders and blockchain startups with complex reporting needs.

Clients We Have
Worked With

We work with a range of clients in Singapore, from individual crypto traders to large blockchain companies. Our clients rely on us for audit-ready reports, accurate tax filings, and compliance with both local and international regulations.

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Podcasts and Media

Our team regularly shares insights on crypto taxation, blockchain accounting, and DeFi reporting through podcasts, blogs, and media appearances. We keep our clients informed about the latest regulatory developments and tax requirements.

Crypto Taxes in Canada - Interview With A Crypto Tax Specialist In Canada (Episode 3)

Crypto Taxes in Canada - Interview With A Crypto Tax Specialist In Canada (Episode 3)

Listen Now
Cryptocurrency Taxation in US — Interview With A Crypto Tax Specialist in Canada #2

Cryptocurrency Taxation in US — Interview With A Crypto Tax Specialist in Canada #2

Listen Now
The MASSIVE Changes Coming to Canadian Crypto Tax Rules! | Block3 Finance Deep Dive

The MASSIVE Changes Coming to Canadian Crypto Tax Rules! | Block3 Finance Deep Dive

Listen Now
Crypto Taxes in Canada - Interview With A Crypto Tax Specialist In Canada (Episode 1)

Crypto Taxes in Canada - Interview With A Crypto Tax Specialist In Canada (Episode 1)

Listen Now
Crypto Accounting & Taxes Explained | Real Insights from Block3’s CEO

Crypto Accounting & Taxes Explained | Real Insights from Block3’s CEO

Listen Now
Our CEO Answered Top Crypto Questions in Exclusive Interview — Episode #2

Our CEO Answered Top Crypto Questions in Exclusive Interview — Episode #2

Listen Now
Exclusive Interview with @cryptoforcanadians

Exclusive Interview with @cryptoforcanadians

Listen Now
2025 Crypto Tax Guide — with @cryptoforcanadians

2025 Crypto Tax Guide — with @cryptoforcanadians

Listen Now
Singapore

Managing Crypto Risk
in Singapore

Crypto activity in Singapore requires careful tax planning and accurate reporting. Block3 Finance helps clients reduce audit risk and ensure that their crypto transactions are fully compliant with local laws and international tax regulations.

  • Compliant Crypto Tax Filings

    Audit-ready documentation and compliant reporting aligned with Singapore rules.

  • DeFi Tax Reporting

    Classification and reporting support for staking, yield farming, and liquidity activity.

  • Capital Gains & NFT Optimization

    Accurate tracking and reporting for complex NFT and investment activity.

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Events We Have
Attended

Block3 Finance participates in key blockchain and crypto events to stay ahead of industry trends and regulatory changes. These events help us ensure we offer the best advice to our clients.

Talk to a Crypto Tax Accountant in Singapore

If you're a resident or business owner in Singapore involved in cryptocurrency, book a free consultation with one of our crypto tax experts. We’ll help you navigate crypto tax filing, DeFi reporting, and ensure compliance with local and international regulations.

Book Free Consultation

FAQs: Crypto Tax Accountant in Singapore

In Singapore, cryptocurrency is not subject to capital gains tax. However, Goods and Services Tax (GST) applies to certain crypto transactions for businesses, but GST on digital payment tokens (including cryptocurrencies) was exempted from 2020. For crypto-related income such as trading, mining, or business use, income tax applies. A crypto tax accountant can ensure compliance with income tax laws and GST obligations for businesses.

Yes. If you are involved in crypto trading, crypto mining, or earning crypto income, you need to report your activities to the Inland Revenue Authority of Singapore (IRAS). While there is no capital gains tax, crypto transactions must be documented for compliance with GST regulations and income tax laws.

In Singapore, crypto is treated as property rather than currency. Crypto capital gains are not taxed, but income tax applies to crypto earnings. GST is applicable to crypto transactions for businesses. Block3 Finance helps you ensure that your crypto activities are correctly categorized and reported to meet IRAS requirements.

Yes, crypto miners in Singapore must report their income. Mining profits are considered business income and are subject to income tax. Block3 Finance assists miners in tax reporting and ensures that mining earnings are accurately reported.

DeFi activities such as staking, yield farming, and liquidity pools are subject to income tax. Profits or rewards received from DeFi platforms must be reported as either business income or capital gains, depending on the activity. Block3 Finance helps you track and report DeFi income for tax compliance.

NFT transactions are subject to capital gains tax when sold for a profit. If you're creating, trading, or earning royalties from NFTs, these profits may be classified as business income. We help ensure your NFT activities are properly reported in line with Singapore tax laws.

Yes, if you receive crypto payments for freelance work, this income is taxable under income tax laws in Singapore. Block3 Finance assists freelancers in crypto income reporting, ensuring that payments received in cryptocurrency are properly accounted for.

Cross-border crypto transactions may have tax implications if they involve income or profits generated from foreign exchanges or international crypto businesses. Block3 Finance ensures that cross-border crypto transactions are properly reported for global tax compliance and GST reporting.

Yes. Block3 Finance helps Singapore residents who have U.S. tax obligations (e.g., U.S. citizens, Green Card holders, or those earning income from U.S.-based sources) with crypto tax reporting. We provide audit-ready crypto tax reports to ensure compliance with both Singapore's tax regulations and U.S. tax reporting requirements.

Start by booking a free consultation with Block3 Finance. Our crypto tax experts will review your crypto transactions, explain your reporting obligations, and help you navigate the process of filing accurate crypto tax returns for compliance with Singapore’s tax laws.

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