Foreign income and assets

Residents must report foreign assets and income in their return. Missing it can attract heavy penalties, even when no tax is due.

What is included

  • Foreign assets schedule for bank accounts, shares, RSUs and property
  • Foreign income schedule
  • Foreign tax credit claimed with Form 67
  • RSU and ESPP valuation and vesting income
  • Exchange rate conversion as per the rules
  • Review of past years where reporting was missed

Who this is for

Residents with foreign bank accounts, RSUs or ESPPs from a foreign employer, or income earned abroad.

Documents we usually need

  • Foreign brokerage statements
  • Foreign bank statements
  • Payslips showing RSU vesting
  • Foreign tax returns or tax statements

The exact list depends on your case. We send a checklist made for you before we start.

How it works

  1. Share your detailsTell us what you need on WhatsApp, email or the enquiry form.
  2. Get a clear planWe confirm the scope, the documents needed and the timeline.
  3. We prepare, you reviewDrafts and computations are shared with you before anything is filed.
  4. Filed and documentedYou receive acknowledgements and a note on what happens next.

Not sure which service you need?

Tell us your situation. Our team of chartered accountants and company secretaries will point you to the right solution.

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