Digital Nomad
Digital Nomads in Singapore: What You Need to Know About Multinational Minimum Tax and ASGD ID Changes
From 2025, Singapore’s global tax rules tighten and estates/trusts get new IDs—how this affects digital nomads and remote workers.
By NomadicTax Research Team • 5-8 min read • August 12, 2026
## Global Minimum Tax and Top-Up Regime in Singapore (Effective from YA 2025)
Singapore’s **Multinational Enterprise (Minimum Tax) Act 2024** introduces two key elements:
- **Income Inclusion Rule (IIR)**: brings in foreign income of global groups exceeding EUR 750 million if they fall below minimum tax standards.
- **Qualified Domestic Minimum Top-Up Tax (QDMTT)**: ensures local entities align with minimum tax benchmarks.
These changes apply starting **1 January 2025** and require global enterprises to adjust Scope definitions, definitions of **flow-through entities**, and other compliance mechanics. ([iras.gov.sg](https://www.iras.gov.sg/docs/default-source/uploadedfiles/pdf/multinational-enterprise-top-up-tax-and-domestic-top-up-tax---consolidated-updates-and-amendments.pdf?Status=Master&sfvrsn=f444d004_6&utm_source=openai))
## ASGD ID Change for Trusts, Estates & Unit Trusts—What Digital Nomads Should Know
- From **January 2027**, IRAS will no longer accept the old ITR ID for Estates, Trusts, and Unit Trusts. Only the new **ASGD ID** will be valid. ([iras.gov.sg](https://www.iras.gov.sg/taxes/other-taxes/trusts/change-of-tax-reference-numbers-for-estates--trusts--unit-trusts/change-of-tax-reference-numbers-for-estates--trusts--unit-trusts?utm_source=openai))
- If you’re a digital nomad involved with managing family trusts, inheritance, or owning property in Singapore, you may be dealing with such entities—ensure relevant documentation reflects the new ID.
## Action Points for Digital Nomads or Remote Workers Engaged Internationally
| Area | Action | Why It Matters |
|---|---|---|
| Set-Up of Foreign Entities | If owning overseas entities or being part of a global group, verify whether your structure is a Flow-Through Entity (FTE) or Reverse Hybrid, as those affect your minimum tax exposure. ([iras.gov.sg](https://www.iras.gov.sg/docs/default-source/uploadedfiles/pdf/multinational-enterprise-top-up-tax-and-domestic-top-up-tax---consolidated-updates-and-amendments.pdf?Status=Master&sfvrsn=f444d004_6&utm_source=openai)) | To know whether you must pay top-up tax or be under IIR. |
| Trusts and Estates | Update your trust’s tax reference numbers (if in Singapore) to ASGD ID once notified. Match documents etc. after Jan 2027. | To ensure e-Filing compatibility and avoid rejected filings. |
| Income Reporting | For trusts or foreign property income, ensure income inclusion under IIR if meets threshold. | Minimises risk of penalties or unexpected tax bills. |
## Example Scenario
> *Sarah* is a digital nomad living in Southeast Asia. She’s part of a UK company (global revenue over EUR 750 million) and uses a Singapore trust to hold some assets. Under IIR and QDMTT, her Singapore trust could become subject to top-up tax. Also, when filing for her trust estate she has to use the new **ASGD ID** by 2027.
For digital nomads with international structures, keeping up to date with minimum tax rules and identity changes at the entity level is critical—not just to stay compliant, but to plan tax efficiently in a changing global landscape.