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MPA informs Singapore-flagged ship owners on upcoming launch of One Maritime Portal

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  • by Admin
MPA announced launch of OMP for submission of the self-declaration form for withholding tax exemption on interest and related payments under the maritime sector incentive.
MPA Singapore ensign flag

The Maritime and Port Authority of Singapore (MPA) on Wednesday (17 January) issued Shipping Circular No. 1 of 2024 to inform Singapore-flagged ship owners regarding the launch of One Maritime Portal on 22 January 2024:

LAUNCH OF ONE MARITIME PORTAL FOR SUBMISSION OF SELF-DECLARATION FORM FOR WITHHOLDING TAX EXEMPTION ON INTEREST AND RELATED PAYMENTS UNDER THE MARITIME SECTOR INCENTIVE ON 22 JANUARY 2024

Subsequent to the circular “Introduction of One Maritime Portal for submission of Self-declaration form for Withholding Tax Exemption on interest and related payments under the Maritime Sector Incentive” dated 27 December 2023, we are pleased to inform that the One Maritime Portal (OMP) will be launched on 22 January 2024.

Transition of the Self-Declaration Form (SDF) submission process to OMP

Black-out period

With the above, the black-out period as previously communicated will be between 16 to 21 January 2024 (both dates inclusive). A diagrammatic illustration of the key dates for the transition to OMP is provided below:

Please be reminded that the SDF submission deadline by the 15th of the month following the first relevant payment due date remains unchanged. There will not be any extension of time for the submission of SDFs.

Onboarding details

CorpPass

Affected shipping enterprises that have yet to setup and assign the Users’ digital services in CorpPass are encouraged to do so before 22 January 2024. The CorpPass user guides and instructions to add OMP as a digital services in CorpPass provided in our earlier circular are reproduced here for your easy reference:

Corppass User guides

https://www.corppass.gov.sg/corppass/common/userguides

How to add OMP as a digital services in Corppass?

https://go.gov.sg/glz9pl

User Guide and FAQs

We have also prepared a comprehensive user guide and carefully curated a list of Frequently Asked Questions (FAQs) to facilitate the transition. Please refer to the following attachments:

User Guide: https://go.gov.sg/eikfwj 

FAQs: https://go.gov.sg/0whxj8 

We strongly encourage shipping enterprises to peruse through the materials provided to get familiarised with the interface and features of OMP. The user guide and/or FAQs will be updated with additional guidance and clarifications from time-to- time, where necessary.

Should you have any enquiries on this circular, please direct them to the Incentive Policy Department at [email protected].

 

Photo credit: Maritime and Port Authority of Singapore
Published: 18 January, 2024