Does the foreign owner of a Singapore company legally withdraw the Singapore company’s profit after tax to his or her personal bank accounts ?

Singapore has single layer taxable racket. So, if a Singapore company had paid its tax obligations to the IRAS in Singapore, the company’s shareholders/owners are entitled to withdraw any net income after tax to their own personal accounts via bank transfer without any additional tax payments. Withholding tax is also not applicable to foreign owner/shareholder when excercising the withdrawal of the company’s taxable income after tax obligation.