Does Singapore offer tax incentives to start-up companies?

Written by
Rate this item
(0 votes)


Singapore is a strong advocate of small and medium enterprises. As such, it implemented various measures to encourage more private limited start-up companies.


To qualify for a start-up tax incentive, a company must adhere to the following conditions:

  •  Its shareholders must be 20 or less;
  •  At least one individual shareholder must own 10% of the total shares of the company;
  •  It must be incorporated in Singapore; and
  •  It must be a Singapore tax-resident.

Once a company meets all the criteria, it will enjoy the follow tax incentives:

  •  In its first three years of operation, the first S$100,000 taxable income in each of the year is not taxed. The next S$200,000 will have a partial exemption tax rate of 8.5 percent. Earnings beyond S$300,000 are subject to the normal 17% corporate tax rate.
  •  Beyond three years, the company will enjoy a 9% corporate tax rate for any taxable income not exceeding S$300,000; in excess of the said amount, the 17% corporate tax rate applies.
Read 1429 times
Global Links Asia

Support to Incorporate companies in Singapore, ...

Viet Nam office: 151 Dao Duy Anh St. , Phu Nhuan dist., Ho Chi Minh city, Viet Nam

Singapore office: 133 New Bridge Road, #10 Chinatown Point, Singapore 059413

Hotline: (+84) 0938 531 588   (+65) 3163 4102
Login to post comments

Connect with us

We're on Social Networks. Follow us & get in touch.

facebook     linkedin     youtube