New Start-Up Company Tax Exemption
IRAS (Inland Revenue Authority of Singapore)
75% exemption on first S$100,000 and 50% on next S$100,000 of chargeable income
Newly incorporated Singapore companies get a partial tax exemption on normal chargeable income for their first 3 consecutive years of assessment.
- Eligibility
- Singapore-incorporated companies in their first 3 consecutive YAs; foreign companies and branches are excluded.
- Available in
Singapore- Details
- Tiers, how to apply, what to watch out for and sources are free with an account.
