As a Singapore subsidiary, your company will be entitled to the following benefits: Your company may be eligible for income tax exemption available
Frequently Asked Questions : Corporate Tax Reliefs
What is the difference between a resident and a non-resident Singapore company?
A Singapore "resident" company is one for which the control and management of the business is exercised in Singapore while a company which is "not
Is a Singapore Branch Office eligible for tax incentives?
A Singapore Branch Office is considered a non-resident company for tax purposes. Hence, it is not eligible for tax incentives. This is why most
If my company does not qualify for full tax exemption, is there any other tax exemption we can get?
Companies that do not meet the qualifying conditions for SUTE would still be eligible for partial tax exemption. Partial tax exemption is given to
Is filing a tax return necessary if my company did not gain any profits for the year?
Yes. Singapore companies are required to file a tax return annually.
Do foreign companies that set up in Singapore enjoy tax incentives?
To encourage foreign capital inflow into Singapore, there are tax incentives provided to various industries namely in the form of reduced corporate
Are donations tax-deductible in Singapore?
The following types of donations in Singapore would qualify you for a double tax deduction (twice the donation value): Cash Donations Shares
Are all start-up companies eligible for Start Up Tax Exemption (SUTE) even if all shareholders are foreigners?
Yes, you are eligible for Start Up Tax Exemption (SUTE) provided the following conditions are fulfilled. The company must not have more than 20