Zero Tax Benefits

Singapore has a reputation for attractive tax rates, positive and encouraging business policies. Singapore taxes are much lower than most other developed nations and over the years, it has continued to slide down further. Singapore practices territorial and single-tier tax system.

Benefits of Company Set Up in Singapore

Tax Exempt Dividends

Singapore taxation follows the single tier tax system in which the profits earned by the Singapore business are taxed only one time. Therefore a shareholder of the Singapore Company will not have to pay any tax on the dividends he/she receives.

Capital Gain Tax

Capital gains or losses are not taxable or deductible in Singapore.

Zero tax on New Company Setup

Newly incorporated companies pay zero taxes on their taxable income for up to S$100,000 per year for the first three years.

Corporate Tax Rates

The highest corporate tax rate in Singapore is 17%.

Personal Tax Rates

The highest personal tax rate in Singapore is 20%