Find out why Singapore is the #1 entrepreneur hub that many business owners consider as the base or extension of their business! Learn more about the types of business entities available for your business set up..
LOW INCOME TAX
The tax exemptions for newly incorporated qualifying companies for their first 3 consecutive YAs are as follows:
| Chargeable Income | % Exempted From Tax | Amount Exempted From Tax |
| First $100,000 | 75% | $75,000 |
| Next $100,000 | 50% | $50,000 |
The maximum exemption for each YA is $125,000 ($75,000 + $50,000).
ONE GST TAX RATE:
Singapore has only one GST TAX RATE 9% for all the Goods & Services.
NO CORRUPTION :
No Corruption in Singapore.
EASY TO DO BUSINESS:
Singapore is ranked second, after New Zealand, among 190 economies in the ease of doing business, according to the latest world bank’s annual ratings.
MULTICULTURAL :
Singapore society has a mix of multicultural people from all around the world.
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