fbpx
Menu

Private limited company Singapore tax.

In:

Pte Ltd Co Singapore tax.

Pte Ltd Company Singapore tax.

Singapore Pte Ltd Co tax.

Singapore Pte Ltd Company tax.

Singapore Private limited company tax.

With effect from YA 2010, a company is taxed at a flat rate of 17% on its chargeable income regardless of whether it is a local or foreign company.

1)Β  Tax Exemption Scheme for New Start-Up Companies:

Under the scheme, qualifying new companies are given the followingΒ tax exemption for the first three consecutive YAsΒ (Year of Assessment) where the YA falls in
Year of Assessment (YA) Exemption on normal chargeable income
YA 2020 onwards 75% exemption on the first $100,000
YA 2010 to 2019 Full exemption on the first $100,000
A further 50% exemption on the next $200,000

2)Β  Partial Tax Exemption for all companies:

All companies including companies limited by guarantee can enjoy the followingΒ tax exemption:
Year of Assessment (YA) Exemption on normal chargeable income
YA 2020 onwards 75% exemption on the first $10,000
A further 50% exemption on the next $190,000
YA 2010 to 2019 75% tax exemption on the first $10,000
A further 50% exemption on the next $290,000
×