Company Incorporation

Singapore being strategically located in Asia Pacific, is the preferred hub for many foreign companies that are keen on establishing or consolidating their business in the region. Singapore essentially act as a runway to the regional markets with lucrative potentials. Asia with its in-numerous investment hotspots, growing consumer markets, effective production facilities and affordable resources is increasingly receiving a lot of attention from well-established foreign enterprises, investors or even start-up ventures.

At Octo, we provide foreign company incorporation in Singapore for branch registration, subsidiary company or representative office. If the need arises, the service could extend to provision of director nominee, stake holder positioning and local management representation by our accounting professionals.

 

Do you know ??

Partial tax exemption and tax exemption scheme for new start-up companies

Companies can enjoy the partial tax exemption and tax exemption for new start-up companies, as provided in the tables below.

Partial tax exemption for companies

Chargeable income % exempted from Tax Amount exempted from Tax
First $10,000 @75% =$7,500
Next $290,000 @50% =$145,000
Total $300,000 =$152,500

Tax exemption scheme for new start-up companies

Chargeable income % exempted from Tax Amount exempted from Tax
First $100,000 @100% =$100,000
Next $200,000 @50% =$100,000
Total $300,000 =$200,000

 

Read more ...