Foreign Company Incorporation in Singapore

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 acts 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.

 

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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

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Trust in the experts

Octo is an exceptional group of professionals with a vision to change traditional accounting practices in commercial and private sectors. With a variety of experience in accounting as well as innovative and newfound software including Xero and cloud accounting, Octo ensures your finances are taken care of.

For more information on our services including foreign company incorporation, get in touch with the team at Octo today. Find out more by requesting a quotation or calling us on 65 6908 4393. We are always happy to speak to new clients.