The Singapore Accounting and Corporate Regulatory Authority [ACRA] is the national regulator under the Ministry of Finance of the Singapore Government. ACRA also plays the role of a facilitator for the development of business entities and the public accountancy profession as well as corporate service providers. The establishment of a Singapore company, profit or non-profit foundation requires a Singaporean or Singapore registered agent to submit an application on your behalf to ACRA. There are only two methods available: find a registered agent or Singaporean using the company CorpPass or Singpass to submit the application.
The first S$100,000 of taxable income is fully exempt, and the next $100,000 taxable income is 50% exempt from income tax for the first three years of assessment
The “Belt and Road” has fully entered the operational phase, and more and more enterprises are responding to national policies and choosing to set up companies overseas.
A.The Pioneer Certificate Incentive (PC) and the Development and Expansion Incentive (DEI) for Regional and International Headquarter Activities, Resource Efficiency Grant for Energy (REG(E)), Land Intensification Allowance (LIA), Land Productivity Grant (LPG).
B.Financial Industry Finance and Fund Management Center Tax Preference Scheme (FTC), Financial Tax Preference Scheme (FSI), Global Trader Program, Startup SG Founder, Startup SG Tech.
C.Maritime Sector Maritime Sector Incentive Plan (MSI), Approved International Shipping Enterprise Scheme (MSI-AIS)-Shipping Related Support Services Plan (MSI-SSS)-Maritime Leasing Plan (MSI-ML), Aircraft Leasing Scheme (ALS).
D.Tech@SG Programme, Research Incentive Scheme for Companies (RISC),Training Grant for Company (TGC), IP Development Incentive (IDI).
E.Productivity Solutions Grant (PSG), Market Readiness Assistance (MRA) Grant, Enterprise Development Grant (EDG), International Co-Innovation Programmes.