Singapore applies a so-called Start-Up Companies scheme
This start-up companies scheme may result in significant tax savings.
During the first 3 years, 2/3 of a company’s taxable income can be exempted from taxation (dependent on a number of conditions). A tax break that may substantially absorb start-up costs.
Van Velzen CS can help start-up companies apply for this scheme, if you are thinking of starting a company, speak to us, we can offer many solutions for any size of business, no matter where you are in the world.
Let us know what your business needs are and we will find you the best solution.