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https://www.guidemesingapore.com/business-guides/taxation-and-accounting/corporate-tax/industry-specific-tax-incentives-in-singapore#:~:text=International%20Headquarters%20Award%3A%20This%20tax%20incentive%20scheme%20is,to%2015%25%20on%20incremental%20income%20from%20qualifying%20activities.
https://www.edb.gov.sg/en/how-we-help/incentives-and-schemes.html
The Pioneer Certificate Incentive (PC) and the Development and Expansion Incentive (DEI) aim to encourage companies to grow capabilities and conduct new or expanded economic activities in Singapore. Companies that carry out global or regional headquarters (HQ) activities of managing, coordinating and controlling business activities for a group ...
https://www.fozl.sg/en/ihq/
Services provided by FOZL for application of International Headquarters (IHQ) Award. Provide advisory and support client in defining the headquarter activities that would align with the client’s business plans to use Singapore as an international/regional headquarter as well as qualify for EDB’s incentive requirement.
https://www.pilotoasia.com/guide/why-singapore-ideal-headquarter
For the duration of the incentive period, at least 75% of the staff should be skilled, meaning that they should at the very least have received NTC2 (National Trade Certificate II) certification. ... Corporations looking to set up their International Headquarters (IHQ) in Singapore may apply for the International Headquarters Award, which gives ...
https://www.bestarcorporation.com/post/global-or-regional-headquarters-hq-tax-incentives
Companies that carry out global or regional headquarters (HQ) activities of managing, coordinating and controlling business activities for a group of companies may apply for the Development and Expansion Incentive (DEI) for the HQ activities. The most relevant tax incentives in Singapore would be the Regional Headquarters Award (RHA) and the …
https://www.nationthailand.com/business/30258707
Genesis. The OHQ incentive was first brought in around late 1992 as a way of encouraging multinationals to use Singapore as a base for their incursions into Asia, and it has to be admitted that it met with significant success. What it did was provide a 10-per-cent rate of tax on fee income generated from “associated companies” (that is ...
https://www.guidemesingapore.com/business-guides/taxation-and-accounting/corporate-tax/industry-specific-tax-incentives-in-singapore
International Headquarters Award: This tax incentive scheme is open to all entities that have setup a company in Singapore in order to carry out their headquarter activities. More specifically, companies that commit to exceed the minimum requirements of the Regional Headquarters Award, can enjoy an even lower concessionary tax rate ranging from ...
https://taxsummaries.pwc.com/singapore/corporate/tax-credits-and-incentives
Depending on their level of economic commitments to Singapore, international headquarters can apply for various tax incentives, including tax exemption or concessionary tax rates on qualifying income. Maritime Sector Incentive (MSI) scheme. The MSI scheme is the umbrella incentive for the maritime sector.
https://osome.com/sg/blog/corporate-tax-incentives-singapore/
In Singapore, tax incentives for business come either as an exemption from taxation or a reduction in the tax rates. The programmes cover a whole range of industries, including the manufacturing, shipping, investment, trading and financial sectors. ... While International Headquarters Award is a concessionary corporate tax rate of 5 to 10%: The ...
https://www2.deloitte.com/sg/en/pages/tax/articles/considerations-sg-headquarters.html
These programmes include the International Headquarters Award, IP Development Incentive, Research Incentive Scheme for Companies, Finance & Treasury Centre, and Development & Expansion Incentive. Exit tax costs are generally low-to-none as well – depending on the fact pattern of the relevant MNCs operating in Singapore.
https://www.startupdecisions.com.sg/singapore/incentives/business-incentives-singapore-companies/
Government Incentives. Sector-Specific Business and Tax Incentives. The Inland Revenue Authority of Singapore (IRAS), which is the tax authority of the country has several tax schemes which help businesses reduce their taxes. SPRING Singapore also offers funding schemes especially targeted towards the growth of startups in the country.
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