Singapore’s corporate tax rate is capped at 17%, compared to Japan’s effective corporate tax rate of approximately 30%. For new startups, the Start-Up Tax Exemption (SUTE) scheme provides:
• 75% exemption on the first S$100,000 of chargeable income
• 50% exemption on the next S$100,000 of chargeable income
This applies for the first three consecutive Years of Assessment, bringing the effective tax rate for qualifying startups to as low as 2-4%.
Ready to Incorporate Your Singapore Pte Ltd from Japan?
Singapore Accounting and Business Services Pte Ltd specializes in helping Japanese entrepreneurs establish their Singapore presence. From nominee director services to full compliance support, we make the process seamless.
Contact us today to begin your Singapore incorporation journey.
