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Under what circumstances are new start-up companies entitled to tax exemptions in Singapore?
Q&AThe start-up company must be incorporated in Singapore, be a tax resident in Singapore and have no more than 20 shareholders for the YA. The shareholders must hold the shares directly under their own names and be individuals beneficially. If they are not individuals beneficially, they must directly hold at least 10% of the issued ordinary shares.
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Recent Resources
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November 2024Malaysia Business Guide 2024
Related Resources
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December 2014The 2015 Asia Tax Comparator
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