The headline rate applies to chargeable income. Eligible companies may receive start-up or partial exemptions, so 17% is not every company’s effective tax rate.
Eligible overseas manufacturing and trading businesses can explore through a representative office. This route is temporary and cannot be used for income-generating activity.
Apply within 30 days when you reasonably expect taxable turnover above S$1m over the next 12 months. Calendar-year turnover above that threshold triggers a separate January application deadline; exemptions have conditions.
From 1 January 2027, new applications start at S$6,000 monthly, or S$6,600 in financial services. The change reaches renewals for passes expiring from 1 January 2028. Age-adjusted thresholds and other tests remain.
Maintain a registered office address. From 20 October 2026, the fixed minimum public opening-hours requirement is removed; statutory record-inspection obligations remain.
Current minimum qualifying salaries start at S$5,600 monthly, or S$6,200 in financial services, and rise with age. COMPASS and other eligibility conditions also apply.
Information on this page is compiled from official and public sources, linked and dated next to each item. It is general information, not legal, tax or financial advice, and rules change. Please confirm with the source or a qualified adviser before acting. ExpandUs Global accepts no liability for decisions made using this information.
