To support young enterprises, the Inland Revenue Authority of Singapore (IRAS) offers a Tax Exemption Scheme for New Start-Ups. For its first three consecutive Years of Assessment (YAs), an eligible qualifying company receives:
-
A 75% exemption on the first S$100,000 of normal chargeable income.
-
A 50% exemption on the next S$100,000 of normal chargeable income.
- Client:
- Xoom
- Year:
- 2020
- Category:
- Consultation, Strategy
- Location:
- Munich
- ROI:
- 48%
