In Singapore, company incorporation aids in protecting a business owner's
assets from legal and financial risks. Other values that are in line with Singapore can benefit from
an incorporated company include:
a) Startup Tax Exemptions (75%) on the first SGD 100,000 and (50%) on the next
SGD 100,000 net profit amounting to SGD 125,000 Tax Exempted for the first 3 years.
b) Partial Tax Exemptions (75%) on first SGD 10,000 and (50%) on next SGD 190,000
of net profit amounting to SGD 102,500 Tax Exempted (if startup tax exemption is not applicable)
c) Partial Tax Exemptions (75%) on first SGD 10,000 and (50%) on next SGD 190,000
of net profit amounting to SGD 102,500 Tax Exempted (if startup tax exemption is not applicable)
d) Personal Assets of Directors or Shareholders will not be
implicated.(Subject to the "system of lifting the corporate veil", Eg: Officer or Shareholders who
committed fraud.)