Singapore New Company Industry Guides

"Singapore is the gateway to Asia’s bustling technology and financial scene, and home to a diverse and ambitious entrepreneurial community"

Set Up a New Business Today in Singapore

Singapore is an economically and politically stable country known for its ease of setting up a business. Its corporate tax rate is low: 8.5% on taxable income of up to S$300K, capping at 17% thereafter; audit requirements have been exempted for small companies; and newly incorporated companies enjoy substantial tax savings for the first 3 years of operation. On top of all these, the Singapore government offers many incentive schemes and grants to encourage business start-ups. Its 21 free trade agreements (FTAs) with 27 economies and 76 avoidance of double tax agreements (DTAs) also make owning a business very attractive to local and global investors.

 

Some high-profile Start-ups in the last year include:

  • GRAB – Logistics and Transportation
  • SEA – General Internet
  • AIRTRUNK -Internet Infrastructure
  • VIU – Music and Entertainment
  • HOOQ – Music and Entertainment
  • TRAX – Recognition Technology
  • TENX – Fintech
  • SUNSEAP – Clean Tech
  • KYBER – Fintech
  • MyREPUBLIC – Internet Infrastruture

VentureHaven is your Industry Guide to kick-start and materialise your every business venture in Singapore. Garnering more than 2000 clients over 8 years in the business, we come to you with a wealth of experience in incorporation and compliance. Set up a new business in Singapore today, and make us a part of your entrepreneurial journey.

Click to find out more about the following industries and what starting them in Singapore entails.


From registering your business licence to obtaining all required permits, VentureHaven is your One-Stop Corporate Services Provider. Contact us for a free consultation now!

Find Out More about Singapore Corporate Income Tax

Find Out More about Annual Statutory Compliance in Singapore