Flat rate
5.0%
Duration
10 years
Prior non-residency
—
required before applying
Standard top income tax
24.0%
Singapore, without the regime
Overview
- Regime
- Development & Expansion Incentive (DEI)
- Country
- Singapore
- Type
- Flat rate
- Status
- Active
- Effective from
- Jan 1, 2004
- Expires on
- —
Details
- Summary
- Reduced CIT rate of 5% or 10% on qualifying income for companies undertaking substantial expansion or upgrading.
- Eligibility
- Companies expanding or upgrading activities in Singapore approved by EDB
- Benefits
- Reduced CIT rate of 5% or 10% on qualifying income (vs 17% standard)
- Requirements
- Must be approved by EDB. Must make substantial commitment to expand/upgrade activities.
- Limitations
- Only covers qualifying incremental income.
- Income types covered
- Qualifying incremental corporate income
- Duration details
- 5-10 years
Other regimes in Singapore
| Name | Type | Rate |
|---|---|---|
| Pioneer Certificate Incentive (PC) | Exemption | 0.0% |
View source Singapore EDB