🇸🇬 PIONEER CERTIFICATE INCENTIVE (PC)
Singapore — Special Tax Regime
Status
Active
Effective From
Jan 1, 1967
📋 DETAILS
Summary
Tax exemption on qualifying income for companies engaged in pioneering activities that are beneficial to Singapore economic development.
Eligibility
Companies introducing new industries, expanding existing ones, or undertaking activities in the national interest
Benefits
Full CIT exemption on qualifying income for the incentive period (typically 5-15 years)
Requirements
Must be approved by Economic Development Board (EDB). Must meet investment and employment commitments.
Limitations
Only covers income from pioneer activities. Other income taxed at standard 17% rate.
Income Types Covered
Corporate income from pioneer activities
Duration Details
5-15 years
💰 FINANCIAL
Flat Rate
0.0%
Duration
15 years
🏛 COUNTRY TAX CONTEXT
Tax System
Territorial
Top PIT Rate
24.0%
Corporate Tax
17.0%
GST
9.0%
Capital Gains
0.0%
Treaty Count
90
📋 OTHER REGIMES IN SINGAPORE
| Name | Type | Rate |
|---|---|---|
| Development & Expansion Incentive (DEI) | Flat rate | 5.0% |
📚 SOURCE
Singapore EDB
View source →
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