Singapore Corporate Tax & Incorporation Calculator 2026
Estimate 17% flat corporate tax liability, Start-up Tax Exemption (SOTE 75% relief), & ACRA registration fees
Step-by-Step Procedure
Choose the Company Structure and Check Eligibility
Confirm that a Singapore private company limited by shares fits the business. Foreign founders must use a Corporate Service Provider and must satisfy the local-residency and work-authorisation rules relevant to their roles.
Apply for the Company Name
Reserve the proposed business-entity name through Bizfile. ACRA's current fee is S$15.
Prepare the Incorporation Details
Provide the company activities, registered office, shareholder and share-capital information, director details, controller information and other required Bizfile particulars, together with the constitution or applicable model constitution.
Register the Company
Submit the new-business-entity registration through Bizfile and pay ACRA's S$300 registration fee. The combined current ACRA setup transaction fees are S$315.
Complete Immediate Post-Registration Requirements
Ensure the company has an ordinarily resident director and appoint the company secretary within 6 months. Maintain the registered office and the required company registers and beneficial-ownership information.
Set Up Banking and Business Operations
A corporate bank account can be opened after registration. Banking-provider requirements are commercial onboarding requirements, not ACRA incorporation requirements.
Check Sector Licences and Foreign Work Authorisation
Obtain any sector-specific licences required for the actual business. Foreign founders who work for the Singapore company must separately satisfy the relevant MOM work-pass rules.
Handle Annual Corporate and Tax Compliance
File the company's annual return with ACRA within the applicable statutory period and comply with IRAS tax filings. For YA 2026, the Corporate Income Tax Return deadline is 30 November 2026. ECI is generally due within 3 months from the end of the financial year unless an exemption or other exception applies.
Calculator Disclaimer
The calculator is an estimate based on the stated chargeable-income input and selected relief assumptions. It is not an IRAS tax assessment. Actual tax can differ because of tax adjustments, capital allowances, losses, foreign tax credits, concessionary tax rates, tax incentives, group relief and other circumstances. YA 2026 CIT rebates and any associated cash grant are subject to the current statutory and administrative conditions.
Calculator
Inputs
number
select
boolean
boolean
Formula
Base Rate
17%
Startup Exemption
Exempted amount = 75% x min(chargeable income, S$100,000) + 50% x min(max(chargeable income - S$100,000, 0), S$100,000). Maximum start-up exemption = S$125,000 per qualifying YA.
Partial Exemption
Exempted amount = 75% x min(chargeable income, S$10,000) + 50% x min(max(chargeable income - S$10,000, 0), S$190,000). Maximum partial exemption = S$102,500 per YA.
No Exemption
Taxable chargeable income = chargeable income.
Pre Rebate Tax
Pre-rebate corporate tax = (chargeable income - applicable normal-chargeable-income exemption) x 17%.
Ya2026 C I T Rebate
For YA 2026, enhanced CIT rebate = 50% of corporate tax payable, subject to the current S$40,000 overall benefit framework and cash-grant rules.
Cash Grant
Qualifying active companies that meet the current local-employee condition may receive a minimum S$2,000 benefit through the CIT Rebate Cash Grant. The combined CIT Rebate and cash grant is subject to the current S$40,000 maximum benefit.
Important Limit
The calculator does not automatically determine whether the company qualifies for the start-up exemption, CIT Rebate Cash Grant, concessionary tax treatment, foreign tax credit or other relief.
Outputs
- Applicable exemption amount
- Taxable chargeable income after the selected exemption
- Corporate tax before YA 2026 rebate
- Estimated YA 2026 CIT rebate where selected
- Estimated tax after rebate, excluding any cash-grant benefit
- Potential YA 2026 CIT Rebate Cash Grant where the user selects qualifying status
Example
Chargeable Income
200000
Startup Regime
Exemption
S$75,000 + S$50,000 = S$125,000
Taxable Income
S$200,000 - S$125,000 = S$75,000
Pre Rebate Tax
S$75,000 x 17% = S$12,750
Ya2026 Rebate
S$12,750 x 50% = S$6,375
Tax After Rebate
S$12,750 - S$6,375 = S$6,375
Partial Regime
Exemption
S$7,500 + S$95,000 = S$102,500
Taxable Income
S$200,000 - S$102,500 = S$97,500
Pre Rebate Tax
S$97,500 x 17% = S$16,575
Ya2026 Rebate
S$16,575 x 50% = S$8,287.50
Tax After Rebate
S$16,575 - S$8,287.50 = S$8,287.50
Caveat
The example assumes the entire input is normal chargeable income eligible for the selected exemption and that YA 2026 rebate conditions apply. It excludes losses, capital allowances, tax credits, concessionary rates, foreign tax credits and other adjustments.
Tax Regimes
Corporate Rate
Rate
17%
Scope
Singapore corporate income tax is imposed at a flat 17% of chargeable income for both local and foreign companies, subject to applicable reliefs, incentives and rebates.
Startup Tax Exemption
Official Term
Tax Exemption Scheme for New Start-Up Companies
First Three Y As
Available to qualifying companies for their first 3 consecutive Years of Assessment.
First100k
75% exemption on the first S$100,000 of normal chargeable income.
Next100k
50% exemption on the next S$100,000 of normal chargeable income.
Maximum Exemption
S$125,000 per qualifying YA.
Qualifying Conditions
- Company is incorporated in Singapore.
- Company is a Singapore tax resident for that YA.
- Total share capital is beneficially held directly by no more than 20 shareholders throughout the basis period, with either all shareholders being individuals or at least one individual shareholder holding at least 10% of the issued ordinary shares.
- Companies whose principal activity is investment holding are excluded.
- Companies undertaking property development for sale, investment or both are excluded.
Important Terminology
The official IRAS terminology is the Tax Exemption Scheme for New Start-Up Companies. 'SUTE' or 'start-up tax exemption' may be used as shorthand; 'SOTE' should not be presented as a separate statutory scheme.
Partial Tax Exemption
Scope
Companies that do not claim or do not qualify for the new start-up tax exemption can generally qualify for the partial tax exemption, subject to the applicable rules.
First10k
75% exemption on the first S$10,000 of normal chargeable income.
Next190k
50% exemption on the next S$190,000 of normal chargeable income.
Maximum Exemption
S$102,500 per YA.
Ya2026 C I T Rebate
Rebate Rate
50% of corporate tax payable.
Cash Grant
Eligible active companies that satisfy the local-employee condition receive a minimum S$2,000 benefit through the CIT Rebate Cash Grant.
Maximum Combined Benefit
S$40,000 for the YA 2026 CIT Rebate and CIT Rebate Cash Grant combined.
Local Employee Condition
For the YA 2026 cash-grant condition, the company must have employed at least one local employee in calendar year 2025, based on the current IRAS framework.
Grant Employee Definition
For this condition, a local employee means a Singapore Citizen or Permanent Resident employee for whom CPF contributions were made; shareholders who are also directors are excluded from this local-employee test.
Assessment Treatment
The CIT rebate is computed on the relevant tax payable and is allowed automatically by IRAS in the YA 2026 assessment where applicable. Companies should not reduce chargeable income in their ECI or Corporate Income Tax Return by the amount of the rebate.
Incorporation
Legal Form
Private company limited by shares.
Separate Legal Entity
A Singapore company is a separate legal entity that can own property, sue and be sued, and whose shareholders generally have limited liability.
Ownership
A company can have foreign shareholders; ACRA's current guidance does not impose a general local-shareholding percentage for an ordinary local company. Separate incentive, licensing and tax-scheme conditions can impose their own requirements.
Minimum Share Capital
The minimum paid-up share capital is S$1.
Resident Director
Minimum
At least 1 director must meet Singapore's local-residency requirement.
General Eligibility
ACRA states that a director must be ordinarily resident in Singapore, be at least 18 years old and meet the legal eligibility requirements.
Foreigner
ACRA's current foreigner guidance lists Singapore Citizens, Singapore Permanent Residents, Employment Pass holders, Personalised Employment Pass holders and Overseas Networks & Expertise Pass holders as persons who can meet the local-residency requirement, subject to the applicable pass-issuer rules. An Employment Pass holder must first obtain the required Letter of Consent from MOM before accepting a director role.
Important Caveat
Holding a work pass does not by itself mean that the foreigner is automatically authorised to perform work or management activities for the company. The applicable MOM work-authorisation rules must also be satisfied.
Company Secretary
Requirement
Every company must have at least one company secretary.
Deadline
The secretary must be appointed within 6 months after successful registration.
Eligibility
The secretary must be a natural person, ordinarily resident and meet ACRA's eligibility requirements.
Sole Director Restriction
The company secretary cannot be the same person as the sole director.
Registered Office
Requirement
A Singapore company must have a registered office in Singapore from incorporation.
Access
The registered office must be open and accessible to the public for at least 3 hours during normal business hours on each business day.
Corporate Service Provider
Foreign Founder Rule
Foreigners must engage a registered Corporate Service Provider to reserve the name and register the business structure.
Government Vs Private Cost
ACRA's S$315 setup fee is the government transaction fee only. CSP, nominee-director, registered-office, secretary, legal, accounting, banking and other private service fees are separate.
Acra Fees
Name Application
S$15
Registration
S$300
Government Setup Total
S$315
Documents
Incorporation Information
- Approved or reservable company name and transaction details.
- Company's proposed business activities.
- Registered office address.
- Details of directors, shareholders and other relevant position holders.
- Residential and contact-address information required by Bizfile.
- Share-capital and shareholding information.
- Controller and nominee information where applicable.
- Company constitution or use of the applicable model constitution option.
Foreign Founder
Foreign founders must engage a Corporate Service Provider to register the company and may need to provide identity, residential and beneficial-ownership information as required for the registration.
Not Universal
Passport scans, proof of address, nominee-director agreements, bank statements and specific consent forms should not be presented as one universal ACRA checklist for every company. The exact information and supporting documents depend on the entity, position holders, ownership and registration route.
Ongoing Compliance
Annual Return
For a non-listed Singapore company, the annual return is generally due within 7 months after the financial year end, subject to the applicable statutory rules and exceptions.
Corporate Tax Return
For YA 2026, companies must generally file the Corporate Income Tax Return by 30 November 2026 unless a filing waiver applies.
Eci
ECI is generally due within 3 months after the company's financial year end unless the company qualifies for the ECI filing waiver or is otherwise not required to file.
Eci Waiver
The current ECI filing waiver applies where annual revenue is S$5 million or below for the financial year and ECI is nil for the YA, subject to IRAS's detailed conditions.
Company Secretary
The company secretary must be appointed within 6 months of successful registration and the office must not remain vacant beyond the permitted period.
Auditor
Unless exempt from audit, a company must appoint an auditor within 3 months of incorporation.
Beneficial Ownership
Companies generally need to maintain the Register of Registrable Controllers and, where applicable, nominee-director or nominee-shareholder registers and make required central filings through Bizfile.
Dividends And Capital Gains
Singapore Resident Company Dividends
Dividends paid by a Singapore resident company under the one-tier corporate tax system are generally not taxable in the hands of shareholders, except for specified situations such as dividends from co-operatives.
Capital Gains
Singapore does not impose a general capital gains tax. However, a gain that is revenue or trading in nature can be taxable. Companies therefore should not describe every disposal gain as automatically tax-free.
Equity Disposals
For company disposals of equity investments, the applicable tax treatment depends on the facts and circumstances and on specific statutory certainty-of-non-taxation rules such as Section 13W where the conditions are met.
Ya2026 Illustrative Tax Table
Schema
@context
https://schema.org
@type
FAQPage
Main Entity
What is Singapore's corporate tax rate in 2026?
How does the Singapore start-up tax exemption work for the first 3 YAs?
What is the YA 2026 Singapore corporate tax rebate?
How much does it cost to incorporate a Singapore Pte Ltd with ACRA?
Can foreigners own 100% of a Singapore Pte Ltd company?
Are Singapore company dividends and capital gains completely tax-free?
Application Process
Choose the Company Structure and Check Eligibility
Step 1Confirm that a Singapore private company limited by shares fits the business. Foreign founders must use a Corporate Service Provider and must satisfy the local-residency and work-authorisation rules relevant to their roles.
Apply for the Company Name
Step 2Reserve the proposed business-entity name through Bizfile. ACRA's current fee is S$15.
Prepare the Incorporation Details
Step 3Provide the company activities, registered office, shareholder and share-capital information, director details, controller information and other required Bizfile particulars, together with the constitution or applicable model constitution.
Register the Company
Step 4Submit the new-business-entity registration through Bizfile and pay ACRA's S$300 registration fee. The combined current ACRA setup transaction fees are S$315.
Complete Immediate Post-Registration Requirements
Step 5Ensure the company has an ordinarily resident director and appoint the company secretary within 6 months. Maintain the registered office and the required company registers and beneficial-ownership information.
Set Up Banking and Business Operations
Step 6A corporate bank account can be opened after registration. Banking-provider requirements are commercial onboarding requirements, not ACRA incorporation requirements.
Check Sector Licences and Foreign Work Authorisation
Step 7Obtain any sector-specific licences required for the actual business. Foreign founders who work for the Singapore company must separately satisfy the relevant MOM work-pass rules.
Handle Annual Corporate and Tax Compliance
Step 8File the company's annual return with ACRA within the applicable statutory period and comply with IRAS tax filings. For YA 2026, the Corporate Income Tax Return deadline is 30 November 2026. ECI is generally due within 3 months from the end of the financial year unless an exemption or other exception applies.
Required Document Checklist
incorporation Information
foreign Founder
Foreign founders must engage a Corporate Service Provider to register the company and may need to provide identity, residential and beneficial-ownership information as required for the registration.
not Universal
Passport scans, proof of address, nominee-director agreements, bank statements and specific consent forms should not be presented as one universal ACRA checklist for every company. The exact information and supporting documents depend on the entity, position holders, ownership and registration route.
Frequently Asked Questions (FAQ)
Official Government Sources & Statutory Verification
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