Singapore aims to promote business by enhancing corporate tax incentives: key points in one chart

By Maureen Doran 

Singapore’s government, faced with an environment of rising business costs due to near-full employment and escalating rents, has proposed enhanced incentives intended to support business transformation and upgrading, in particular for small to medium-sized enterprises (SMEs).

SMEs are defined as enterprises having not more than 200 workers or turnover of not more than SGD100m (£48m).

This chart conveniently sets out some of the key corporate incentive enhancements Singapore intends to provide…

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