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Have a Singapore Company? Here’s What You Need to Know in 2025 🇸🇬

  • monmonq1
  • 4 minutes ago
  • 2 min read

Singapore remains one of the most attractive business hubs in the world, but owning a company here comes with its own set of responsibilities and strategic opportunities. Whether you're a founder, investor, or expanding your global structure, here are the key things to stay on top of in 2025:


✅ 1. Annual Compliance Is Non-Negotiable

All companies must:

  • File Annual Returns with ACRA

  • Submit Estimated Chargeable Income (ECI) and Corporate Tax Returns to IRAS

  • Hold an Annual General Meeting (AGM) unless exempted

Missing deadlines = penalties or even deregistration.


💰 2. Still 0% Tax for Startups (Up to S$125,000)

The Startup Tax Exemption Scheme allows new companies to enjoy:

  • 75% exemption on the first S$100,000 of chargeable income

  • 50% exemption on the next S$100,000 Valid for the first 3 Years of Assessment (YAs)


🏦 3. Open a Singapore Bank Account – Or Use Fintechs

Traditional banks like OCBC, UOB, and DBS now have stricter KYC. Consider newer options like:

  • Aspire (digital SME bank)

  • Wise Business (multi-currency)

  • Airwallex, Tazapay for global payments


🌍 4. Go Global with Your SG Entity

With a Singapore company, you can:

  • Easily apply for offshore bank accounts

  • Set up subsidiaries in the UAE, BVI, or Hong Kong

  • Access tax treaties and benefit from a reputable jurisdiction


📌 Conclusion:

Singapore Is Your Launchpad—But Stay Compliant

Having a Singapore company unlocks global credibility, low taxes, and efficient banking. But make sure you keep up with regulations, filings, and evolving fintech tools to stay ahead.

Need help optimizing your Singapore structure or connecting it to offshore accounts? Let’s talk.


Contact us 👍

What’s app : +44 7451222110

Telegram: +66 936825227



 
 
 

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