Below is information about SINGAPORE INTERNATIONAL HEADQUARTERS INCENTIVE from a variety of sources. Please take a look at the materials that our team has selected for you.
https://taxsummaries.pwc.com/singapore/corporate/tax-credits-and-incentives#:~:text=Depending%20on%20their%20level%20of%20economic%20commitments%20to,is%20the%20umbrella%20incentive%20for%20the%20maritime%20sector.
https://www.edb.gov.sg/en/how-we-help/incentives-and-schemes.html
The IP Development Incentive (IDI) aims to encourage the use and commercialisation of intellectual property rights arising from research and development (R&D) activities. Circular Download (76.9KB) Productivity Resource Efficiency Grant for Energy (REG (E))
https://taxsummaries.pwc.com/singapore/corporate/tax-credits-and-incentives
https://www.nationthailand.com/business/30258707
The OHQ incentive was first brought in around late 1992 as a way of encouraging multinationals to use Singapore as a base for their incursions into Asia, and it has to be admitted that it met with significant success.
https://www.bestarcorporation.com/post/global-or-regional-headquarters-hq-tax-incentives
The most relevant tax incentives in Singapore would be the Regional Headquarters Award (RHA) and the International Headquarters Award (IHA), both administered by the EDB. The DEI is aimed at encouraging companies to grow capabilities and conduct new or expanded activities in Singapore. Overview of the Incentive
https://www.pilotoasia.com/guide/why-singapore-ideal-headquarter
For the duration of the incentive period, at least 75% of the staff should be skilled, meaning that they should at the very least have received NTC2 (National Trade Certificate II) certification. ... Corporations looking to set up their International Headquarters (IHQ) in Singapore may apply for the International Headquarters Award, which gives ...
https://www.guidemesingapore.com/business-guides/taxation-and-accounting/corporate-tax/industry-specific-tax-incentives-in-singapore
With a low headline corporate tax rate of 17%, generous tax exemptions for small and medium-sized companies, and industry-specific tax incentives, Singapore is well positioned to maintain its economic competitiveness in today’s global environment.
https://www.fozl.sg/en/ihq/
An approved company under the IHQ/PC/DEI programme is eligible for a concessionary tax rate of 10%, based on income derived from qualifying activities. The qualifying activities will be defined during the application process. The incentive period is limited to five years.
https://www.startupdecisions.com.sg/singapore/incentives/business-incentives-singapore-companies/
International Headquarters Award is a concessionary corporate tax rate of 5 to 10%. This tax rate is on the incremental income from qualifying activities under these schemes. These corporate tax rates are as against the standard corporate tax rate of 17% applicable to Singapore companies. Trading Global Trader Programme Overview
https://osome.com/sg/blog/corporate-tax-incentives-singapore/
What are corporate tax incentives about? In Singapore, tax incentives for business come either as an exemption from taxation or a reduction in the tax rates. The programmes cover a whole range of industries, including the manufacturing, shipping, investment, trading and financial sectors. Mind this:
https://www2.deloitte.com/sg/en/pages/tax/articles/considerations-sg-headquarters.html
These programmes include the International Headquarters Award, IP Development Incentive, Research Incentive Scheme for Companies, Finance & Treasury Centre, and Development & Expansion Incentive. Exit tax costs are generally low-to-none as well – depending on the fact pattern of the relevant MNCs operating in Singapore.
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