In Singapore, company incorporation aids in protecting a business owner's
assets from legal and financial risks. Other values that are in line with Singapore can benefit from
an incorporated company include:
a) Startup Tax Exemptions (75%) on the first $100,000 and (50%) on the next
$100,000 net profit amounting to $125,000 Tax Exempted for the first 3 years.
b) Partial Tax Exemptions (75%) on first $10,000 and (50%) on next $190,000
of net profit amounting to $102,500 Tax Exempted (if startup tax exemption is not applicable)
c) Partial Tax Exemptions (75%) on first $10,000 and (50%) on next $190,000
of net profit amounting to $102,500 Tax Exempted (if startup tax exemption is not applicable)
d) Personal Assets of Directors or Shareholders will not be
implicated.(Subject to the "system of lifting the corporate veil", Eg: Officer or Shareholders who
committed fraud.)