What tax incentives will I enjoy if I were to register a subsidiary company rather than a foreign branch?

As a Singapore subsidiary, your company will be entitled to the following benefits:

  • Your company may be eligible for income tax exemption available for new startup companies, provided that the company satisfies the following conditions:
    • 100% shares allotted to Corporate Shareholders(s); partial exemption
    • at least 10% shares allotted to Individual Shareholder(s); full exemption
  • Income tax exemption on foreign-sourced dividends and foreign-sourced service income as per S13(8) of the Income Tax Act;
  • Advantage from the Avoidance of Double Taxation Agreements (DTA) which Singapore has attained with treaty countries.

Alternatively, you may check out this link for more information on Corporate Tax.