What is the corporate tax rate?

17%, before exemptions (IRAS, as of September 2026). Qualifying new companies get the start-up tax exemption: 75% of the first S$100,000 of chargeable income and 50% of the next S$100,000 are exempt for the first three years of assessment; other companies get the partial exemption. For year of assessment 2026 there is also a 50% corporate income tax rebate, capped at S$40,000 including any cash grant.