Sooo, after the first year in operation, my Singaporean company filed its first tax assessment last year. We had some profit, and because new companies under a threshold of S$1 million in revenue are entitled to no tax, all is good.
We're a tech startup though, and apparently, there are also tax rebates up to 150%. When I lived in Australia and ran a tech company there, we were getting these even when no tax was paid, same rate.
How does it work in Singapore? Will these rebates work with S$0 tax?
