Some common tax reliefs for companies to help reduce their tax are:
– Tax exemption schemes for new start-up companies;
– Partial tax exemption for all companies; and
– Deduction of expenses incurred before commencement of business.

A person must register for GST if his taxable suppliers for the last 12 months exceeded S$1million or if he expects to make taxable supplies exceeding S$1million in the next 12 months. However, a person may apply for GST registration on a voluntary basis even if his taxable supplies are not expected to exceed S$1million.
Notwithstanding that there is an obligation to register for GST, the person may apply for exemption from GST registration if he is making wholly or substantially zero-rated supplies.

The Singapore government offers multinational companies and investors a variety of tax incentives. These include:
Financial sector incentives
Marine sector incentives
Global Trader Program