Singapore legislation
Section 26
of Economic Expansion Incentives (Relief from Income Tax) Act
Section 26
Application for and issue and amendment of certificate for expanding service company
(1)
Where a company engaged in any qualifying activity as defined in section 16 intends to substantially increase the volume of that activity, it may make an application in writing to the Minister to be approved as an expanding service company.
(2)
Where the Minister is satisfied that it is expedient in the public interest to do so, he may approve that company as an expanding service company and issue a certificate to the company, subject to such conditions as he thinks fit.
(3)
Every certificate issued under this section shall specify a date on or before which the expansion of the qualifying activity shall commence and that date shall be deemed to be the expansion day for the purposes of this Part.