Singapore legislation
Section 44B
of Economic Expansion Incentives (Relief from Income Tax) Act
Section 44B
Application for and issue of certificate to export service company or export service firm
(1)
Where a company or firm is engaged in any qualifying service, the company or firm may apply in the prescribed form to the Minister for approval as an export service company or export service firm.
(2)
The Minister may, if he considers it expedient in the public interest to do so, approve the application and issue the company or firm with a certificate subject to such terms and conditions as he may impose.
(3)
Every certificate issued to an export service company or firm under this section shall specify —
a date as the commencement day from which the company or firm shall be entitled to tax relief under this Part;
its qualifying services; and
its base amount of income for the purpose of section 44E(2).
(4)
The Minister may, in his discretion, upon the application of an export service company or firm, amend its certificate by substituting for the commencement day specified therein such earlier or later date as he thinks fit and thereupon the provisions of this Part shall have effect as if the date so substituted were the commencement day in relation to that certificate.