The MSI-SSS award seeks to promote the growth of ancillary shipping service providers and to encourage shipping conglomerates to set up their corporate services functions in Singapore.
An approved MSI-SSS company will enjoy a concessionary tax rate of 10% on the incremental income derived from the provision of the following qualifying approved shipping-related support services for a period of 5 years:-
Companies with a strong track record, demonstrable business plan and a commitment to expand their ancillary shipping activities in Singapore may apply for the MSI-SSS award during the period from 1 June 2011 to 31 May 2016.
To apply, email to imc_mpa@mpa.gov.sg for more information.
