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 | | Provides lower corporate tax rates for a set period to assist companies to move into higher value-added activities in Singapore. | | | | | | Encourages investment in equipment for greater productivity or introduce new technology to the industry. | | | | | | Building a one-of-a-kind flagship retail, F&B or entertainment store? Get investment allowance for capital expenditures. | | | | | | Under new tax concessions, you can get up to 150% tax deduction for qualifying R&D activities in Singapore, even if the R&D does not relate to your existing trade/business. | | | | | | Awards full corporate tax exemption on qualifying profits for up to 15 years. | | | | | | Get an annual tax allowance of up to S$150,000 every year for engaging in and increasing your research and development (R&D) activities in Singapore. | | |
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