Market your products and services overseas and get tax breaks.

For who?

Company or firm that is: 

• a resident in or having permanent establishment in Singapore, and
  
  
• actively operating/trading with the primary purpose of promoting the trading of goods or provision of services.

For what?

• To encourage more companies to promote their products and services in overseas markets by giving them tax breaks.

How much?

• Only certain eligible expenses approved by International Enterprise (IE) Singapore can be claimed.
  
  
• For example:
  
  
  • participating in approved trade fairs
  • participating in overseas trade missions/market development trips
  • printing of corporate brochures
  • setting up of overseas marketing offices
  • market surveys
  • advertising and promotional campaigns
  • packaging for exports
  • product certifications
  • provision of service in connection with the use of any right under a master franchise or master intellectual property licence

Things to note

• You need to apply for DTD by the stipulated time before the start of the proposed project/event.
  
  
  • Apply at least 1 month before Overseas Marketing Offices, Master Franchising or Master Licensing projects.
    
    
  • Apply at least 7 days before trade fairs, exhibitions or missions.
  
  
• DTD does not apply to businesses that are already enjoying other forms of tax relief.

For more info

Double Tax Deduction (DTD) for Market Development, Master Franchising and Master Intellectual Property Licensing
International Enterprise (IE) Singapore