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Wholesale Trade

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Tax Incentives
 Licensed Warehouse Scheme
Transform your warehouse into a licensed warehouse for storing dutiable goods. In licensed warehouses, duty and Goods and Services Tax (GST) are suspended until the goods are released for sale into Singapore.
 
 Major Exporter Scheme (MES)
Major exporters can improve their cash flow by deferring Goods and Services Tax (GST) on goods imported mainly for re-export.
 
 Temporary Import Scheme (TIS)
Importing goods into Singapore temporarily for exhibitions, repairs, filming, testing, etc.? Import them under TIS and you will not have to pay duty and/or taxes as long as you re-export these goods within 3 months.
 
 Zero GST Warehouse Scheme
Businesses can transform their warehouses into zero-GST warehouses to minimise red tape and bypass the Goods and Services Tax (GST) process.
 
You can also apply for grants, loans and other types of assistance open to all businesses such as Startup Enterprise Development Scheme (SEEDS), Micro Loan and the Enterprise Fund.

Please refer to the Government Assistance section for a full list of assistance schemes.



Last updated on 02 September 2010
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