Tax incentives
Find relevant tax incentives
Answer a few questions about your business and our e-Adviser for Government Assistance will recommend tax incentives you can apply for.
If you’re looking for government assistance schemes announced at Budget 2025, head to our Budget 2025 page.
Go to e-Adviser for Government Assistance
For all sectors
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Double Tax Deduction for Internationalisation (DTDi)
Companies planning to expand overseas can benefit from the DTDi tax deduction scheme with a 200% tax deduction on eligible expenses for international market expansion and investment development activities.The scheme is extended till 31 December 2030.
Hand-Carried Exports Scheme (HCES)
The (HCES) is applicable if you wish to zero-rate your supplies to overseas customers for goods hand-carried out of Singapore via Changi International Airport.Major Exporter Scheme (MES)
Major Exporter Scheme (MES) is designed to ease the cash flow of businesses that import and export goods substantially. -
Enterprise Innovation Scheme (EIS)
Enhancement to existing tax measures and the introduction of a new tax measure, the EIS also enables eligible businesses to opt to convert up to $100,000 of total qualifying expenditure for each Year of Assessment (YA) into cash at a conversion rate of 20%. Learn more about the EIS (PDF, 588KB). -
Double Tax Deduction for Internationalisation (DTDi)
Companies planning to expand overseas can benefit from the DTDi tax deduction scheme with a 200% tax deduction on eligible expenses for international market expansion and investment development activities.The scheme is extended till 31 December 2030.
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Maritime Singapore Green Initiative
The Maritime Singapore Green Initiative (MSGI) seeks to reduce the environmental impact of shipping and related activities and to promote clean and green shipping in Singapore. -
Corporate Income Tax Rebate
To help companies manage rising costs, a CIT Rebate of 50% of tax payable will be granted for YA 2025.Major Exporter Scheme (MES)
Major Exporter Scheme (MES) is designed to ease the cash flow of businesses that import and export goods substantially.Mergers and Acquisitions (M&A) Allowance
Under the M&A scheme, an M&A allowance is granted to a company (‘the acquiring company’) that acquires the ordinary shares of another company (‘the target company’) during the period 1 Apr 2010 to 31 Dec 2030 (both dates inclusive). The M&A allowance is allowed on a straight-line basis over 5 years and the allowance cannot be deferred.To continue supporting companies to grow through M&A, the M&A scheme will be extended for another 5 years till 31 Dec 2030.
Refundable Investment Credit
The RIC encourages companies to make sizeable investments that bring substantive economic activities to Singapore, in key economic sectors and new growth areas. -
Corporate Volunteer Scheme (CVS)
To encourage corporate volunteerism, businesses may claim a 250% tax deduction on qualifying expenditures incurred from 1 Jul 2016 to 31 Dec 2026 when their employees volunteer and provide services for Institutions of a Public Character (IPCs).
For specific sectors
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Approved Import GST Suspension Scheme
The Approved Import GST Suspension Scheme (AISS) is designed to alleviate the cash flow of businesses in the aerospace industry. -
Investment Allowance Scheme (IAS)
The Investment Allowance Scheme (IAS) for the construction industry helps firms achieve higher levels of productivity through providing tax incentives for investments in productive equipment for construction-related works, and construction-related manufacturing facilities.Land Intensification Allowance (LIA)
The LIA supports enhanced land productivity among industrial users and can be claimed on qualifying capital expenditure incurred on the construction or renovation of a qualifying building or structure.The LIA is available to businesses in industry sectors that have large land takes and low Gross Plot Ratios (GPR), namely, the manufacturing and logistics sectors. Since 2017, the LIA is also available to businesses that develop Integrated Construction and Prefabricated Hubs (ICPHs).
The LIA is administered by the Singapore Economic Development Board (EDB) and the Building and Construction Authority (BCA).
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Approved Third Party Logistics (3PL) Company Scheme
The Approved Third Party Logistics (3PL) Company Scheme is designed to increase the competitiveness of logistics companies that provide logistics management services to overseas clients who use Singapore as a logistics hub.Land Intensification Allowance (LIA)
The LIA supports enhanced land productivity among industrial users and can be claimed on qualifying capital expenditure incurred on the construction or renovation of a qualifying building or structure.The LIA is available to businesses in industry sectors that have large land takes and low Gross Plot Ratios (GPR), namely, the manufacturing and logistics sectors. Since 2017, the LIA is also available to businesses that develop Integrated Construction and Prefabricated Hubs (ICPHs).
The LIA is administered by the Singapore Economic Development Board (EDB) and the Building and Construction Authority (BCA).
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Approved Contract Manufacturer and Trader (ACMT) Scheme
The ACMT Scheme is a scheme designed to relieve businesses (e.g. local contract manufacturers) that have substantial business with overseas clients.Land Intensification Allowance (LIA)
The LIA supports enhanced land productivity among industrial users and can be claimed on qualifying capital expenditure incurred on the construction or renovation of a qualifying building or structure.The LIA is available to businesses in industry sectors that have large land takes and low Gross Plot Ratios (GPR), namely, the manufacturing and logistics sectors. Since 2017, the LIA is also available to businesses that develop Integrated Construction and Prefabricated Hubs (ICPHs).
The LIA is administered by the Singapore Economic Development Board (EDB) and the Building and Construction Authority (BCA).