Vadim Krasovskiy Vadim Krasovskiy

Sector-Specific Business Incentives

Singapore provides several targeted incentives to companies in specific sectors. This article provides an overview of the sector specific incentives available currently.

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Vadim Krasovskiy Vadim Krasovskiy

Tax Incentives for Singapore Businesses

The government of Singapore provides several incentives to promote entrepreneurship in the country. In collaboration with the Inland Revenue Authority of Singapore (IRAS) which is the tax authority of Singapore, it has implemented tax reduction schemes targeted at businesses, especially startups in Singapore. This article provides an overview of these provisions.

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Vadim Krasovskiy Vadim Krasovskiy

Market Readiness Assistance (MRA) Grant

The government of Singapore encourages local companies to expand globally. With this aim it has launched the Market Readiness Assistance (MRA) grant to provide funding to companies who wish to internationalise and grow.

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Vadim Krasovskiy Vadim Krasovskiy

The Mergers and Acquisitions (M&A) Scheme in Singapore

The M&A scheme encourages companies, especially Small and Medium Enterprises (SMEs) in Singapore to internationalise and grow. This article will explain the benefits of the scheme and the conditions that companies must fulfill to avail these benefits.

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Vadim Krasovskiy Vadim Krasovskiy

Singapore’s Global Trader Programme

The Global Traders Programme (GTP) is an incentive program designed to encourage international trading companies to choose Singapore as a base for their global trading activities. The incentive is provided by International Enterprise (IE) Singapore, and it offers a reduced corporate tax.

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