Innovation, R&D and Capability Development Incentives

Please note that this grant is for companies that have less than 30% local shareholdings (i.e. Foreign-owned businesses that registered a Singapore entity).

Agency: Economic & Development Board (EDB)

Type: Incentive

Finance & Treasury Centre (FTC) Incentive

Encourage companies to grow treasury management capabilities and use Singapore as a base for conducting strategic finance and treasury management activities.

Incentive: Eligible for a reduced corporate tax rate of 8%

Intellectual Property (IP) Development Incentive

Encourage the use and commercialisation of intellectual property (IP) rights arising from research & development activities

Incentive: Eligible companies qualify for a reduced corporate tax rate of either 5% or 10. 

For more information, please refer to the EDB website here

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