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.
