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 2023, head to our Budget 2023 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, with a 200% tax deduction on eligible expenses for international market expansion and investment development activities.Hand-Carried Exports Scheme (HCES)
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 Exporters’ Scheme (MES)
Under MES, GST on non-dutiable goods is suspended at the point of import and also when the goods are removed from Zero GST warehouses. -
Double Tax Deduction for Internationalisation (DTDi)
Companies planning to expand overseas can benefit from the DTDi, with a 200% tax deduction on eligible expenses for international market expansion and investment development activities. -
Corporate Income Tax Rebate for YA2020
No application is required. Companies will be granted a 25% Corporate Income Tax Rebate capped at $15,000.Deferment of Income Tax Payments
No application is required. Automatically defer corporate income tax payments for 3 months for companies and self-employed persons (SEPs). Tax due from April to June 2020 is payable only from July to September 2020.Property Tax Rebate 2020
No application is required. Owners of qualifying properties will be receive up to 100% of property tax rebates, to be fully passed on to their tenants, by reducing/offsetting rentals or through a payment. -
Major Exporters’ Scheme (MES)
Under MES, GST on non-dutiable goods is suspended at the point of import and also when the goods are removed from Zero GST warehouses.
For specific sectors
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Approved Import GST Suspension Scheme
Under AISS, GST-registered businesses in the aerospace industry enjoy added import GST suspension benefits for qualifying aircraft parts. -
Approved Third Party Logistics (3PL) Company Scheme
Approved logistics companies that provide logistics management services to overseas clients do not need to pay import GST or charge GST on the supplies of their overseas clients’ goods under certain circumstances. -
Approved Contract Manufacturer and Trade Scheme
Contract manufacturers and traders need not account for GST on value added activities supplied to non-GST registered overseas customers or overseas persons registered under the OVR regime as a pay-only person.