R&D tax incentives

The Singapore Government encourages businesses to build competitive advantage through research and development (R&D) by providing tax and financial incentives.

There are various R&D incentives available to small-medium enterprises (SMEs) or multinationals, and it is important to know whether your company is eligible for such tax benefits.

Business owners often seek our assistance with a range of R&D programmes, including preparation of supporting R&D project documentation for submission, and identifying available R&D incentives and associated benefits.

Our network of R&D incentive specialists help businesses to understand this landscape,  matching your business needs and R&D investments with relevant incentives and benefits.

As you prepare for new or improved products, devices, materials, processes or services, our experienced team will study eligibility and planning issues that may arise and offer advice on how identified issues may be resolved.

To help you do business in a global marketplace, we have a Global R&D Incentives Services practice you can rely on.

• Ascertaining full claim of entitlement to R&D incentives, including Productivity and Innovation Credit benefits
• Reviewing and assessment of projects meeting relevant conditions
• Identifying potential qualifying R&D expenditure and extracting relevant cost claims
• Producing technical reports to support R&D incentives claims
• Liaising with authorities on claim queries 
• Establishing procedures for ongoing reviews of R&D expenditure