Where to apply for some tax incentives?
There are various types of tax incentives available to companies and these are provided in the Singapore Income Tax Act (ITA) and Economic Expansion Incentives Act (EEIA). Some of the tax incentives available are listed in the table below.
| Governing legislation |
Types of incentives |
Where to apply |
| ITA/S13F |
Approved International Shipping Enterprise |
MPA
www.mpa.gov.sg |
| ITA/S13H |
Approved Venture Company |
EDB
www.edb.gov.sg |
| ITA/S13S |
Exemption of income of shipping investment enterprise |
MPA
www.mpa.gov.sg |
| ITA/S14B |
Further deduction for expenses relating to Approved Trade Fairs, Trade Exhibitions, Trade Missions or to maintenance of overseas Trade Office |
IE Singapore
www.iesingapore.gov.sg |
| ITA/S14E |
Further deduction for expenses on Research and Development Project |
EDB
www.edb.gov.sg |
| ITA/S43C |
Tax incentives for insurance companies |
MAS
www.mas.gov.sg |
| ITA/S43E |
Concessionary rate of tax for Approved Operational Headquarters (OHQs) |
EDB
www.edb.gov.sg |
| ITA/S43G |
Concessionary rate of tax for Approved Finance and Treasury Centre |
EDB
www.edb.gov.sg |
| ITA/S43Q |
Concessionary rate of tax for Financial Sector Incentive Companies |
MAS
www.mas.gov.sg |
| ITA/S43P |
Approved Global Trading Company |
IE Singapore
www.iesingapore.gov.sg |
| ITA/S43W |
Concessionary rate of tax for shipping investment manager |
MPA
www.mpa.gov.sg |
| ITA/S43ZA |
Concessionary rate of tax for container investment enterprise |
MPA
www.mpa.gov.sg |
| ITA/S43ZB |
Concessionary rate of tax for container investment manager |
MPA
www.mpa.gov.sg |
| ITA/S43ZE |
Concessionary rate of tax for ship broking and forward freight agreement trading |
MPA
www.mpa.gov.sg |
| EEIA/ Part II |
Pioneer Industries |
EDB
www.edb.gov.sg |
| EEIA/ Part III |
Pioneer Service Companies |
EDB
www.edb.gov.sg |
| EEIA/ Part IIIB |
Development & Expansion Incentive |
EDB
www.edb.gov.sg |
| EEIA/Part X |
Investment Allowances |
EDB
www.edb.gov.sg |