Special Tax Schemes

  • If you work for a foreign employer and operate from a base in Singapore to discharge your regional functions and duties, you may enjoy time apportionment of employment income, subject to qualifying conditions. 

  • The NOR scheme extends favourable tax treatment to qualifying individuals for a period of five consecutive years. A NOR taxpayer will enjoy the benefit of time apportionment of employment income, that is, he pays income tax on only that part of his employment income that corresponds with the number of days he spends in Singapore. In addition, the NOR taxpayer gets to enjoy tax exemption on contributions made by the employer to an overseas pension fund which would otherwise be taxable in his hands.
  • The Supplementary Retirement Scheme (SRS) is a voluntary scheme to encourage individuals to save for retirement, over and above their CPF savings. Contributions to SRS are eligible for tax relief. Investment returns are tax-free before withdrawal and only 50% of the withdrawals from SRS are taxable at retirement.


  • This is an incentive scheme to encourage individuals to invest in start-up companies and help the companies grow through their management expertise/business networks etc.

    The scheme is available from 1 Mar 2010 to 31 Mar 2020. Investments made on or after 24 Feb 2015 and that are supported by SPRING Start-up Enterprise Development Scheme (SEEDS) and Business Angel Scheme (BAS) will also qualify for the scheme.