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. 

  • If you qualify for the NOR scheme, you may enjoy the benefit of time apportionment of employment income and tax exemption on contributions made by the employer to an overseas pension fund for five consecutive years, subject to qualifying conditions. 

    The last such NOR status will be from YA 2020 to YA 2024. Individuals who have been accorded the NOR status will continue to enjoy NOR tax concessions until their NOR status expires, if they continue to meet the condition of the concessions.

  • 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 SEEDS Capital under Startup SG Equity will also qualify for the scheme.