Applying For Tax Incentives

Tax incentives for companies 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

Tax incentives for companies 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

Exemption of international shipping profits

MPA
www.mpa.gov.sg

ITA/S13H

Exemption of income of venture company

SPRING SINGAPORE
www.spring.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 expenditure on research and development project

EDB
www.edb.gov.sg

ITA/S43C

Exemption and concessionary rate of tax for insurance and reinsurance business

MAS
www.mas.gov.sg

ITA/S43G

Concessionary rate of tax for Finance and Treasury Centre

EDB
www.edb.gov.sg

ITA/S43P

Concessionary rate of tax for global trading company and qualifying company

IE Singapore
www.iesingapore.gov.sg

ITA/S43Q Concessionary rate of tax for financial sector incentive company 

MAS
www.mas.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 and Expansion Incentive

EDB
www.edb.gov.sg

EEIA/Part X

Investment Allowances

EDB
www.edb.gov.sg

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