50% corporate income tax rebate in YA2025 – Minimum benefit of $2,000 (for active companies with at least one local employee in 2024). Total benefits capped at $40,000.
Supporting Enterprise transformation – SkillsFuture Enterprise Credit $10,000 of redesigned credit for eligible companies. To defray upfront costs of workforce transformation, Available in second half of 2026 and valid for 3 years.
Personal Income tax rebate for all tax resident individuals – 60% rebate (capped at $200) for YA2025.
Tax incentive introduced for companies and registered business trusts (tax resident in Singapore) to list in Singapore and grow their economic activities here.
Companies that put up primary listings will receive a 20% corporate income tax rebate, while secondary listings with share issuance will receive a 10% corporate income tax rebate. Companies will need to remain listed on the Singapore exchange for 5 years.
The rebates are subject to a cap of $6 Million per Year of Assessment for qualifying entities with market capitalization of at least S$1billion or S$3 Million per YA for entities with market capitalization of less than S$1 billion.
Tax incentive introduced under the FSI-FM scheme for newly listed fund managers. Tax benefit – a 5% concessionary income tax rate on qualifying income (subject to meeting qualifying conditions).
Tax exemption introduced on fund manager’s qualifying income arising from funds investing substantially in Singapore-listed Equities (subject to meeting qualifying conditions).
Extension of the double tax deduction for Internationalization Scheme from 31 December 2025 till 31 December 2030.
Extension of the Mergers and Acquisition Scheme from 31 December 2025 till 31 December 2030.
Enhancements made to Section 13W of the Income Tax Act 1947 that provides upfront certainty of non-taxation of companies’ disposal gains.
Introduction of a tax deduction on payments made to the Holding company or a special purpose vehicle for issuance of new shares of the holding company under employee equity-based remuneration schemes.
Introduction of an additional concessionary tax rate tier of 15% for the Financial Sector Incentive scheme.
Extension and enhancement of the Maritime Sector Incentive (“MSI”).
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