R&D Tax Incentives in Singapore

Singapore offers enhanced corporate income tax deductions to companies carrying out qualifying research and development.

R&D tax benefits at a glance

Up to 400%tax deduction

YA 2024–2028 · Qualifying R&D in Singapore

For Years of Assessment 2024 to 2028, qualifying R&D undertaken in Singapore can benefit from tax deductions of up to 400% on the first S$400,000 of qualifying R&D expenditure, with enhanced deductions continuing above that threshold.

The enhanced deduction reduces taxable income rather than providing a direct tax credit. The actual tax benefit therefore depends on the company's expenditure profile and tax position.

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Track record

10 years

specialist experience

90+ clients

companies advised

$120M

in incentives supported

End-to-end R&D tax claim support

Reeve | R&D brings specialist, senior-led support to the R&D tax workstream and manages the claim as one integrated process, from the initial assessment through to final substantiation.

Tell us what your business is developing and how the R&D is organised. We can assess the potential projects, claimant structure and expenditure before determining the appropriate next steps.

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