IRAS Productivity & Innovative Grant. 60% Cash Payout and/or 400% Tax Reduction
This page tells you how your business can enjoy 400% tax deductions/ allowances and/or 60% cash payout for investment in innovation and productivity improvements under the Productivity and Innovation Credit (PIC) scheme. The tax benefits under PIC are available from Years of Assessment (YAs) 2011 to 2018, for investment in any of the six qualifying activities.
SPRING Singapore is an agency under the Ministry of Trade and Industry responsible for helping Singapore enterprises grow and building trust in Singapore products and services. As the enterprise development agency, SPRING works with partners to help enterprises in financing, capability and management development, technology and innovation, and access to markets. As the national standards and accreditation body, SPRING develops and promotes an internationally-recognised standards and quality assurance infrastructure. SPRING also oversees the safety of general consumer goods in Singapore.
Singapore Logistics Association
Established since 1973, Singapore Logistics Association (SLA) aims to represent Singapore logistics with a mission to promote professionalism and excellence of the logistics industry. Its growing membership of more than 500 business entities today offers a diverse scope of logistics and ancillary support services.
IDA aims to grow Singapore into a dynamic global infocomm hub and to leverage infocomm for Singapore’s economic and social development.
Supply Chain Asia
Supply Chain Asia is a not-for-profit professional body that aims to bring professionals from within the logistics and supply chain industry together to share knowledge, learn from one another and create opportunities for collaborations.
The swirl is symbolic of AVA’s role in the protection of the living environment in Singapore and safeguarding the health of animals, fish and plants. Constantly evolving, the swirl adds a global perspective as AVA diversifies its food sources worldwide, while simultaneously developing Singapore into a regional hub of excellence for agrotechnology and agri-business.
Singapore Manufacturing Federation
The Singapore Manufacturing Federation (SMF), formerly known as the Singapore Manufacturers’ Association, was first established in 1932. Its main aim is to champion the Singapore manufacturing sector. Our mission is to represent the interest of the Singapore manufacturing community and to drive its competitiveness and sustainable growth through serving industry-specific needs.