Trade Development Incentives

Trade Development Incentive (TDI)

The Trade Developemnt Incentives (TDI) provides matching grants to local company to develop international trade

• Develop total marketing plans to penetrate new and emerging markets

• Set up an overseas marketing office

• Develop e-commerce capabilities to support international market

• Develop brand and marketing strategies

• Develop direct marketing strategies

• Develop and market franchise concepts

• Venture in product design research, consultancy and production of mock ups

• Expand the portfolio of internatioanl projects

• Develop intellectual property rights and licenses

Double Tax Deduction (DTD) Scheme

The Double Tax Deduction (DTD) scheme for market development allows the approved company to deduct against their taxable income twice the eligible expenses incurred in the follwing activities:

• Participate in overseas trade fairs/missions

• Participate in approved local trade exhitions

• Set up of overseas marketing offices

• Market licensing and market franchising

• Advertise in approved local trade publications

• Printing of corporate brochures, catalogues for distribution in overseas market

• Engage in approved overseas market development activities.

Global Trader Programme (GTP)

The aim is to attract major international companies to use Singapore as a competitive trading hub. Company with the GTP status enjoy a concessionary tax rate of 10% on international trading activities in approved commodities and products.

Approved Cyber Trader Scheme (ACT)

Companies conduct its principal E-Commerce activities, business and support function in Singapore for internet international business may apply for the ACT incentive

Approved International Shipping Enterprise Scheme (AIS)

International shipping companies operate in Singapore may apply for the AIS incentive and enjoy exemption for 10 years on income for qualifying shipping operations

Approved Exhibition Organiser Scheme

Singapore-based exhibition organisers to stage new trade shows or to grow existing shows in Singapore may apply for for the scheme and enjoy a concessionary tax rate of 10% on incremental income derived by approved exhibition organisers.