Research and Development and Intellectual Property

To encourage pervasive R&D in Singapore and to build innovative capabilities of our people and businesses, businesses can enjoy the following tax deductions on qualifying expenditure incurred on qualifying R&D activities:

  • Tax deduction of 100% for R&D, under section 14D of the Income Tax Act (ITA); and
  • Enhanced tax deduction of 150% for R&D done in Singapore, under section 14DA(1) of the ITA, from YA 2019 to YA 2025.

For more details on R&D tax deductions and their qualifying criteria, please refer to IRAS’ website.