Tax incentive: tax exemption on qualifying profits for up to 15 years.
Encourages the introduction and growth of new and better industry technologies, knowhow or skills.
Projects must result in the creation of new, or strategically expand existing, industries in Singapore
Reduces tax liability
Industry development/upgrading
Venture Capital Fund Incentive (S13H)
Suitable for
What the scheme does
Eligibility
Benefits
Type of assistance
Investors
Tax incentive: allows approved venture capital (VC) fund partial or full corporate tax exemption on income from divestment of shares, foreign dividends and foreign interest income.
Encourages venture capital activity in Singapore.
Approved VC fund should contribute to industry development for its financing.