Enterprise Innovation Scheme (EIS)
Provides Singapore firms with enlarged tax deductions for qualifying innovation, intellectual property, and training expenses.
The Enterprise Innovation Scheme (EIS) is a statutory tax incentive co-administered by the Inland Revenue Authority of Singapore (IRAS) and Enterprise Singapore (ESG), announced in Budget 2023 and active for Years of Assessment 2024 through 2028. It provides enhanced 400% tax deductions on qualifying innovation expenditure across four original activities: qualifying R&D undertaken in Singapore, re…
Singapore statutory tax scheme providing 400% deductions on up to S$400,000 of qualifying R&D, IP, and training expenditure per year, with an optional cash payout of up to S$20,000.
Sign up free to see the funding breakdown
Sign up free to see the industries in scope
Sign up free to see the full eligibility
Sign up free to see how to apply