Pioneer Industries (Manufacturing) Factsheet
Headquarters Activities
To develop high-value and substantive economic activities in Singapore, we encourage businesses to upgrade their capabilities or expand the scope of their business operations in Singapore, including through several
incentives and schemes.
The Pioneer Certificate Incentive (PC) and the Development and Expansion Incentive (DEI) aim to encourage companies to grow capabilities and conduct new or expanded economic activities in Singapore. Companies that carry out global or regional headquarters (HQ) activities of managing, coordinating and controlling business activities for a group of companies may also apply for DEI for the HQ activities.
Manufacturing Activities
Find out about Singapore’s manufacturing ecosystem, and how manufacturers have benefitted from establishing operations in Singapore here.
Headquarters Activities
Services Activities
The Finance and Treasury Centre (FTC) Incentive aims to encourage companies to grow treasury management capabilities and use Singapore as a base for conducting strategic finance and treasury management activities.
The Aircraft Leasing Scheme (ALS) and Aircraft Investment Manager (AIM) Incentive aim to encourage companies to develop aircraft leasing capabilities and grow the aircraft leasing industry in Singapore.
The IP Development Incentive (IDI) aims to encourage the use and commercialisation of intellectual property rights arising from research and development (R&D) activities.
This scheme was introduced to help original equipment manufacturers (OEMs), and their suppliers cover a portion of costs related to equipment, materials, testing, and professional services.
The Research and Innovation Scheme for Companies (RIS(C)) aims to encourage companies’ technology development and innovation activities, to bring about the development of product and processes from Singapore.
The Tech@SG Programme aims to help fast-growing companies establish their core teams in Singapore and more quickly capture business opportunities here and in the region. Jointly administered by EDB and Enterprise Singapore, the programme will facilitate the entry of global technology talent for eligible companies.
Tech.Pass is a visa that allows established tech entrepreneurs, leaders or technical experts from around the world to come to Singapore to perform frontier and disruptive innovations. The pass is administered by the Singapore Economic Development Board.
The Training Grant for Company (TGC) aims to encourage manpower capability development in applying new technologies, industrial skills and professional know-how through the support of training programmes for companies’ employees.
The Resource Efficiency Grant for Emissions (REG(E)) aims to encourage improvement in energy efficiency of manufacturing facilities and data centres. The REG(E) is part of the Enhanced Industry Energy Efficiency package, with the Energy Market Authority (EMA), Singapore Economic Development Board (EDB) and the National Environment Agency (NEA) each rolling out initiatives to extend stronger support to companies in their drive to become more energy efficient and reduce carbon emissions.
The Land Intensification Allowance (LIA) aims to encourage the intensification of industrial land use towards more land-efficient and higher value-added activities.
The Sustainability Reporting Grant (SRG) aims to provide funding support for companies to cover a portion of their costs in producing their first sustainability report in Singapore that is to be consistent with the International Sustainability Standards Board’s (ISSB) standards. The grant is available to:
The grant aims to support companies in performing early-stage carbon project development and financing activities that could generate high-quality Article 6 carbon credits. The grant also seeks to support Singapore-based carbon project developers in establishing project development capabilities in Singapore and further nurture Singapore’s carbon services ecosystem.
For statutes relating to the tax incentives in the above, please refer to the Economic Expansion Incentives Act and the Income Tax Act.