Advisory

International Headquarters (IHQ) Award The IHQ programme is an initiative designed by the Singapore government to support companies that intend to set up or expand their global or regional headquarters activities in Singapore. Depending on the scope of activity, applicant companies can also apply for the Pioneer Certificate Incentive (PC) and the Development and Expansion Incentive (DEI) which aim to encourage companies to develop capabilities and conduct new or expanded activities in Singapore. An approved company under the IHQ/PC/DEI programme is eligible for a concessionary tax rate of 10%, based on income derived from qualifying activities. The qualifying activities will […]

Global Traders Programme (GTP) The Global Trader Programme (GTP) was introduced in 2001. The objective of the program is to boost Singapore’s position as the preferred regional base for the trading operations of global traders. Well-established international players in their industry that have a wide trading and distribution network and are committed to expanding their operation from Singapore may apply to qualify for GTP.  This would include large size commodity traders, large manufacturers, and large-scale distributors. An approved company under the GTP programme is eligible for a concessionary tax rate of 10%, based on income derived from qualifying activities. The […]

Finance and Treasury Centre (FTC) Incentive The Finance and Treasury Centre Incentive is aimed at encouraging companies to grow treasury management capabilities and use Singapore as a base for conducting treasury management activities for the region. Typically, an FTC is part of a larger presence of a company in Singapore, which may include manufacturing, R&D or a range of headquarters activities. An approved company under the FTC programme is eligible for a concessionary tax rate of 8%, based on income derived from qualifying activities. This will be based on qualifying income derived from qualifying FTC services to approved network companies […]