Singapore Business Grants: The Essential Guide for Businesses to Maximise Opportunities
Singapore's 2025 budget has continued to signal strong government commitment towards enabling business resilience, transformation and innovation. At the forefront of this support are enhanced Singapore business grants , streamlined access tools and a highly publicised corporate income tax rebate, which together create a compelling opportunity for companies of all sizes to plan strategically for growth.
Whether you are a startup founder, SME operator or corporate leader, understanding how to tap into these resources can provide critical momentum for your business.
In this article, we unpack the most relevant Singapore business grants, explore their connection to the 2025 tax rebate, and show how to navigate the landscape using GoBusiness Singapore.
Understanding the 2025 Tax Rebate
As part of the 2025 Budget, eligible companies will receive a 50% corporate income tax rebate, capped at SGD$40,000. This immediate relief puts tangible cash back into businesses, offering the flexibility to reinvest in areas that drive productivity and long-term value.
This tax rebate is automatic for qualifying companies and applies to the Year of Assessment 2025. While this alone offers relief, the bigger picture lies in using these savings to unlock co-funding opportunities available through various Singapore business grants .
More information on the corporate income tax rebate for the Year of Assessment 2025, including the 50% rebate, SGD$40,000 cap and eligibility details, can be found on the IRAS website.
How to Receive the 50% Corporate Tax Rebate for YA2025
If your company is eligible, the 50% corporate income tax rebate (capped at SGD$40,000) will be automatically granted when you file your tax return for YA2025.
Outlined below is the typical process:
Complete your financial year
Your company’s income for the financial year ending in 2024 (e.g. 31 December 2024 or 30 November 2024) will be assessed in YA2025.Prepare your corporate tax computation
This includes chargeable income, allowable deductions and any applicable tax incentives.File your Corporate Income Tax Return
Submit Form C-S (for qualifying smaller companies) or Form C by 30 November 2025 via the IRAS myTax Portal.IRAS automatically applies the tax rebate
If your company qualifies, the 50% rebate (up to SGD$40,000) will be calculated and deducted from your tax payable.Receive your Notice of Assessment (NOA)
IRAS will issue your final tax bill showing the rebate deduction.
You do not need to submit a separate application for the rebate. Just ensure your tax filing is timely and accurate. Learn more about Corporate Tax filing here.
Use GoBusiness Singapore as Your Starting Point
GoBusiness Singapore is the centralised government platform designed to help businesses explore grant opportunities, check eligibility and submit applications efficiently. Whether you are looking to upgrade your technology, expand overseas or apply for support for a new startup, this platform is the gateway.
You can access the GoBusiness Singapore portal here.
The GoBusiness Singapore platform includes an intuitive eligibility checker and detailed application workflows. It is regularly updated with government announcements and changes to funding frameworks, making it the most reliable first step in your grant journey.
Core Singapore Business Grants to Know in 2025
Singapore business grants in 2025 fall into three broad areas:
Capability building
Market expansion
Innovation
The following are among the most impactful programmes available to businesses in 2025:
1. Enterprise Development Grant (EDG grant)
The EDG grant supports Singapore-based companies looking to grow and transform. It funds projects in areas such as business strategy, process optimisation, market access and product development.
Key highlights of the EDG grant:
Covers up to 50% of qualifying costs
Open to companies with at least 30% local shareholding
Requires a clear business plan and outcomes
Further information about the EDG grant is available on the Enterprise Singapore website.
2. Productivity Solutions Grant (PSG)
PSG is designed to help businesses adopt pre-approved IT solutions and equipment to improve productivity. Solutions are regularly updated to reflect evolving industry needs, including automation tools and sector-specific software.
Co-funds up to 50% of cost
Streamlined application via GoBusiness Singapore
Suitable for SMEs across retail, F&B, logistics and other sectors
Explore PSG options here on the GoBusiness Singapore website.
3. Market Readiness Assistance (MRA) Grant
The MRA grant assists Singapore businesses in entering overseas markets. It funds activities such as market research, overseas marketing campaigns and participation in trade fairs.
Up to 70% support on eligible activities
Capped at SGD$100,000 per new market
Application must be submitted before activities commence
Details are available from Enterprise Singapore.
4. Grants for Startups in Singapore
Several targeted initiatives are available for under the Startup SG umbrella. These include Startup SG Founder for early-stage entrepreneurs and Startup SG Tech for product development and commercialisation.
Key notes:
Typically require a Private Limited entity with local shareholding
Co-investment models or proof of traction may be required
See the full suite of grants for startups in Singapore.
5. Intellectual Property Development Incentive (IDI)
While not a grant, the IDI offers significant tax concessions to companies that commercialise qualifying intellectual property developed through R&D in Singapore.
Concessionary tax rates of 5%, 10% or 15%
Applicable to IP income including royalties and licensing fees
Details can be found on the Economical Development Board (EDB) website.
Why Linking Grants and the Tax Rebate Matters
The 2025 tax rebate is not just a stand-alone benefit. When used strategically, it provides working capital that can help businesses meet the co-funding requirements attached to many Singapore business grants.
For SMEs and mid-sized companies, this tax rebate can serve as a cash injection to reduce financial pressure when investing in new capabilities. Rather than treating the rebate as a one-off saving, it can be repurposed to unlock further government support and drive growth in a structured way.
Some practical examples include:
Using the tax rebate to fund the upfront portion of a PSG-supported solution such as inventory management software or a digital accounting system
Allocating funds toward consultancy or equipment costs that qualify under the EDG grant for process improvement or market expansion
Setting aside working capital to co-fund product development or IP protection under grants for startups in Singapore
Many businesses do not realise that Singapore business grants and tax relief are designed to work together. This is often because the information is fragmented across multiple agencies or the criteria appear overly complex. However, with the right support, the pathway becomes much clearer.
Costs that can typically be offset or subsidised include:
Equipment and technology purchases
Software and digital solutions
Overseas branding and marketing
Professional services (consultants, IP, R&D)
Training and capability building
Planning ahead is essential. Most Singapore business grants require that applications be submitted and approved before any purchases or engagements begin. Timing your application to follow receipt of the tax rebate ensures the funds are readily available and deployed productively.
GoBusiness Singapore is the recommended starting point to explore eligibility and submit your applications. However, CSLB Asia can help you navigate this process, identify the right grant pathways, and ensure your documentation meets the required standards.
Eligibility and Compliance: What You Must Know
While grant requirements vary, the common criteria include:
Business must be registered and operating in Singapore
Must be a Private Limited company
At least 30% local shareholding
Sound financial standing
Applications often require supporting documentation such as business plans, project quotes and projected outcomes. CSLB Asia can assist with structuring your application and ensuring alignment with current government expectations.
We offer a free introductory call to discuss your requirements.
From Application to Approval: Your Strategic Grant Partner
CSLB Asia offers comprehensive support for businesses navigating the Singapore business grants landscape. Our expertise includes:
Eligibility assessment and structuring advice
Application preparation and submission
Compliance and reporting support post-approval
We also assist with broader corporate services such as financial management, HR and governance to ensure your business remains grant-ready throughout its growth lifecycle. Book a free introductory call today.
Start Your Grant Journey Today
Singapore business grants in 2025 are more accessible and impactful than ever, especially when paired with the government’s ongoing tax rebate. Whether you are scaling a startup, digitising operations or exploring new markets, these tools are designed to support your ambition.
Explore your options through GoBusiness Singapore or speak with our team to plan your next step with clarity and confidence.