Singapore Investment Schemes
Here is a range of taxation schemes and Financial Schemes available for Singapore registered business entities to assist in establishing new business such as the
Innovation Development Scheme (IDS)
Research Incentive Scheme for Companies (RISC)
Initiatives in New Technology (INTECH)
EDBI assists in co-funding to support
innovation in products, processes and applications
the set up or development of Research and Development Centers in strategic areas of technology
the manpower development in the application of new technologies, industrial R&D and professional know-how
Global Investor Program
Under The Global Investor Program a potential investor can apply for a Permanent Residency (PR) in Singapore, if the investment is
at least S$2.5 million in a new business entity or expansion of an existing business operation (option A)
at least S$2.5 million in a GIP-approved fund. (Option B) See list of approved funds
The above is taking effect from January 1 2011.
Family members (except parents and parents-in-law) can be included in the main GIP's PR application.
Assessment criteria for applicants with entrepreneural and business track record
( GIP option A and B)
The applicant must possess at least 3 years of entrepreneurial track record and must produce audited financial statements of his company for the last 3 years.
The turnover of the applicant’s company must be : - At least S$30 million per annum in the most recent year; and - At least S$30 million per annum on average for the last 3 years.
The applicant’s share ownership and role in the company, as well as the profitability of his company would be taken into consideration.
Assessment criteria for applicants without entrepreneural and business track record
(GIP option A only)
The applicant must have at least 10 years of corporate management experience
The applicant must be currently undertaking a senior management role in the company such as Chairman, CEO, CFO, CTO, etc.
The turnover of the company in which the applicant is employed must be at least S$100 million
See here for a timeline with deadlines of the various steps of the application.
For an investor within a company not qualifying for the above, there are several ways to enter and re-enter Singapore during the set up of business operations. Investors can either apply for a
Multiple Journey Visa
Long-Term Visit Pass for Entrepreneurs (LTVP)