Tax Incentives for R&D in Singapore: Boosting Innovation and Economic Growth
Singapore, often termed as one of Asia’s economic powerhouses, is renowned for its business-friendly environment, strategically advantageous location, and robust infrastructure. The city-state has identified research and development (R&D) as a pivotal driver of long-term economic growth and global competitiveness. To foster an innovation-driven economy, the Singaporean government has instituted several tax incentives for R&D … Read more