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      The Singapore Government encourages businesses to build competitive advantage through research and development (R&D) by providing tax and financial incentives.

      There are various R&D incentives available to small-medium enterprises (SMEs) or multinationals, and it is important to know whether your company is eligible for such tax benefits.

      How we can help

      Business owners often seek our assistance with a range of R&D programmes, including preparation of supporting R&D project documentation for submission, and identifying available R&D incentives and associated benefits.

      Our network of R&D incentive specialists help businesses to understand this landscape,  matching your business needs and R&D investments with relevant incentives and benefits.

      As you prepare for new or improved products, devices, materials, processes or services, our experienced team will study eligibility and planning issues that may arise and offer advice on how identified issues may be resolved.

      To help you do business in a global marketplace, we have a Global R&D Incentives Services practice you can rely on.

      Our services

      • Ascertaining full claim of entitlement to R&D incentives, including Productivity and Innovation Credit benefits
      • Reviewing and assessment of projects meeting relevant conditions
      • Identifying potential qualifying R&D expenditure and extracting relevant cost claims
      • Producing technical reports to support R&D incentives claims
      • Liaising with authorities on claim queries 
      • Establishing procedures for ongoing reviews of R&D expenditure


      • Singapore Tax Advisory Firm of the Year

        International Tax Review Asia-Pacific Tax Awards 2024

      • Singapore Tax Disputes Advisory Firm of the Year

        International Tax Review Asia-Pacific Tax Awards 2024​

      • Regional Tax Policy Firm of the Year

        International Tax Review Asia-Pacific Tax Awards 2024​

      • Regional Withholding Tax Firm of the Year

        International Tax Review Asia-Pacific Tax Awards 2024​

      • Regional Diversity & Inclusion Firm of the Year

        International Tax Review Asia-Pacific Tax Awards 2024


      Our Insights

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      Our people

      Bo Han Lee

      Partner, R&D and Incentives Advisory

      KPMG in Singapore


      Connect with us

      KPMG combines our multi-disciplinary approach with deep, practical industry knowledge to help clients meet challenges and respond to opportunities. Connect with our team to start the conversation.