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Double Tax Deduction for Internationalisation (DTDi)

Companies can claim 200% tax deduction on eligible costs of overseas market expansion, development, and internationalisation.

Purpose of the Scheme

Businesses get financial support from Government through tax deductions when they embark on overseas business activities.

Eligibility Criteria

Singapore-registered businesses with the primary purpose of promoting the trading of goods or provision of services.

You are not enjoying existing tax incentives from the Government. Some examples are:

  • Pioneer Incentive and Development & Expansion Incentives under the Economic Expansion Incentive Act (EEIA)
  • Productivity & Innovation Credit for Investments in Design (PIC in Design) under Income Tax Act (ITA)

Funding Support

  • 200% tax deduction on eligible expenses for supported market expansion and investment development activities

  • These activities include:
    • Overseas business development trips and missions
    • Overseas investment study trips and missions
    • Overseas trade fairs
    • Local trade fairs approved by Enterprise Singapore or the Singapore Tourism Board (STB)
    • Market surveys and feasibility studies
    • Investment feasibility and due diligence studies
    • Design of packaging for overseas markets
    • Product or service certification
    • Overseas advertising and promotional campaigns
    • Master licensing and franchising
    • Overseas trade offices
    • Production of corporate brochures for overseas distribution
    • Advertising in approved local trade publications
    • Manpower expenses for Singaporeans posted to new overseas entities
       
  • You can also automatically claim 200% tax deduction on the first S$150,000 of eligible expenses for the activities listed below per year of assessment. No prior approval from Enterprise Singapore is required. Only expenditure exceeding S$150,000 will require Enterprise Singapore’s approval.
    • Overseas business development trips and missions
    • Overseas investments study trips and missions
    • Overseas trade fairs
    • Local trade fairs approved by Enterprise Singapore or STB
  • Please maintain documentation as proof of expenditure (e.g. trip itinerary, companies met, invoices & receipts, etc.)

To Apply

  • Submit your application online with your SingPass/CorpPass for activities:
    • that do not fall under automatic DTD
    • with quantum exceeding the first S$150,000 for that year of assessment under automatic DTDi
  • If you are a new DTDi user, register here.

 

For More Info

Double Tax Deduction For Internationalisation (DTDi)

Enterprise Singapore
230 Victoria Street #10-00
Bugis Junction Office Tower
Singapore 188024

1 Fusionopolis Walk
#01-02 South Tower, Solaris,
Singapore 138628

 

Last Modified Date: 03 Oct 2019