Do companies need to submit an application to IRAS to receive the rebate or grant?
No application is required. IRAS automatically processes the tax rebate [...]
Will companies that made a loss still receive any support?
Yes. Even loss-making or low-profit companies can receive the S$2,000 [...]
Do shareholder-directors count towards the local employee requirement?
No. Shareholder-directors do not qualify as employees for this cash [...]
Can a company receive both the S$40,000 rebate and the S$2,000 cash grant?
No. The total combined support is capped at S$40,000. Companies [...]
Who is eligible to receive the YA 2025 tax rebate and cash grant?
All active Singapore companies — including locally owned, foreign-owned, startups, [...]