SMPs must fulfil the following criteria to be eligible for the grant:
1) Registered business entity in Singapore
2) Purchase/subscription of the IT solution must be used in Singapore)
3) The applicant must not have: a. Made any payment to a supplier, vendor or third party in relation to the purchase/ lease/ subscription of the IT solution b. Signed or confirmed any contract or purchase order with a supplier, vendor or third party in relation to the purchase/ lease/ subscription of the IT solution
4) Primary or secondary Singapore Standard Industrial Classification (SSIC) code must start with 692 (i.e Accounting, bookkeeping and auditing activities; tax consultancy)
5) Group annual sales turnover of not more than S$100 million or group employment size of not more than 200 workers
6) At least 30% local shareholding
1) Get a quotation from us
2) Submit an application on the Business Grants Portal (https://www.businessgrants.gov.sg/)
Documents to prepare for submission:
Purchase SINGTAX Corporate with the LOF
Install software and perform training
Enjoy software for 2 years
Submit 6th and 18th month claims on the Business Grants Portal
Email us at support@taxconnection.com.sg to learn more!