Enterprise Innovation Scheme
Enterprise Innovation Scheme (EIS)
Status not published
Claimed through the annual Corporate Income Tax return (Form C-S/C). The scheme was legislated for Years of Assessment 2024 to 2028; the cash payout option must be elected by the relevant filing deadline.
Enhanced tax deductions/allowances of up to 400% on the first S$400,000 of qualifying expenditure per Year of Assessment across five activity categories (qualifying R&D in Singapore, IP registration, IP acquisition/licensing, approved training, and innovation projects with polytechnics/ITE). Eligible businesses may instead opt for a non-taxable cash payout of up to S$20,000 in lieu of deductions.
Inland Revenue Authority of Singapore (IRAS)
public · national
Deadline: One call a year — Claimed through the annual Corporate Income Tax return (Form C-S/C). The scheme was legislated for Years of Assessment 2024 to 2028; the cash payout option must be elected by the relevant filing deadline.
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Moderate — a form and supporting documents.
Who can apply
- Stage: seed, Series A and growth
- R&D activity required
- Locally registered entity required
Singapore tax-resident businesses carrying on a trade or business. The cash payout option requires at least three local employees earning CPF contributions in the relevant period.
How to apply
- Identify and document qualifying innovation expenditure during the financial year.
- Decide whether to claim enhanced deductions or elect the cash payout conversion.
- File the claim in the annual Corporate Income Tax return via myTax Portal.
- Retain supporting documentation for IRAS review.
What you will need
- Corporate income tax return
- R&D claim form and technical project write-up where R&D is claimed
- Invoices and payment records for qualifying expenditure
- Cash payout election form (if applicable)
Related reading: How grant deadlines actually work · R&D tax credit vs. grant: the difference that changes your claim
Source. https://www.iras.gov.sg/schemes/disbursement-schemes/enterprise-innovation-scheme-(eis)
"In Budget 2026, the EIS was enhanced to include a new qualifying activity for the adoption of artificial intelligence (AI) for YA 2027 and YA 2028."
Last checked against the official page on 5 October 2026
Source: www.iras.gov.sg
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