Singapore is reinforcing its role as a global financial hub, leveraging its strategic position in the Asia-Pacific through the proactive efforts of the Singapore Exchange (SGX). In alignment with Budget 2025’s focus on innovation and enterprise growth, the SGX and the Monetary Authority of Singapore (MAS) have introduced key initiatives to revitalize the equities market, including a S$4 billion market injection and tax incentives to attract corporate listings. A new Corporate Income Tax rebate—20% for primary listings and 10% for secondary listings—is available to qualifying companies until the end of 2027. Additionally, the GEMS scheme offers substantial co-funding for listing expenses, easing entry for foreign firms and reinforcing Singapore’s appeal as a preferred destination for capital raising and market expansion.
Originally Published by Crowe Singapore, on 22 May 2025
