Did you know that Singapore companies can get a 200% tax deduction for expenses when tapping into overseas business/markets?

The Double Tax Deduction for Internationalisation Scheme (otherwise known more conveniently as DTDi) allows Singapore companies to claim the above tax deduction on the first SGD 150,000 of eligible expenses in pursuance of the following activities:

1. Market Preparation;

2. Market Exploration;

3. Market Promotion; and

4. Market Presence

For more information as to how your company can take advantage of the DTDi scheme, please visit: Double Tax Deduction for Internationalisation – E-Services | Enterprise Singapore (enterprisesg.gov.sg).

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