Enterprise Innovation Scheme (EIS): New Tax Incentive for AI Adoption

As businesses increasingly incorporate Artificial Intelligence (AI) into their operations, Singapore has introduced a new tax incentive designed to encourage AI adoption across the economy. As part of the enhancements announced in Budget 2026, the Enterprise Innovation Scheme (EIS) now includes a new qualifying activity for the adoption of AI. Businesses may claim enhanced tax […]

Singapore Expands International Tax Transparency Framework: What Reporting Singaporean Financial Institutions (“SGFIs”) Need to Do Next

The Inland Revenue Authority of Singapore (“IRAS”) has announced three significant international tax transparency developments on 11 August 2026: Amendments to Singapore’s Common Reporting Standard (“CRS”) framework (“Amended CRS / CRS 2.0”) and publication of the Fifth Edition of the CRS e-Tax Guide; Introduction of the Crypto-Asset Reporting Framework (“CARF”) through new regulations and publication […]

Key S13U Updates 计划的主要调整

在第一部分中，我们介绍了新加坡金融管理局（MAS）推出的跨计划变更，以及与 S13O/S13OA 计划相关的主要更新。本文将重点说明影响 S13U 计划 的变更，包括适用于非单一家族办公室基金（non-SFO funds）和单一家族办公室基金（SFO funds）的更新。 继续阅读，了解 适用于非单一家族办公室基金（Non-Single Family Office Funds）的第 S13U 条要求变更、适用于自 2026 年 8 月 1 日或之后获批的单一家族办公室基金（Single-Family Office Funds）新奖项的第 S13U 条变更，以及现有单一家族办公室奖项（Existing Single-Family Office Awards）审批流程的修订。 欢迎联系我们的私人财富专业团队进行咨询，以减轻合规负担，并为《1947年所得税法》下优化后的基金税务优惠计划做好准备。   View the full article in PDF here.     CONTACT US CLA Global TS Private Wealth Specialists Edwin Leow廖俊茗 Co- Advisory Leader Director, Head of […]

Key S13U Updates

In Part 1 of this series, we highlighted the cross-scheme changes introduced by MAS as well as the key updates relating to the S13O/S13OA schemes. In this article, we focus on the changes affecting the S13U scheme, including updates applicable to both non-Single-Family Office (“non-SFO”) funds and Single-Family Office (“SFO”) funds. This is the second […]

Supporting Singapore Companies through their United States Market Expansion Plan

The United States (U.S.) offers a vast market for Singapore companies seeking to expand overseas. Despite ongoing trade tensions and regulatory uncertainties, many Singapore companies continue to be attracted to the US due to its access to capital, potential partnership opportunities, and a dynamic innovation ecosystem. Read more to discover the key considerations for U.S. […]

Cross-Scheme Changes and Key S13O/S13OA Updates 跨计划调整及 S13O/S13OA 主要更新

新加坡金管局（MAS）更新新加坡基金税务优惠计划（第一部分） 随着新加坡持续巩固其作为国际领先基金管理中心的地位，新加坡金融管理局（MAS）于 2026年7月31日 宣布对《1947年所得税法》下的 13D、13O、13OA 及 13U 基金税务优惠计划进行多项优化调整。有关调整旨在进一步提升新加坡作为基金管理和财富管理中心的竞争力, 同时减轻基金的合规负担。 一、适用于多个计划(S13D、S13O、S13OA 及 S13U) 的共同调整 取消实物投资贵金属（IPMs）5%的投资上限 此前，基金投资于实物投资贵金属（Investment Precious Metals，IPMs）只有在其占基金总投资组合比例不超过5%的情况下，才可被视为“指定投资(Designated Investments）”。 自 2026年8月1日 起，MAS已取消该限制，使基金能够更灵活地将实物贵金属纳入投资策略及资产配置，以实现投资组合多元化。   二、适用于非单一家族办公室基金 (Non-SFO Funds) 的 S13O/S13OA 调整 取消年度最低资产管理规模（AUM）要求 现行规则 对于不同获批时间的基金： 2025年1月1日前获批的基金，须从2027财政年度（对应2028课税年度）开始满足DI AUM要求。 2025年1月1日至2026财政年度期间获批的基金，须在优惠期第三年结束前达到要求，并于之后每个财政年度持续维持。 2027财政年度或以后获批的基金，同样需在第三年结束前达到要求，并持续维持。   新规则 仅需在申请时具备不少于500万新元的DI资产管理规模。 未达标基金可获宽限期，最迟须于奖励的第3个课税年度对应基础期间结束前达到要求。 若届时仍未达到要求，税务优惠资格将追溯自获批日起撤销。 后续年度不再设年度最低DI AUM要求。   三、适用于2026年8月1日或之后获批的新SFO基金的S13O/S13OA调整 1. 投资专业人士（Investment Professional, IP）要求 新要求详情 为了给予家族办公室更多招聘时间： SFO基金申请时仅需聘请 1名合资格投资专业人士  须在首个课税年度基础期间结束前达到： 至少2名合资格IP； 其中至少1名为非家族成员。 […]

Cross-Scheme Changes and Key S13O/S13OA Updates

MAS Refreshes Singapore Fund Tax Incentive Schemes – Part 1 As Singapore continues to strengthen its position as a leading international fund management centre, the Monetary Authority of Singapore (“MAS”) has on, 31 July 2026, introduced a number of refinements to the fund tax incentive schemes under Sections 13D, 13O, 13OA and 13U of the […]

Fair Value Is Not A Year-End Exercise: Audit and Valuation Readiness for Fund Managers

For fund managers, overseeing the financial reporting of the funds they manage is more than an annual compliance exercise. High-quality financial reporting supports investor confidence, regulatory compliance and the effective governance of each fund. This is particularly important where the funds hold unquoted investments. Unlike listed securities, these investments do not have readily observable market […]

Navigating Growth – Building Scalable, Investor-Ready and Public Market-Ready Businesses

The Opportunity Singapore has established itself as one of the world’s most attractive destinations for startup companies. Supported by a stable regulatory environment, world-class infrastructure, strong intellectual property protection, and a strategic location at the heart of Southeast Asia (SEA), Singapore continues to attract entrepreneurs, investors, and multinational corporations seeking innovation and growth. Singapore continues […]

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