The RIC encourages companies to make sizeable investments that bring substantive economic activities to Singapore, in key economic sectors and new growth areas. It will be awarded on an approval basis, through the Singapore Economic Development Board (EDB) and Enterprise Singapore (EnterpriseSG).

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The RIC is a refundable tax credit announced in Budget 2024. It is designed to be consistent with the Global Anti-Base Erosion Rules for Qualified Refundable Tax Credits (“QRTC”). The RIC encourages companies to make significant new or expanded investments in substantive economic activities in Singapore in key economic

2024年2月20日 · Singapore will introduce a new Refundable Investment Credit (RIC) for substantive, high-value economic activities, as part of the country’s investment promotion toolkit, said Finance Minister Lawrence Wong on Friday (16 Feb 2024).

The Refundable Investment Credit (“RIC”) scheme seeks to enhance Singapore’s attractiveness for investments. The RIC encourages companies to make sizeable investments that bring substantive economic activities to Singapore, in key economic sectors and new growth areas. It will be awarded on an approval basis, through EDB and EnterpriseSG.

2024年3月1日 · 政府将推出新的可退还投资税收抵免（Refundable Investment Credit，简称RIC）措施，支持企业在本地发展高价值和具实质性的经济活动。 贸工部长颜金勇星期五（3月1日）在国会拨款委员会辩论贸工部开支预算时，做出以上宣布。

The Refundable Investment Credit (RIC), a tax credit with a refundable cash feature, encourages companies to undertake substantive and high-value economic activities in Singapore.

新加坡經濟發展局（ Economic Development Board, EDB）以及新加坡企業發展局（Enterprise Singapore, EnterpriseSG）將針對合格期間內之合格投資項目所產生之合格費用，給予可退還投資抵減。 合格期間：最高為期10年。

2024年12月11日 · The Refundable Investment Credit (RIC) is a refundable tax credit designed to support companies that are making substantial new or expanded investments in Singapore’s priority economic sectors. Unlike traditional tax rate incentives, which are limited in scope, the RIC focuses on direct financial support for companies carrying out projects ...

of the Refundable Investment Credit (RIC) on their future Singapore operations and determining its suitability for their investment plans. The RIC will be awarded on an approval basis through the EDB and/or Enterprise SG, with a focus on supporting targeted investments that drive economic development. More details are outlined below. 15 January ...