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Enterprise Innovation Scheme (EIS)

Q: Who is eligible for EIS?

Applicants must be registered and operating in Singapore. Companies, sole proprietorships, partnerships, registered business trusts and Singapore branches/subsidiaries of foreign companies carrying on active business in Singapore Expenditure must be net of government grants/subsidies Cash payout: at least 3 full-time local employees (SC/PR, >= S$1,400 gross monthly, >= 35 hours/week, excl. sole proprietors, partners, shareholder-directors) with CPF for at least 6 months in the basis period Cash payout: at least S$400 qualifying expenditure; tax return filed on time Investment holding companies, clubs/associations, charities and VCCs cannot take the cash payout

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· Last verified 23 Oct 2026

400% tax deductions (or a 20% non-taxable cash payout) on qualifying R&D, IP registration, IP acquisition/licensing, approved training and innovation projects with polytechnics/ITE, YA 2024 to YA 2028. AI adoption spending is added for YA 2027-2028.

Support: 400% deduction on first S$400,000 per activity for: R&D in Singapore, IP registration, IP acquisition/licensing (combined; revenue < S$500m), SWDA-supported training. 400% on first S$50,000 for innovation projects with polytechnics, ITE or other qualified partners. New: 400% on first S$50,000 of qualifying AI expenditure (YA 2027-2028, no cash payout). Cash payout option: convert up to S$100,000 of qualifying expenditure per YA at 20% = max S$20,000, non-taxable.
Maximum funding: S$20,000
How to apply: Form C/C-S (EIS section) for deductions; myTax Portal 'Apply for EIS Cash Payout' digital service
Apply before starting?: No

Recent changes

Budget 2026: new AI adoption qualifying activity for YA 2027 and YA 2028 - 400% deduction on first S$50,000 of qualifying AI expenditure, no cash payout option. Sectoral AI Centre of Excellence for Manufacturing added as a partner institution. Scheme runs YA 2024-2028.

Who is eligible

Registered and operating in Singapore
Companies, sole proprietorships, partnerships, registered business trusts and Singapore branches/subsidiaries of foreign companies carrying on active business in Singapore
Expenditure must be net of government grants/subsidies
Cash payout: at least 3 full-time local employees (SC/PR, >= S$1,400 gross monthly, >= 35 hours/week, excl. sole proprietors, partners, shareholder-directors) with CPF for at least 6 months in the basis period
Cash payout: at least S$400 qualifying expenditure; tax return filed on time
Investment holding companies, clubs/associations, charities and VCCs cannot take the cash payout

Quick eligibility check

1. Does your business carry on active business in Singapore?
2. Did you spend money on R&D, IP registration/licensing, approved training or a project with a polytechnic/ITE this year?
3. Is the spending net of any government grant you received?
4. Did you employ at least 3 full-time Singapore citizen/PR employees with CPF for 6+ months this year (for cash payout)?
5. Will you file your income tax return by the due date?
6. Is your business something other than an investment holding company, charity, club or VCC (for cash payout)?
7. Will you spend on AI adoption in YA 2027 or YA 2028 (new AI activity)?

0 of 7 answered.

What it covers

Qualifying R&D in Singapore (staff, consumables)
IP registration costs (patents, trade marks, designs, plant varieties)
IP acquisition and licensing costs
Course fees for SWDA-funded training aligned with Skills Framework
Innovation projects with polytechnics, ITE, A*STAR/approved partners (incl. Sectoral AI Centre of Excellence for Manufacturing)
AI adoption expenditure (YA 2027-2028)

How to apply

Incur qualifying expenditure in the basis period
Claim enhanced deduction in the EIS section of the Corporate Income Tax Return (by 30 Nov)
OR apply for cash payout via myTax Portal after filing the return and before the filing due date (companies YA 2026: opened 5 May 2026, due 30 Nov 2026)
Attach R&D Claim Form (R&D payouts) or Instalment Arrangement Template (IP acquisitions by instalment)
Receive payout by GIRO or PayNow

Processing time: Cash payout generally up to 3 months

Claims: Payout to GIRO account linked for Income Tax/GST or PayNow Corporate; one cash payout application per YA; IRAS may audit and recover.

Documents you need

Corporate Income Tax Return (Form C/C-S) with EIS section
R&D Claim Form (for R&D cash payout)
Instalment Arrangement Template (IP acquisition paid by instalment)
Invoices, receipts and contracts for qualifying expenditure (keep 7 years)
Training course fee invoices and course details (SWDA-supported)
IP registration/filing receipts
Agreement with polytechnic/ITE/partner institution (innovation projects)
CPF contribution records for 3 local employees (cash payout)
EIS Disposal of IPRs Form (within 30 days of any disposal)

Frequently asked questions

What is the Enterprise Innovation Scheme?

How much funding does EIS give?

400% deduction on first S$400,000 per activity for: R&D in Singapore, IP registration, IP acquisition/licensing (combined; revenue < S$500m), SWDA-supported training. 400% on first S$50,000 for innovation projects with polytechnics, ITE or other qualified partners. New: 400% on first S$50,000 of qualifying AI expenditure (YA 2027-2028, no cash payout). Cash payout option: convert up to S$100,000 of qualifying expenditure per YA at 20% = max S$20,000, non-taxable.

Who is eligible for EIS?

Applicants must be registered and operating in Singapore. Companies, sole proprietorships, partnerships, registered business trusts and Singapore branches/subsidiaries of foreign companies carrying on active business in Singapore Expenditure must be net of government grants/subsidies Cash payout: at least 3 full-time local employees (SC/PR, >= S$1,400 gross monthly, >= 35 hours/week, excl. sole proprietors, partners, shareholder-directors) with CPF for at least 6 months in the basis period Cash payout: at least S$400 qualifying expenditure; tax return filed on time Investment holding companies, clubs/associations, charities and VCCs cannot take the cash payout

How do I apply for EIS?

Apply through Form C/C-S (EIS section) for deductions; myTax Portal 'Apply for EIS Cash Payout' digital service. Processing time: Cash payout generally up to 3 months.

What documents do I need for EIS?

Corporate Income Tax Return (Form C/C-S) with EIS section; R&D Claim Form (for R&D cash payout); Instalment Arrangement Template (IP acquisition paid by instalment); Invoices, receipts and contracts for qualifying expenditure (keep 7 years); Training course fee invoices and course details (SWDA-supported); IP registration/filing receipts; Agreement with polytechnic/ITE/partner institution (innovation projects); CPF contribution records for 3 local employees (cash payout); EIS Disposal of IPRs Form (within 30 days of any disposal).

Sources

Information last verified on 23 Oct 2026. Grant rules change often. Always confirm with IRAS before you apply.