For one, Singapore-based companies that intend to go public will receive a corporate income tax rebate of up to $6 million for companies with a market value of at least $1 billion and $3 million for those below this level, per year of assessment.
In his Budget 2025 speech, Prime Minister Lawrence Wong briefly touched on the ongoing stock market review. The main goal is to make Singapore stocks more attractive and the Singapore Exchange (SGX:S68
) , a listed entity here itself, will clearly benefit if the outcomes of the review are deemed effective.
As flagged by the Monetary Authority of Singapore on Feb 13, tax incentives to encourage more listings on the SGX are being introduced as initial measures to rejuvenate the Singapore stock markets.
