Precision Engineering Grants and R&D Tax

Singapore’s precision engineering sector is a vital enabler of advanced manufacturing, semiconductors, aerospace, medtech, and more. Known for its high standards, tight tolerances, and cutting-edge capabilities, the industry is constantly innovating to meet the demands of next-generation technologies.

At FI Group, we help precision engineering companies turn their technical advancements into financial returns, through R&D tax incentives and innovation grants that support continuous improvement and breakthrough development.

Innovation in Precision Engineering

Precision engineering is built on solving complex technical challenges. Common qualifying R&D activities include:

• Designing and prototyping high-precision components
• Developing advanced machining or fabrication techniques
• Improving material performance or durability
• Integrating automation, robotics, or digital twins
• Enhancing accuracy, repeatability, or production efficiency

These activities often involve experimentation and technical uncertainty—making them eligible for R&D tax relief.