Software Development Grants and R&D Tax
Singapore’s software development ecosystem is thriving, driven by a strong digital economy, government support, and a culture of innovation. From enterprise platforms and mobile apps to AI systems and cybersecurity tools, software companies are constantly pushing the boundaries of what’s possible.
At FI Group, we help software innovators turn their R&D efforts into financial advantage, through R&D tax incentives and innovation grants tailored to the tech sector.
Innovation in Software Development
Software development is inherently innovative. Whether you’re building new products or improving existing systems, your work may qualify for R&D tax relief. Common qualifying activities include:
- Developing new software architectures or algorithms
- Solving technical challenges in system integration or scalability
- Creating proprietary platforms, APIs, or middleware
- Enhancing performance, security, or interoperability
- Experimenting with AI, machine learning, or blockchain technologies
Even if the project doesn’t succeed, the attempt to overcome technical uncertainty can still be eligible.