BUDGET 2025: Singapore unveil tax incentives to boost SGX appeal

Tax incentives will be given out to local companies and fund managers who list in the SGX.

Singapore is rolling out tax-related incentives to make its stock exchange more attractive for investors and companies looking to go public.

The Ministry of Finance has received and accepted the recommendations from the equities market review group, said Prime Minister Lawrence Wong during the Budget 2025 speech, 18 February.

Incentives will be given to Singapore-based companies and fund managers that will list in Singapore.

Tax incentives will also be given out to fund managers that invest substantially in Singapore-listed equities, in order to encourage more investment.

The move comes as Wong recognized past feedback that said that the Singapore stock exchange was not an attractive option for listing, even for companies that are focused on Singapore and Southeast Asia. 

More details will be announced in due course.