Budget 2025: Quick takes on tax incentives for companies, fund managers that list in Singapore

Our Partner and Head of Capital Markets, Ooi Chee Keong shared with The Business Times his quick-takes on the impact of these tax incentives and income tax rebates, noting that they could serve as a motivating factor for companies to pursue a public listing.

As part of SG Budget 2025, tax incentives will be introduced for Singapore-based companies and fund managers that choose to list in the city-state and grow their economic activities here. These three tax incentives constitute the first set of measures developed by the Monetary Authority of Singapore (MAS) to revitalise the Initial Public Offering (IPO) market. 

He pointed out that while these measures could provide a short-term boost to the number of IPOs, Singapore needs strong institutional investors and market makers — a robust ecosystem that facilitates active trade amidst regional market competitions.

"The city-state needs to strengthen market-making mechanisms, encourage broader institutional engagement, and attract innovative, high-growth sectors that appeal to both local and international investors," he added.

Read the full article on The Business Times.

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