VIVOS’ Expert Take on Singapore Budget 2025

VIVOS’ Expert Take on Singapore Budget 2025

 

The following comments reflect VIVOS’ insights and strategic response to the Singapore Budget 2025. As a key industry player, our experts analyze the budget’s impact on businesses and economic growth, highlighting opportunities and challenges for the year ahead.

Ivan McAdam O'Connell

“In a time of threats of taxes and tariffs globally – Singapore’s recent Budget stands out for its financial support for both businesses and citizens to meet the challenges of tomorrow.  Underwriting Singapore’s position as a business-friendly, forward-looking and stable global business hub.”

Singapore’s new Global Founder Programme (GFP) and expanded internationalization initiatives aim to attract seasoned entrepreneurs by offering access to innovative ideas, expertise, and global networks, solidifying its status as a top business hub. The extension of the 50% corporate tax rebate supports SMEs in transitioning toward productivity improvements and exploring growth opportunities, highlighting Singapore’s commitment to a resilient and dynamic business ecosystem.” 

“ Singapore’s 2025 budget is all about easing the squeeze on people and businesses. Citizens will get cash handouts, with extra help for seniors, and there’s a tax rebate to give some relief. Companies will also benefit from tax rebates to help them manage costs. Even though the economy’s expected to grow slower this year, the budget focuses on building resilience for everyone. It’s a smart move to offer immediate support while also prepping for whatever comes next in this uncertain global climate.”

“ 新加坡2025年的预算着重吸引外资并培养本地人才。除了为市民和企业提供现金补助和税收优惠外,预算还推出了一些措施,旨在让新加坡成为全球公司更具吸引力的地方。企业将获得税收减免,帮助应对不断上升的成本,同时也加强了对本地人才的培养,以保持竞争力。尽管经济增长放缓,预算依然聚焦长期稳定,通过推动创新和适应性,确保新加坡继续成为外资和国际人才的理想之地”

For a deeper dive into Singapore Budget 2025 and how it affects businesses, explore the latest insights in our previous blog article. Stay ahead with expert analysis, strategic recommendations, and key takeaways that matter to you. – https://www.vivos.com.sg/singapore-budget-2025-expectations-empowering-businesses-foreign-investments/

Ivan-McAdam-OConnell
Ivan-McAdam-OConnell

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Frequently
Asked Questions

  • Budget 2025 introduces several pro-business initiatives to help enterprises grow, innovate, and expand globally. Key measures include:

    • Corporate tax rebate of 50% (capped at $40,000) to ease business costs.
    • New $1B Private Credit Growth Fund for high-growth local enterprises.
    • New AI & tech adoption grants, including the $150M Enterprise Compute Initiative.
    • Extended support for mergers, acquisitions, and internationalization to help businesses expand beyond Singapore.
    • Global Founder Programme to attract global entrepreneurs and startups to establish in Singapore.

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