The Monetary Authority of Singapore’s Equities Market Review Group has announced its first set of measures to support the development of Singapore’s equities market, centred on proposed tax incentives intended to spur more listings and investment. The tax proposals have been submitted to the Prime Minister and Minister for Finance. The measures are framed to help Singapore enterprises access growth capital and to attract quality companies with a regional presence to list in Singapore, including mid-sized firms and companies seeking secondary listings in Asia. The package also targets stronger market competitiveness by catalysing investor interest, boosting the supply of quality listings, and streamlining the regulatory process for initial public offerings, including incentives to attract enterprises and fund managers to list in Singapore and to encourage the launch and growth of funds with substantial investment in domestic equities. A fuller update on the first set of measures is scheduled for 21 February 2025. Further measures aimed at longer-term development and sustainable growth are to be presented in the second half of 2025.
Monetary Authority of Singapore 2025-02-13
Monetary Authority of Singapore’s Equities Market Review Group submits tax incentive proposals to strengthen Singapore’s equities market
The Monetary Authority of Singapore's Equities Market Review Group proposes tax incentives to boost Singapore's equities market by encouraging more listings and investments. The measures aim to help local enterprises access growth capital, attract regional companies for listing, and improve market competitiveness by streamlining IPO processes. A detailed update on these measures is expected on 21 February 2025, with additional long-term initiatives planned for later in the year.