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3TIMESBUSINESSDIRECTORYOFSINGAPORE2023/2024GOVERNMENTDEVELOPMENTASSISTANCEPROGRAMMESTAXINCENTIVESProgrammesDescriptionApprovedContractManufacturerandTradeScheme(ACMT)WithACMTcontractmanufacturersandtradersdonotneedtoaccountforGSTonvalue-addedactivitiessuppliedtonon-GSTregisteredoverseascustomersoroverseaspersonsregisteredundertheOverseasVendorRegistration(OVR)regimeasapay-onlypersonApprovedImportGSTSuspensionScheme(AISS)UnderAISSGST-registeredbusinessesintheaerospaceindustryenjoyaddedimportGSTsuspensionbenefitsforqualifyingaircraftpartsApprovedThirdPartyLogistics(3PL)CompanySchemeUnderthisschemeapprovedlogisticscompaniesthatprovidelogisticsmanagementservicestooverseasclientsdonotneedtopayimportGSTorchargeGSTonthesuppliesoftheiroverseasclientsgoodsundercertaincircumstancesAutomatedDoubleTaxDeductionforInternationalisationScheme(DTDi)CompaniesplanningtoexpandoverseascanbenefitfromautomaticDTDiwitha200%taxdeductiononeligibleexpensesofuptoS$150000forinternationalmarketexpansionandinvestmentdevelopmentactivitiesDoubleTaxDeductionforInternationalisation(DTDi)CompaniesplanningtoexpandoverseascanbenefitfromDTDiwitha200%taxdeductiononeligibleexpensesforinternationalmarketexpansionandinvestmentdevelopmentactivitiesHand-CarriedExportsScheme(HCES)UnderHCESyoumayzero-rateyoursuppliestooverseascustomersforgoodshand-carriedoutofSingaporeviaChangiInternationalAirportMajorExportersScheme(MES)UnderMESGSTonnon-dutiablegoodsissuspendedatthepointofimportandwhenthegoodsareremovedfromZeroGSTwarehousesLOANSProgrammesDescriptionEnterpriseFinancingScheme(EFS)EFShelpsSingaporeenterprisestoaccessfinancingmorereadilyEnterpriseSingapore(ESG)willsharetheloandefaultriskintheeventofenterpriseinsolvencywiththeParticipatingFinancialInstitutions(PFIs)InternationalisationFinanceScheme(IFS)-Non-RecourseIFSgivesmid-sizedcompaniesaccesstouptoS$50millioninprojectfinancingforlocalandoverseasdevelopmentprojectsEnterpriseSingapore(ESG)co-sharesdefaultriskswithParticipatingFinancialInstitutes(PFIs)TemporaryBridgingLoanProgramme(TBLP)TheTBLPprovidesaccesstoworkingcapitalforbusinessneedsatamaximumsupportedloanofS$3Millionwith70%Governmentrisk-shareonloansfornewapplicationsinitiatedfrom1April-30September2021Formoreinformationpleasevisithttps//wwwgobusinessgovsg/gov-assist/