Yes, all business can claim for PIC. If the website improves your productivity, marketing effort, and automates your business, we highly recommend you to claim your website.
We help you to accelerate your business by working on fixed price packaged products as well as custom applications that suit needs of a broad spectrum of clients.
Incurred qualifying expenditure and are entitled to PIC during the basis period for the qualifying YA Active business operations in Singapore;
At least 3 local employees (Singapore citizens or Singapore permanent residents with CPF contributions)
Excluding sole-proprietors, partners under contract for service and shareholders who are directors of the company
How to claim?
Please remember that there is NO authorized agency or personnel who can guarantee the PIC approval.
As long as the activity falls into the categories listed, you are eligible for PIC. Dot Spiders will assist you in applying for PIC grants WITHOUT additional charges.
What are the other qualifying activities for PIC?
The productivity improvement activities covered under PIC are:
i) Acquisition and leasing of PIC Information Technology (IT) and Automation Equipment
ii) Training of employees
iii) Acquisition and In-licensing of Intellectual Property Rights;
iv) Registration of patents, trademarks, designs and plant varieties;
v) Research and development activities;
vi) Design projects approved by Design Singapore Council.
FOR MORE INFORMATION ON PIC, PLEASE FEEL FREE TO CONTACT IRAS:
Email to [email protected]
For Companies 1800-356 8622
For Self-employed/Partnership (+65) 6351 3534
For more information and downloading of claim documents, please visit: https://www.iras.gov.sg/irashome/picredit.aspx
The above information was sourced from: http://www.picclaim.com.sg/articles/infographic-iras-pic-grant-for-website.html