Software Development

Software Development Grants and R&D Tax

Singapore’s software development ecosystem is thriving, driven by a strong digital economy, government support, and a culture of innovation. From enterprise platforms and mobile apps to AI systems and cybersecurity tools, software companies are constantly pushing the boundaries of what’s possible.

At FI Group, we help software innovators turn their R&D efforts into financial advantage, through R&D tax incentives and innovation grants tailored to the tech sector.

Innovation in Software Development

Software development is inherently innovative. Whether you’re building new products or improving existing systems, your work may qualify for R&D tax relief. Common qualifying activities include:

Developing new software architectures or algorithms
Solving technical challenges in system integration or scalability
Creating proprietary platforms, APIs, or middleware
Enhancing performance, security, or interoperability
Experimenting with AI, machine learning, or blockchain technologies

Even if the project doesn’t succeed, the attempt to overcome technical uncertainty can still be eligible.

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GRANT FUNDING FOR SOFTWARE DEVELOPMENT INDUSTRY

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Combining Grants and R&D Tax Relief

Many businesses don’t realise they can benefit from both government grants and R&D tax incentives, and combining them strategically can significantly boost your innovation budget.

At FI Group, we help you:

Identify eligible projects for both grants and tax incentives
Sequence funding to avoid overlaps and maximise returns
Navigate compliance with local regulations and reporting requirements

Whether you’re building new platforms, solving technical challenges, or experimenting with AI and emerging technologies, we ensure you get the full financial support you deserve.

Innovation deserves more than one reward, let us help you claim them all.

Why FI Group?

We specialise in helping software companies turn innovation into impact. Our services include:

In-house PhD experts
Extensive experience with R&D Tax Incentives and grants
End-to-end support in grant writing, submitting and audit defence.
Offices across 20+ international markets
Global best practices in innovation funding, tailored to meet Singapore compliance

Why FI Group?

We specialise in helping software companies turn innovation into impact. Our services include:

In-house PhD experts
Extensive experience with R&D Tax Incentives and grants
End-to-end support in grant writing, submitting and audit defence.
Offices across 20+ international markets
Global best practices in innovation funding, tailored to meet Singapore compliance

Software Development