Programmes to Support Your Maritime Business
Expanding your business operations
MPA supports the diverse business needs of maritime enterprises, enabling them to increase the scope and range of their maritime services.
MPA can assist you in many ways if you are looking to expand your business operations in Asia.
By leveraging on Singapore’s pro-business environment, MPA can support your business needs, be it expansion plans or starting up your operations in Singapore.
Not only does MPA focus on ships, cargo, port facilities and infrastructure, but it also aims to develop and expand businesses, networks and most importantly, knowledge.
In its effort to attract and develop ideas and opportunities, MPA constantly engages in a two-way dialogue with both local and foreign companies, ranging from large international players to local start-ups.
The areas that MPA deals with are:
- Business Development, where MPA provides various assistance and fiscal schemes to help you optimise your operations.
- Manpower, where MPA can help you to develop the knowledge and skills of your staff by funding training programmes.
Supporting your business through schemes
MPA offers maritime and related
companies a range of schemes to grow and develop their businesses in Singapore.
MPA has in place a number of programmes to help both new and existing players develop their business.
To find out how MPA can be of assistance to you, please visit the pages below.
Available Support for your Business
Maritime Sector Incentive
The Maritime Sector Incentive (MSI) helps shipping enterprises to grow their businesses in Singapore.
Withholding Tax Exemption
To further promote the growth of the maritime sector, qualifying shipping enterprises will enjoy WHT exemption on interest and related payments
Maritime Cluster Fund
The Maritime Cluster Fund facilitates the growth of Singapore's maritime cluster by supporting the industry's manpower and business development efforts.